Compare Algorand vs Solana

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Algorand vs Solana Scalability

Real-time TPS (1H)

Algorand TPS is 99.45% lower than Solana TPS

9.2 tx/s

1,691 tx/s

Data from Chainspect

Max TPS (100 blocks)

Algorand max TPS is 25.46% lower than Solana max TPS

5,716 tx/s

7,669 tx/s

Data from Chainspect

Max Theoretical TPS

Algorand max theoretical TPS is 85.56% lower than Solana max theoretical TPS

9,384 tx/s

65,000 tx/s

Data from Chainspect

Transaction Volume (1H)

Algorand transaction volume is 99.45% lower than Solana transaction volume

33.1K txns

6.09M txns

Data from Chainspect

Block Time (1H)

Algorand block time is 6.58X longer than Solana block time

2.77s

420ms

Data from Chainspect

Finality

Algorand finality is 100% shorter than Solana finality

12.8s

Data from Chainspect

Type

Algorand and Solana are both layer 1 blockchains

Layer 1 blockchain

Data from Chainspect

Total Transactions (All time)

Algorand has 97.06% fewer total transactions than Solana

3.48B txns

119B txns

Data from Chainspect

Launch Date

Algorand was launched 9 months before Solana

Jun 12, 2019

Mar 16, 2020

Data from Chainspect

Algorand vs Solana Decentralization

Nakamoto Coefficient

Algorand Nakamoto Coefficient is 27.77% lower than Solana Nakamoto Coefficient

Data from Chainspect

Validators

Algorand has 2.21X more validators than Solana

1,531

693

Data from Chainspect

Stake

Algorand stake is 99.49% lower than Solana stake

$159M

$31.27B

Data from Chainspect

Consensus Mechanism

Algorand is Pure Proof of Stake, while Solana is PoS

Pure Proof of Stake

Proof of Stake (PoS)

Data from Chainspect

Governance

Algorand on-chain governance is better than Solana off-chain governance

On-chain

Off-chain

Data from Chainspect

Algorand vs Solana Developer Activity

Developers

Algorand has 95.01% fewer developers than Solana

542

10,863

Data from Chainspect

Commits

Algorand has 53.27% fewer commits than Solana

44,039

94,242

Data from Chainspect

Repos

Algorand has 1.14X more repos than Solana

186

163

Data from Chainspect

Stars

Algorand has 87.7% fewer stars than Solana

5,117

41,602

Data from Chainspect

Watchers

Algorand has 1.29X more watchers than Solana

726

563

Data from Chainspect

Algorand vs Solana Financials

Chain Revenue

Algorand chain revenue is 99.98% lower than Solana chain revenue

$84.77

$495.4K

Data from Chainspect

Average Transaction Fee

Algorand average transaction fee is 96.44% lower than Solana average transaction fee

$0.0001108

$0.00312

Data from Chainspect

Market Cap

Algorand market cap is 98.37% lower than Solana market cap

$690.9M

$42.48B

Data from Chainspect

FDV

Algorand FDV is 98.33% lower than Solana FDV

$770.3M

$46.26B

Data from Chainspect

Market Cap / FDV

Algorand Market Cap to FDV ratio is 2.31% lower than Solana Market Cap to FDV ratio

89.69%

91.82%

Data from Chainspect

Price

Algorand price is 99.89% lower than Solana price

$0.07703

$73.29

Data from Chainspect

Algorand vs Solana Real-time TPS Chart

Other Comparisons

Algorand Comparisons

Solana Comparisons

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.

Compare Algorand vs Solana

Algorand vs Solana Scalability

Real-time TPS (1H)

Max TPS (100 blocks)

Max Theoretical TPS

Transaction Volume (1H)

Block Time (1H)

Finality

Type

Total Transactions (All time)

Launch Date

Algorand vs Solana Decentralization

Nakamoto Coefficient

Validators

Stake

Consensus Mechanism

Governance

Algorand vs Solana Developer Activity

Developers

Commits

Repos

Stars

Watchers

Algorand vs Solana Financials

Chain Revenue

Average Transaction Fee

Market Cap

FDV

Market Cap / FDV

Price

Algorand vs Solana Real-time TPS Chart

Other Comparisons

Algorand Comparisons

Solana Comparisons

About Blockchains

About Algorand

About Solana

Blockchains Socials

Algorand Socials

Solana Socials