Compare Solana vs Algorand
Open in ChatGPTSolana vs Algorand Scalability
Real-time TPS (1H)
Solana TPS is 152X higher than Algorand TPS
Data from Chainspect
Max TPS (100 blocks)
Solana max TPS is 7.46% lower than Algorand max TPS
Data from Chainspect
Max Theoretical TPS
Solana max theoretical TPS is 6.93X higher than Algorand max theoretical TPS
Data from Chainspect
Transaction Volume (1H)
Solana transaction volume is 152X higher than Algorand transaction volume
Data from Chainspect
Block Time (1H)
Solana block time is 85.73% shorter than Algorand block time
Data from Chainspect
Finality
Solana finality is 100% longer than Algorand finality
Data from Chainspect
Type
Solana and Algorand are both layer 1 blockchains
Data from Chainspect
Total Transactions (All time)
Solana has 30X more total transactions than Algorand
Data from Chainspect
Launch Date
Solana was launched 9 months after Algorand
Data from Chainspect
Solana vs Algorand Decentralization
Nakamoto Coefficient
Solana Nakamoto Coefficient is 1.58X higher than Algorand Nakamoto Coefficient
Data from Chainspect
Validators
Solana has 53.85% fewer validators than Algorand
Data from Chainspect
Stake
Solana stake is 231X higher than Algorand stake
Data from Chainspect
Consensus Mechanism
Solana is PoS, while Algorand is Pure Proof of Stake
Data from Chainspect
Governance
Solana off-chain governance is worse than Algorand on-chain governance
Data from Chainspect
Solana vs Algorand Developer Activity
Developers
Solana has 20X more developers than Algorand
Data from Chainspect
Commits
Solana has 2.23X more commits than Algorand
Data from Chainspect
Repos
Solana has 28.07% fewer repos than Algorand
Data from Chainspect
Stars
Solana has 7.75X more stars than Algorand
Data from Chainspect
Watchers
Solana has 2.02X more watchers than Algorand
Data from Chainspect
Solana vs Algorand Financials New
Chain Revenue
Solana chain revenue is 5,235X higher than Algorand chain revenue
Data from Chainspect
Average Transaction Fee
Solana average transaction fee is 34X higher than Algorand average transaction fee
Data from Chainspect
Market Cap
Solana market cap is 71X higher than Algorand market cap
Data from Chainspect
FDV
Solana FDV is 69X higher than Algorand FDV
Data from Chainspect
Market Cap / FDV
Solana Market Cap to FDV ratio is 1.03X higher than Algorand Market Cap to FDV ratio
Data from Chainspect
Price
Solana price is 1,115X higher than Algorand price
Data from Chainspect
Solana vs Algorand Real-time TPS Chart
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Other Comparisons
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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.