Compare Algorand vs Solana
Open in ChatGPTAlgorand vs Solana Scalability
Real-time TPS (1H)
Algorand TPS is 99.22% lower than Solana TPS
Data from Chainspect
Max TPS (100 blocks)
Algorand max TPS is 1.08X higher than Solana max TPS
Data from Chainspect
Max Theoretical TPS
Algorand max theoretical TPS is 85.56% lower than Solana max theoretical TPS
Data from Chainspect
Transaction Volume (1H)
Algorand transaction volume is 99.22% lower than Solana transaction volume
Data from Chainspect
Block Time (1H)
Algorand block time is 7.24X longer than Solana block time
Data from Chainspect
Finality
Algorand finality is 100% shorter than Solana finality
Data from Chainspect
Type
Algorand and Solana are both layer 1 blockchains
Data from Chainspect
Total Transactions
Algorand has 96.59% fewer total transactions than Solana
Data from Chainspect
Launch Date
Algorand was launched 9 months before Solana
Data from Chainspect
Algorand vs Solana Decentralization
Nakamoto Coefficient
Algorand Nakamoto Coefficient is 40% lower than Solana Nakamoto Coefficient
Data from Chainspect
Validators
Algorand has 2.21X more validators than Solana
Data from Chainspect
Stake
Algorand stake is 99.52% lower than Solana stake
Data from Chainspect
Consensus Mechanism
Algorand is Pure Proof of Stake, while Solana is PoS
Data from Chainspect
Governance
Algorand on-chain governance is better than Solana off-chain governance
Data from Chainspect
Algorand vs Solana Developer Activity
Developers
Algorand has 94.98% fewer developers than Solana
Data from Chainspect
Repos
Algorand has 1.43X more repos than Solana
Data from Chainspect
Commits
Algorand has 55.81% fewer commits than Solana
Data from Chainspect
Stars
Algorand has 86.84% fewer stars than Solana
Data from Chainspect
Watchers
Algorand has 49.89% fewer watchers than Solana
Data from Chainspect
Algorand vs Solana Financials New
Chain Revenue
Algorand chain revenue is 99.97% lower than Solana chain revenue
Data from Chainspect
Average Transaction Fee
Algorand average transaction fee is 97.39% lower than Solana average transaction fee
Data from Chainspect
Market Cap
Algorand market cap is 98.43% lower than Solana market cap
Data from Chainspect
FDV
Algorand FDV is 98.38% lower than Solana FDV
Data from Chainspect
Market Cap / FDV
Algorand Market Cap to FDV ratio is 3.09% lower than Solana Market Cap to FDV ratio
Data from Chainspect
Price
Algorand price is 99.9% lower than Solana price
Data from Chainspect
Algorand vs Solana Real-time TPS Chart
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About Blockchains
About Algorand
Algorand emerges as a blockchain platform committed to fostering transparency and enabling the growth of decentralized projects and applications. Operating as a public, decentralized blockchain, it leverages a Pure Proof-of-Stake (PPoS) consensus mechanism to uphold network security, efficiency, and decentralization. Powered by the Algorand Consensus Algorithm, the network employs a combination of cryptographic techniques and random selection to attain consensus, effectively addressing the constraints of traditional consensus mechanisms.
About Solana
Solana stands out as a high-performance blockchain, celebrated for its scalability, speed, and minimal transaction expenses. Featuring a distinctive consensus mechanism dubbed Proof of History (PoH), Solana achieves remarkable scalability and efficiency. Tailored to accommodate dApps, it excels in processing a vast number of transactions swiftly, thereby slashing processing durations and fees. These attributes make it a compelling platform for developers within the cryptocurrency realm.