Solana vs. Algorand
Compare key details of Solana and Algorand 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.
| Solana | Algorand | |
|---|---|---|
| Market Cap Rank | 8 | 46 |
| Sector / Use Case | High-Speed Blockchain | Smart Contracts |
| Consensus Mechanism | Proof-of-Stake | Pure Proof-of-Stake |
| Year Launched | 2020 | 2019 |
| Current Price Range | $15-$200 | $0.08-$1.50 |
| All-Time High | $259 (Nov 2021) | $3.28 (Jun 2019) |
| Staking Rewards (%) | 6-8% | 4-6% |
| Developer Activity Level | High | High |
| Institutional Adoption | High | High |
| Notable Features | High transaction speed, low fees | High scalability, instant transaction finality |
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