Solana vs Hedera

General

Description

Solana Logo
Solana
 (SOL)

Solana is a highly scalable blockchain platform for smart contracts and decentralized applications. It uses Proof of Stake and is designed for high throughput, fast transaction processing and low network fees. These features make Solana well suited to DeFi, payments and gaming, positioning it as one of Ethereum’s main competitors.

What is Solana?
Hedera Logo
Hedera
 (HBAR)

Hedera is a decentralized network that uses Hashgraph technology instead of a traditional blockchain. This allows for extremely fast transactions with minimal fees. The network is governed by a council of over 35 major companies, including Google, IBM, Dell, Boeing, and Deutsche Telekom, aiming to foster innovation and prevent hard forks.

What is Hedera?
Page 1 of 0

Purpose and goals

Solana Logo
Solana
 (SOL)
  • Smart contract platform
  • High scalability
  • Low fees
Hedera Logo
Hedera
 (HBAR)
  • Decentralized network for enterprises
  • Regulatory compliance
  • High speed & scalability
Page 1 of 0

Price and market data

Chart

Solana
 (SOL)

$79.79

-10.9%
Hedera
 (HBAR)

$0.0620

-8.9%
1D
1W
1M
1Y
Max
Market data
SolanaHedera
All-Time High
$293.31
-72.8%
$0.5692
-89.1%
Crypto All-Time Highs
Market cap
$47.22B
$2.75B
Market share
2.02%
0.12%
Transaction volume (24h)
$3.32B
+0.2%
$74.27M
+48.3%
Exchange rate

1 SOL = $79.79

1 HBAR = $0.0620

SOL converterHBAR converter
AI prediction 2026
$109.95
+37.9%
$0.0821
+32.1%
SOL predictionHBAR prediction
Price trend
Negative
(18/30 days)
Negative
(21/30 days)
Momentum
Positive
NegativePositive
Positive
Neutral
NegativePositive
Neutral
Relative Strength Index
Buy
BuySell
Buy

24.2

Buy
BuySell
Buy

31.6

News sentiment
Positive
NegativePositive
Positive (87/100)

Last 7 days

Neutral
NegativePositive
Neutral (39/100)

Last 6 months

SOL newsHBAR news
Price performance
--3.5%
--5.7%
Price performance
--10.9%
--8.9%
Price performance
--25.7%
--28.6%
Price performance
--48.5%
--65.3%
Annual return
--34.6%
--42.9%
Annual return
--34.6%
--59.8%
Annual return
++87.3%
++218.5%
SOL returnsHBAR returns
Average annual return
++1,724.3%
++134.6%
Max supply
–
50B
Circulating supply
591.51M
44.33B
Inflation
6.78%
Year
4.36%
Year
Crypto Inflation

On-chain data

SolanaHedera
Total Value Locked (TVL)
$4.96B
$21.68M
Total Value Locked
Market cap/TVL (ratio)
9.53
126.81
Transactions (24h)
106.28M
–
Active addresses (24h)
4.48M
–

Our rating

What we think

Solana Logo
Solana
 (SOL)
Solana is one of the leading smart contract platforms, with substantial activity across decentralized trading, lending protocols and stablecoins. In our view, its strength lies in the combination of low fees, deep liquidity and an active ecosystem: new applications can tap into established markets and an existing user base. These network effects give Solana a competitive advantage and strengthen its position as a major alternative to Ethereum. Our main concern is its reliance on speculative token trading, which can cause sharp swings in network activity. Demanding validator requirements, concentrated stake and past outages are further drawbacks. We see Solana as an established platform with substantial usage and strong growth prospects. However, strong network usage alone does not justify a high valuation for SOL. The investment case also depends on how much lasting demand that activity creates for the token.
What is Solana?
Hedera Logo
Hedera
 (HBAR)
Hedera combines the advantages of public and private networks, specifically targeting enterprises that require scalable and regulatory-compliant infrastructure. Its Hashgraph technology enables high-speed transactions with final confirmation within seconds—a clear advantage over traditional blockchains. The consensus mechanism, Asynchronous Byzantine Fault Tolerance (ABFT), ensures security and protection against attacks, while proxy staking incentivizes HBAR investors. However, challenges remain: governance by a limited council may restrict decentralization in the long term. Additionally, Hashgraph is a patented technology, raising concerns among open-source advocates and potentially hindering adoption beyond the Hedera ecosystem. Furthermore, currently only authorized nodes can determine transaction history, contrasting with fully open and accessible networks like Bitcoin or Ethereum. Despite these challenges, Hedera offers a robust alternative for businesses seeking performant and legally secure distributed ledger technology. Whether Hashgraph can compete with open blockchain platforms largely depends on the ecosystem’s development and the establishment of sufficient use cases.
What is Hedera?
Page 1 of 0

Key data

Key data
SolanaHedera
Sector
Smart Contracts
Smart Contracts
Key feature
Performance
Enterprise DLT
Founder
Anatoly Yakovenko, Raj Gokal
Mance Harmon, Dr. Leemon Baird, Paul Madsen
Developer
Solana Labs, Solana Foundation
Hedera Governing Council
Published
2017
2019
Institutional investors
  • a16z Crypto
  • Slow Ventures
  • Multicoin Capital
  • Delphi Digital
  • BlockTower Capital
  • Jump Capital
  • etc.
  • Digital Currency Group (DCG)
  • Blocktower Capital
Social media
4.22M followers
463,961 followers
Website
solana.com
hedera.com
Whitepaper
Whitepaper
Whitepaper

Technical details

Technical details
SolanaHedera
Blockchain
Solana Blockchain
Hashgraph
Consensus mechanism
Proof of Stake (Alpenglow)
Hashgraph, Proof of Stake
Staking
Yes
Yes
Open source
Yes
No
Energy consumption
Low
Low
Transactions per second
55,000 TPS
10,000 TPS
Solana vs Hedera

Solana or Hedera

Market data comparison of SOL versus HBAR

The current price of Solana is $79.79 and has decreased by 3.5% in the last 24 hours. Hedera is currently trading at $0.0620, with a drop of 5.7% over the same period. Solana has a market cap of $47.22B and ranks 7th. Hedera follows with a market cap of $2.75B, ranking 32nd — meaning it is valued lower.

We automatically update all market data every 15 minutes, so you always have the latest figures for your comparison.

Should I buy Solana or Hedera?

You should be aware that investing in cryptocurrencies carries risks, and we are neither allowed nor intending to provide investment advice. Still, we'd like to offer some food for thought: consider the opportunities and risks associated with both Solana and Hedera. What target markets and problems are these two projects aiming to address?

If you're still unsure whether to invest in Solana or Hedera, you can take a look at some additional market data to help with your decision:

Currently, Solana is about -72.8% below it's all-time high of $293.31 reached at .
In comparison, Hedera is down approximately -89.1% from it's all-time high of $0.5692 reached at .
Solana currently has a 4,372.0% higher 24h transaction volume of $3.32B compared to Hedera with $74.27M.
Over the past year, Solana achieved a total return of -48.5%, while Hedera returned -65.3%. Keep in mind, however, that past performance rarely guarantees future results.

Additional criteria for comparing cryptocurrencies:

  • What problem does the project aim to solve, and is a decentralized network meaningful and necessary for it?
  • How actively is the network being used?
  • Does the project have a large and active community?
  • How strong is the development activity? (e.g., on GitHub)
  • How decentralized is the underlying blockchain and the project itself?

How we evaluate cryptocurrencies

These are just a few indicators you can use to better evaluate and compare cryptocurrencies like Solana and Hedera. Cryptocurrencies and their underlying technologies are often difficult to compare — even for professionals. So don’t stress yourself out, and never let emotions or fear of missing out drive your investment decisions.

Where can I buy Solana or Hedera?

Today, there are many reputable and secure exchanges that make it easy to invest in Solana and Hedera. We're happy to help you choose the right one: simply use our exchange comparison tool to find the platform that best suits your needs. Both Solana and Hedera are well-known and in high demand, which means they're available on most major exchanges.

Crypto exchanges comparison

Which crypto wallet is best for Solana and Hedera?

If you want to store cryptocurrencies like Solana or Hedera yourself, choosing the right wallet is essential. Consider your personal preferences when deciding: Is ease of use important to you? Do you prefer maximum security with a hardware wallet (USB device), or is a software wallet sufficient for your needs? Our crypto wallet comparison helps you find the best wallet for Solana, Hedera, and many other cryptocurrencies.

Crypto wallets comparison