Solana vs IOTA

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?
IOTA Logo
IOTA
 (IOTA)

IOTA is a blockchain platform designed for the Internet of Things (IoT) that enables automated payments between machines and devices. The project uses the Move Virtual Machine and focuses on applications like smart cities, supply chain tracking, and the machine economy.

What is IOTA?
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Purpose and goals

Solana Logo
Solana
 (SOL)
  • Smart contract platform
  • High scalability
  • Low fees
IOTA Logo
IOTA
 (IOTA)
  • IoT Applications
  • Move Virtual Machine
  • Enterprise Blockchain
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Price and market data

Chart

Solana
 (SOL)

$83.85

-11.8%
IOTA
 (IOTA)

$0.0342

-14.8%
1D
1W
1M
1Y
Max
Market data
SolanaIOTA
All-Time High
$293.31
Jan 19, 2025
-71.4%
$5.2500
Dec 18, 2017
-99.3%
Crypto All-Time Highs
Market cap
$49.61B
$162.89M
Market share
2.00%
0.0066%
Transaction volume (24h)
$2.51B
+45.9%
$3.56M
+1.6%
Exchange rate

1 SOL = $83.85

1 IOTA = $0.0342

SOL converterIOTA converter
AI prediction 2026
$109.95
+31.1%
$0.0608
+78.0%
SOL predictionIOTA prediction
Price trend
Negative
(17/30 days)
Negative
(20/30 days)
Momentum
Positive
NegativePositive
Positive
Positive
NegativePositive
Positive
Relative Strength Index
Buy
BuySell
Buy

27.6

Buy
BuySell
Buy

27.8

News sentiment
Positive
NegativePositive
Positive (83/100)

Last 7 days

–
SOL newsIOTA news
Price performance
--0.5%
--3.0%
Price performance
--11.8%
--14.8%
Price performance
--22.9%
--32.2%
Price performance
--48.3%
--76.7%
Annual return
--33.3%
--58.9%
Annual return
--34.6%
--70.7%
Annual return
++87.3%
--10.4%
SOL returnsIOTA returns
Average annual return
++1,724.5%
++77.1%
Max supply
–
–
Circulating supply
591.41M
4.74B
Inflation
6.78%
Year
14.89%
Year
Crypto Inflation

On-chain data

SolanaIOTA
Total Value Locked (TVL)
$5.08B
$293,814.50
Total Value Locked
Market cap/TVL (ratio)
9.76
554.41
Transactions (24h)
93.48M
–
Active addresses (24h)
5.01M
–

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?
IOTA Logo
IOTA
 (IOTA)
IOTA underwent one of the most dramatic transformations in crypto: After years developing its own Tangle technology, the project made a radical pivot to the Move Virtual Machine in 2024. While the original vision of a fee-free machine economy was innovative, the DAG-based approach failed due to practical issues like the never-removed Coordinator and performance weaknesses. The move to Move represents both capitulation and fresh start: IOTA now uses proven blockchain technology instead of experimental approaches. The project maintains its IoT focus but must regain trust from a divided community and compete against established Move chains like Sui and Aptos. IOTA's industry partnerships and domain expertise remain valuable, yet the entire ecosystem must be rebuilt from scratch. For investors, IOTA is now a completely different project than before – less visionary but potentially more realistic. We follow the development with interest but currently don't recommend investment due to high uncertainties and strong competition. IOTA's story shows: Even innovative ideas can fail, but the courage for radical realignment deserves respect.
What is IOTA?
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Key data

Key data
SolanaIOTA
Sector
Smart Contracts
Smart Contracts
Key feature
Performance
Parallel Transaction Processing
Founder
Anatoly Yakovenko, Raj Gokal
David Sønstebø, Sergey Ivancheglo, Dominik Schiener, Serguei Popov
Developer
Solana Labs, Solana Foundation
IOTA Foundation
Published
2017
2016
Institutional investors
  • a16z Crypto
  • Slow Ventures
  • Multicoin Capital
  • Delphi Digital
  • BlockTower Capital
  • Jump Capital
  • etc.
  • Blocktree Capital
  • Outlier Ventures
  • How 2 Ventures
Social media
4.22M followers
288,183 followers
Website
solana.com
www.iota.org
Whitepaper
Whitepaper
Whitepaper

Technical details

Technical details
SolanaIOTA
Blockchain
Solana Blockchain
IOTA Rebased
Consensus mechanism
Proof of Stake (Alpenglow)
Proof of Stake
Staking
Yes
No
Open source
Yes
Yes
Energy consumption
Low
Low
Transactions per second
55,000 TPS
50,000 TPS
Solana vs IOTA

Solana or IOTA

Market data comparison of SOL versus IOTA

The current price of Solana is $83.85 and has decreased by 0.5% in the last 24 hours. IOTA is currently trading at $0.0342, with a drop of 3.0% over the same period. Solana has a market cap of $49.61B and ranks 7th. IOTA follows with a market cap of $162.89M, ranking 189th — 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 IOTA?

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 IOTA. What target markets and problems are these two projects aiming to address?

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

Currently, Solana is about -71.4% below it's all-time high of $293.31 reached Jan 19, 2025.
In comparison, IOTA is down approximately -99.3% from it's all-time high of $5.2500 Dec 18, 2017.
Solana currently has a 70,406.8% higher 24h transaction volume of $2.51B compared to IOTA with $3.56M.
Over the past year, Solana achieved a total return of -48.3%, while IOTA returned -76.7%. 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 IOTA. 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 IOTA?

Today, there are many reputable and secure exchanges that make it easy to invest in Solana and IOTA. 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 IOTA 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 IOTA?

If you want to store cryptocurrencies like Solana or IOTA 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, IOTA, and many other cryptocurrencies.

Crypto wallets comparison