• Exchange
  • Buy
  • Sell
  • Trade
  • Earn
Buy Crypto Now Academy Crypto Market Changelly Ecosystem Coins Compare Glossary Crash Course Exchange Buy Sell Trade Earn
Write for Us
Language
close menu
close menu
  • Buy Crypto Now
  • Academy
  • Crypto Market
  • Changelly Ecosystem
  • Coins Compare
  • Glossary
  • Crash Course
Write for Us

Blog › Coins Comparisons › Solana (SOL) vs Ethereum (ETH) comparison

Solana (SOL) vs Ethereum (ETH) comparison

Annie Izockey February 4, 2023 2 m
Share

Comparison of Сryptocurrencies SOL and ETH

Coin Logo Coin logo Coin logo
Full Name  Solana Ethereum
SYMBOL SOL ETH
About Solana Solana (SOL) is a decentralized computing platform for running smart contracts, similar to Ethereum. Through innovative ideas such as the combination of Proof of Stake and Proof of History, the system can perform up to 50,000 transactions per second at extremely low fees and is therefore considered a strong competitor to Ethereum.
Solana (SOL) experienced a real boom in 2021. Investors recognized the potential of the smart contract platform and gave the SOL Coin an immense increase in value. But Solana\’s success on the stock markets is not the only reason it is so exciting. The underlying technology is also worth a closer look. But how did Solana manage to become a serious competitor for Ethereum (ETH) and how does the blockchain actually work exactly? We clarify!
About Ethereum Ethereum is a decentralized software platform (open source) based on blockchain technology. It enables the creation and execution of so-called smart contracts and decentralized applications (dApps), which can be executed without the influence and control of third parties.
Ethereum is an open source software platform that focuses on dynamic and decentralized computing. The proprietary cryptocurrency that uses this system is called Ether (ETH).
Ethereum is based on a so-called blockchain and thus on the same technical foundation as Bitcoin. However, Ethereum is not a pure cryptocurrency, but serves as a decentralized ecosystem for blockchain projects of all kinds with advanced features such as smart contracts. Therefore, Ethereum can also be described as an open protocol or construction kit for decentralized applications. More details and background on this in the further course of the article.
Consensus Algorithm PoS PoS
Mineable No No
Rank 11 2
Type Coin Coin
Website solana.com www.ethereum.org
en.wikipedia.org
Whitepaper solana.com github.com
Social
twitter.comdiscord.ggt.mereddit.com
twitter.comgitter.imreddit.com
Source Code github.com github.com

 

Price Analysis and Prediction of Solana and Ethereum

Current Price Today (USD) $24.67 $1,679.50
Current Price Today (BTC) 0.0011 BTC 0.07 BTC
24h Change 0.54% 1.35%
24h Low $24.36 $1,648.19
24h High $24.89 $1,690.10
PRICE CHANGE (1 WEEK) 3.17% 7.06%
Volume $309,215,834.88 $5,714,419,542.34
All Time High $260.06 $4,891.70
MARKETCAP Today (USD) $9,191,908,301.72 $205,526,323,050.17
Max Supply No Data No Data
Total supply $539,312,704.89 $122,373,866.22
Circulating Supply $372,567,865.93 $122,373,866.22
Price Chart  Buy Solana Buy Ethereum
Prediction for Next Year Solana

Solana Price Prediction 2024

After the analysis of the prices of Solana in previous years, it is assumed that in 2024, the minimum price of Solana will be around $47.95. The maximum expected SOL price may be around $57.49. On average, the trading price might be $49.32 in 2024.
See full
 
Prediction for Next Year Ethereum

Ethereum Price Prediction 2024

After the analysis of the prices of Ethereum in previous years, it is assumed that in 2024, the minimum price of Ethereum will be around $3,229.96. The maximum expected ETH price may be around $3,752.03. On average, the trading price might be $3,321.41 in 2024.
See full

0
42
By Annie Izockey
Comments (0)
Download Changelly mobile app on your iOS or Android device
Know how to write about complicated things in a simple manner? Join Us
Explore
  • Glossary
  • Price predictions
  • Quiz
  • Buy crypto
  • Crash Course
Products
  • Changelly Earn
  • Changelly PRO
Company
  • Terms & Conditions
  • Privacy Policy
Contacts

Blog content producer — [email protected]

© Changelly 2015—2023
Share publication
Facebook Twitter Reddit Telegram WhatsApp Instagram Copy link