Solana vs Kaspa

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?
Kaspa Logo
Kaspa
 (KAS)

Kaspa is a cryptocurrency that uses the GhostDAG protocol instead of a traditional linear blockchain. Unlike classic blockchains, Kaspa does not discard concurrently mined blocks but processes them simultaneously in a BlockDAG network. This enables extremely fast transactions with minimal confirmation times, without compromising security or decentralization.

What is Kaspa?
Page 1 of 0

Purpose and goals

Solana Logo
Solana
 (SOL)
  • Smart contract platform
  • High scalability
  • Low fees
Kaspa Logo
Kaspa
 (KAS)
  • Efficient transactions enabled by BlockDAG
  • High network security
  • Fair and decentralized mining
Page 1 of 0

Price and market data

Chart

Solana
 (SOL)

$83.54

-12.9%
Kaspa
 (KAS)

$0.0289

-11.6%
1D
1W
1M
1Y
Max
Market data
SolanaKaspa
All-Time High
$293.31
Jan 19, 2025
-71.5%
$0.2074
Jul 31, 2024
-86.1%
Crypto All-Time Highs
Market cap
$49.41B
$804.08M
Market share
1.99%
0.032%
Transaction volume (24h)
$2.01B
-30.5%
$12.72M
+93.2%
Exchange rate

1 SOL = $83.54

1 KAS = $0.0289

SOL converterKAS converter
AI prediction 2026
$109.95
+31.7%
$0.0450
+56.6%
SOL predictionKAS prediction
Price trend
Negative
(17/30 days)
Negative
(19/30 days)
Momentum
Positive
NegativePositive
Positive
Neutral
NegativePositive
Neutral
Relative Strength Index
Buy
BuySell
Buy

27.6

Buy
BuySell
Buy

36.0

News sentiment
Positive
NegativePositive
Positive (83/100)

Last 7 days

–
SOL newsKAS news
Price performance
++1.0%
--2.1%
Price performance
--12.9%
--11.6%
Price performance
--21.5%
--25.3%
Price performance
--46.5%
--42.2%
Annual return
--33.3%
--32.7%
Annual return
--34.6%
--62.1%
Annual return
++87.3%
--1.6%
SOL returnsKAS returns
Average annual return
++1,724.5%
++847.6%
Max supply
–
28.7B
Circulating supply
591.46M
27.8B
Inflation
6.78%
Year
3.06%
Year
Crypto Inflation

On-chain data

SolanaKaspa
Total Value Locked (TVL)
$5.12B
–
Total Value Locked
Market cap/TVL (ratio)
9.65
–
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?
Kaspa Logo
Kaspa
 (KAS)
Kaspa addresses one of the biggest challenges of traditional blockchains: scalability without compromising security or decentralization. Using the GhostDAG/PHANTOM protocol, all generated blocks are integrated—a key advantage over classic blockchains like Bitcoin and Ethereum, which discard many blocks. Extremely short block times and fast confirmations make Kaspa one of the most performant Proof-of-Work cryptocurrencies. Another benefit is the kHeavyHash algorithm, which makes mining more efficient and resource-friendly compared to classic PoW algorithms like SHA-256. However, PoW remains energy-intensive, potentially leading to regulatory challenges in the long term. Kaspa also faces challenges: it must compete with established networks like Bitcoin and Ethereum, which have strong network effects and developer communities. Additionally, Kaspa is still in an early ecosystem development stage—especially regarding smart contracts, DeFi, and real-world applications crucial for long-term adoption.
What is Kaspa?
Page 1 of 0

Key data

Key data
SolanaKaspa
Sector
Smart Contracts
Layer-1
Key feature
Performance
Performance and Decentralization
Founder
Anatoly Yakovenko, Raj Gokal
Yonatan Sompolinsky, Aviv Zohar, Guy Corem
Developer
Solana Labs, Solana Foundation
Yonatan Sompolinsky, Michael Sutton, Shai Wyborski, Mike Zak, Elichai Turkel,Ori Newman, Anton Yemelyanov
Published
2017
2021
Institutional investors
  • a16z Crypto
  • Slow Ventures
  • Multicoin Capital
  • Delphi Digital
  • BlockTower Capital
  • Jump Capital
  • etc.
–
Social media
4.22M followers
–
Website
solana.com
kaspa.org
Whitepaper
Whitepaper
Whitepaper

Technical details

Technical details
SolanaKaspa
Blockchain
Solana Blockchain
Kaspa Blockchain
Consensus mechanism
Proof of Stake (Alpenglow)
Proof of Work, GhostDAG
Staking
Yes
No
Open source
Yes
Yes
Energy consumption
Low
Medium
Transactions per second
55,000 TPS
400 TPS
Solana vs Kaspa

Solana or Kaspa

Market data comparison of SOL versus KAS

The current price of Solana is $83.54 and has increased by 1.0% in the last 24 hours. Kaspa is currently trading at $0.0289, with a drop of 2.1% over the same period. Solana has a market cap of $49.41B and ranks 7th. Kaspa follows with a market cap of $804.08M, ranking 82nd — 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 Kaspa?

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

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

Currently, Solana is about -71.5% below it's all-time high of $293.31 reached Jan 19, 2025.
In comparison, Kaspa is down approximately -86.1% from it's all-time high of $0.2074 Jul 31, 2024.
Solana currently has a 15,691.7% higher 24h transaction volume of $2.01B compared to Kaspa with $12.72M.
Over the past year, Solana achieved a total return of -46.5%, while Kaspa returned -42.2%. 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 Kaspa. 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 Kaspa?

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

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

Crypto wallets comparison