Algorand vs. Polygon
Compare key details of Algorand and Polygon side by side in a structured table format. This overview highlights core features, differences, and relevant information for each option. Use it to review how various choices stack up across the category.
| Algorand | Polygon | |
|---|---|---|
| Market Cap Rank | 46 | 11 |
| Sector / Use Case | Smart Contracts | Layer 2 Scaling Solution |
| Consensus Mechanism | Pure Proof-of-Stake | Proof-of-Stake |
| Year Launched | 2019 | 2019 |
| Current Price Range | $0.08-$1.50 | $0.30-$2.50 |
| All-Time High | $3.28 (Jun 2019) | $2.92 (Dec 2021) |
| Staking Rewards (%) | 4-6% | 4-7% |
| Developer Activity Level | High | Very High |
| Institutional Adoption | High | High |
| Notable Features | High scalability, instant transaction finality | Ethereum scaling solution, low fees |
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