Solana vs Algorand
A side-by-side look at Solana (SOL) and Algorand (ALGO) — live price, market capitalization, supply, all-time records and project fundamentals. Figures refresh hourly from public market data. For informational purposes only; not financial advice.
Solana vs Algorand: Key Metrics
| Metric | SOL | ALGO |
|---|---|---|
| Market cap rank | #7 | #72 |
| Price | $68.99 | $0.09817972 |
| Market capitalization | $40.03B | $876.37M |
| 24-hour trading volume | $2.29B | $46.88M |
| 24-hour change | -6.72% | -1.64% |
| Circulating supply | 580,058,560 | 8,925,513,644 |
| Maximum supply | No fixed cap | 10,000,000,000 |
| All-time high | $293.31 | $3.56 |
| All-time low | $0.500801 | $0.080092 |
| Genesis / launch | — | — |
| Hashing algorithm | — | — |
| Categories tracked | 16 | 13 |
Bold values mark the larger figure for size-based metrics (market cap, volume). Larger is not inherently “better.”
What Are Solana and Algorand?
Solana SOL
Solana is a high-performance Layer 1 blockchain designed for mass adoption by providing a fast, secure, and low-cost environment for decentralized applications. It distinguishes itself by scaling globally without the use of complex sharding or multiple layers, instead maintaining a single, unified ledger to avoid liquidity fragmentation. This architecture allows it to process thousands of transactions per second with sub-second finality, often at a cost of less than a penny per transaction. The network operates on a unique hybrid model that combines Proof of Stake with an innovation called Proof of History, which functions as a decentralized clock to timestamp transactions.
Full Solana profile →Algorand ALGO
Algorand is a scalable, secure, and decentralized digital currency and smart contract platform. Its protocol uses a variation of Proof-of-Stake (PoS) called Pure PoS (PPoS) to secure the network and reach consensus on block production. Developers can build decentralized applications (dApps) using familiar programming languages, including Python, which Algorand supports natively. Its infrastructure enables various use cases, including payment systems, digital identity solutions, supply-chain tracking, and financial services.
Full Algorand profile →Category Overlap
How Solana and Algorand are classified by CoinPaprika, and where they overlap.