Solana vs Algorand

Solana vs Algorand Scalability

Real-time TPS

Chainspect

Solana TPS is 118X higher than Algorand TPS

Solana logo
1,014 tx/s
Algorand logo
8.62 tx/s

Max TPS (100 blocks)

Chainspect

Solana max TPS is 17.61% lower than Algorand max TPS

Solana logo
4,709 tx/s
Algorand logo
5,716 tx/s

Max Theoretical TPS

Chainspect

Solana max theoretical TPS is 6.93X higher than Algorand max theoretical TPS

Solana logo
65,000 tx/s
Algorand logo
9,384 tx/s

Transaction Volume

Chainspect

Solana transaction volume is 118X higher than Algorand transaction volume

Solana logo
3,649,131 txns
Algorand logo
31,049 txns

Block Time

Chainspect

Solana block time is 86.23% shorter than Algorand block time

Solana logo
0.4s
Algorand logo
2.87s

Finality

Chainspect

Solana finality is 100% longer than Algorand finality

Solana logo
12.8s
Algorand logo
0s

Type

Chainspect

Solana and Algorand are both layer 1 blockchains

Solana logo
Layer 1 blockchain
Algorand logo
Layer 1 blockchain

Launch Date

Chainspect

Solana was launched 9 months after Algorand

Solana logo
Mar 16, 2020
Algorand logo
Jun 12, 2019

Solana vs Algorand Decentralization New

Nakamoto Coefficient

Chainspect

Solana Nakamoto Coefficient is 1.75X higher than Algorand Nakamoto Coefficient

Solana logo
21
Algorand logo
12

Validators

Chainspect

Solana has 45.34% fewer validators than Algorand

Solana logo
1,040
Algorand logo
1,903

Stake

Chainspect

Solana stake is 152X higher than Algorand stake

Solana logo
$73.29B
Algorand logo
$481.1M

Consensus Mechanism

Chainspect

Solana is PoS, while Algorand is Pure Proof of Stake

Solana logo
Proof of Stake (PoS)
Algorand logo
Pure Proof of Stake

Governance

Chainspect

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

Solana logo
Off-chain
Algorand logo
On-chain

Solana vs Algorand Real-Time TPS Chart

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Other Comparisons

About Blockchains

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.

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.

Blockchains Socials

Solana Socials

Algorand Socials