{"id":21435,"date":"2023-01-04T10:33:52","date_gmt":"2023-01-04T10:33:52","guid":{"rendered":"https:\/\/zebpay.com\/in\/?p=21435"},"modified":"2023-01-13T10:28:59","modified_gmt":"2023-01-13T10:28:59","slug":"fantom-vs-solana","status":"publish","type":"post","link":"https:\/\/zebpay.com\/in\/blog\/fantom-vs-solana","title":{"rendered":"Fantom (FTM) Vs Solana (SOL)"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_66_1 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/zebpay.com\/in\/blog\/fantom-vs-solana\/#What_Is_Fantom\" title=\"What Is Fantom?\">What Is Fantom?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/zebpay.com\/in\/blog\/fantom-vs-solana\/#What_is_Solana_Crypto\" title=\"What is Solana Crypto?\">What is Solana Crypto?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/zebpay.com\/in\/blog\/fantom-vs-solana\/#FTM_Vs_Solana\" title=\"FTM Vs Solana\">FTM Vs Solana<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/zebpay.com\/in\/blog\/fantom-vs-solana\/#Pros_of_FTM\" title=\"Pros of FTM\">Pros of FTM<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/zebpay.com\/in\/blog\/fantom-vs-solana\/#Cons_of_FTM\" title=\"Cons of FTM\">Cons of FTM<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/zebpay.com\/in\/blog\/fantom-vs-solana\/#Pros_of_Solana\" title=\"Pros of Solana\">Pros of Solana<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/zebpay.com\/in\/blog\/fantom-vs-solana\/#Cons_of_Solana\" title=\"Cons of Solana\">Cons of Solana<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/zebpay.com\/in\/blog\/fantom-vs-solana\/#Solana_Vs_Fantom_Use_Cases\" title=\"Solana Vs Fantom: Use Cases\">Solana Vs Fantom: Use Cases<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/zebpay.com\/in\/blog\/fantom-vs-solana\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/zebpay.com\/in\/blog\/fantom-vs-solana\/#FAQ_on_FTM_Vs_Solana\" title=\"FAQ on FTM Vs Solana\">FAQ on FTM Vs Solana<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/zebpay.com\/in\/blog\/fantom-vs-solana\/#Is_FTM_Better_than_Solana\" title=\"Is FTM Better than Solana?\">Is FTM Better than Solana?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/zebpay.com\/in\/blog\/fantom-vs-solana\/#What_is_the_Purpose_of_FTM_and_Sol\" title=\"What is the Purpose of FTM and Sol?\">What is the Purpose of FTM and Sol?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n\n<p>Congestion, cost and complication. These are just some of the concerns associated with the crypto space due to the dominance of Ethereum. While Ethereum may be the most popular choice, these issues push more users to find alternative blockchains. The layer 1 blockchain competition is heating up and the contenders are two platforms, Fantom and Solana. So how do they stack up and which one is better?<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Is_Fantom\"><\/span>What Is Fantom?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Fantom is a layer-1 blockchain focused on scalability and cost-effectiveness. Like its competitors, <a href=\"https:\/\/zebpay.com\/in\/blog\/what-is-fantom\" target=\"_blank\" rel=\"noreferrer noopener\">Fantom<\/a> wants to make it easier to access innovations like NFTs, <a href=\"https:\/\/zebpay.com\/in\/blog\/smart-contracts-on-the-blockchain\" target=\"_blank\" rel=\"noreferrer noopener\">smart contracts<\/a> and other digital assets for ordinary users. This also extends to decentralized applications &#8211; or dApps.&nbsp;<\/p>\n\n\n\n<p>The platform achieves its scalability through the use of separate blockchains and sidechains. Instead of every transaction being on the main \u201cOpera\u201d blockchain, developers can create independent blockchains. This makes dApps very responsive and reduces the strain on a single chain.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_Solana_Crypto\"><\/span>What is Solana Crypto?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Solana is another layer-1 blockchain that seeks to solve the problems that plague Ethereum. The <a href=\"https:\/\/zebpay.com\/in\/blog\/what-is-solana-sol\" target=\"_blank\" rel=\"noreferrer noopener\">Solana<\/a> ecosystem makes it easy for developers to create unique experiences without worrying about network details. The network architecture ensures that dApps and smart contract performance is uncompromising and rapid.&nbsp;<\/p>\n\n\n\n<p>The network does this by being one of the fastest blockchains on the market. Unlike Ethereum\u2019s average transactions per second of 20, Solana can process over 60,000 transactions each second. This success is because of its novel \u201cProof of History\u201d (PoH) consensus mechanism.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FTM_Vs_Solana\"><\/span>FTM Vs Solana<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" width=\"1024\" height=\"384\" src=\"https:\/\/zebpay.com\/in\/wp-content\/uploads\/2023\/01\/Fantom-Vs-Solana-1024x384.jpg\" alt=\"Difference Between Fantom VS Solana\" class=\"wp-image-21436\" srcset=\"https:\/\/zebpay.com\/in\/wp-content\/uploads\/2023\/01\/Fantom-Vs-Solana-1024x384.jpg 1024w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2023\/01\/Fantom-Vs-Solana-300x113.jpg 300w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2023\/01\/Fantom-Vs-Solana-768x288.jpg 768w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2023\/01\/Fantom-Vs-Solana-150x56.jpg 150w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2023\/01\/Fantom-Vs-Solana.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n<p><\/p>\n\n\n\n<p>Here is a snapshot of few important metrics based on which a fair comparison can be made between FTM and Solana.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Metrics<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Solana<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>FTM<\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Start Date<\/td><td class=\"has-text-align-center\" data-align=\"center\">2020<\/td><td class=\"has-text-align-center\" data-align=\"center\">2018<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Staking APY<\/td><td class=\"has-text-align-center\" data-align=\"center\">5%<\/td><td class=\"has-text-align-center\" data-align=\"center\">2%<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Transaction Speeds(TPS)<\/td><td class=\"has-text-align-center\" data-align=\"center\">50,000<\/td><td class=\"has-text-align-center\" data-align=\"center\">10,000<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Nodes<\/td><td class=\"has-text-align-center\" data-align=\"center\">&gt;1000<\/td><td class=\"has-text-align-center\" data-align=\"center\">65<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Fees<\/td><td class=\"has-text-align-center\" data-align=\"center\">&lt;$ 0.01<\/td><td class=\"has-text-align-center\" data-align=\"center\">&lt;$ 0.01<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Circulating Supply<\/td><td class=\"has-text-align-center\" data-align=\"center\">367,000,000<\/td><td class=\"has-text-align-center\" data-align=\"center\">2,768,153,614<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Pros of Fantom<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Cons of Fantom<\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Independent blockchains<\/td><td class=\"has-text-align-center\" data-align=\"center\">It has a low market capitalisation<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">High speed and interoperability<\/td><td class=\"has-text-align-center\" data-align=\"center\">Tough competition from Ethereum<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Fantom\u2019s main chain is compatible with Ethereum Virtual Machine<\/td><td class=\"has-text-align-center\" data-align=\"center\"><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Pros_of_FTM\"><\/span><strong>Pros of FTM<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul>\n<li>Independent blockchains give developers much deeper customization options.&nbsp;<\/li>\n\n\n\n<li>Sovereign blockchains do not come at the cost of speed or interoperability.&nbsp;<\/li>\n\n\n\n<li>The Fantom main chain &#8211; Opera &#8211; supports <a href=\"https:\/\/zebpay.com\/in\/blog\/what-is-ethereum-virtual-machine-evm\" target=\"_blank\" rel=\"noreferrer noopener\">Ethereum Virtual Machine<\/a> compatibility. It thus supports Ethereum\u2019s smart contract features.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Cons_of_FTM\"><\/span><strong>Cons of FTM<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul>\n<li>Fantom has a much lower market cap than its competitors like BNB Chain and Solana at $570,567,000.&nbsp;<\/li>\n\n\n\n<li>As Ethereum upgrades and improves the network performance, Fantom\u2019s use as an Ethereum alternative becomes uncertain.&nbsp;<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Pros of Solana<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Cons of Solana<\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">It is a unified network which makes it more secure<\/td><td class=\"has-text-align-center\" data-align=\"center\">The number of validators on the network are few ( around 1000)<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Super fast with speeds touching 60,000 TPS<\/td><td class=\"has-text-align-center\" data-align=\"center\">It has faced several outages in the past<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Very low transaction fee<\/td><td class=\"has-text-align-center\" data-align=\"center\"><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Pros_of_Solana\"><\/span><strong>Pros of Solana<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul>\n<li>Solana features a single, unified network without sidechains, layer 2 scaling solutions or sharding. This is meant to make the platform more secure and resistant to hacking.&nbsp;<\/li>\n\n\n\n<li>Solana is one of the fastest blockchains at over 60,000 transactions per second.&nbsp;<\/li>\n\n\n\n<li>Transaction fees on Solana are incredibly low, at just $0.00025.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Cons_of_Solana\"><\/span><strong>Cons of Solana<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul>\n<li>While Solana may process transactions fast, finalising and validating them takes 13 seconds.&nbsp;<\/li>\n\n\n\n<li>Solana has experienced 5 major and many partial outages in 2022, which is detrimental to network users.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Solana_Vs_Fantom_Use_Cases\"><\/span>Solana Vs Fantom: Use Cases<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Both Solana and Fantom have very similar use cases. Both tokens can be used for transactions, payments of network fees and for earning rewards through staking. Thus, they are directly competing to gain ground in the same uses.&nbsp;<\/p>\n\n\n\n<p>However, there is one major difference. Solana uses a unified network while Fantom is a collection of many independent blockchains. Fantom also supports the Ethereum Virtual Machine.&nbsp;<\/p>\n\n\n\n<p>This makes Fantom easier for <a href=\"https:\/\/zebpay.com\/in\/blog\/everything-you-need-to-know-about-dapps\" target=\"_blank\" rel=\"noreferrer noopener\">dApp<\/a> developers already familiar with the Ethereum development environment. It also gives them more flexibility and simplifies the process of deploying a new blockchain for their applications.&nbsp;<\/p>\n\n\n\n<p>On the other hand, Solana\u2019s unified network may be better suited for network and data security. Since there are fewer vulnerabilities in a network with one blockchain rather than thousands, Solana may be better for some financial applications.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Both Fantom and Solana offer a compelling set of features. Fantom\u2019s network of sovereign blockchains may be more appealing for dApp creation while Solana\u2019s large user base and transaction speed may be what other users look for.&nbsp;<\/p>\n\n\n\n<p>As long as these projects continue to innovate and improve their network experience, they both have a place in the future of crypto. Fantom and Solana are compelling alternatives to Ethereum and your choice depends on the ecosystem you prefer more.&nbsp;<\/p>\n\n\n\n<p>You can now <a href=\"https:\/\/zebpay.com\/in\/markets\/ftm\" target=\"_blank\" rel=\"noreferrer noopener\">buy Fantom<\/a> (FTM) and <a href=\"https:\/\/zebpay.com\/in\/markets\/sol\" target=\"_blank\" rel=\"noreferrer noopener\">Solana (SOL)<\/a> on ZebPay. Trade confidently with <a href=\"https:\/\/zebpay.com\/in\" target=\"_blank\" rel=\"noreferrer noopener\">ZebPay India<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQ_on_FTM_Vs_Solana\"><\/span>FAQ on FTM Vs Solana<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1672828335884\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"Is_FTM_Better_than_Solana\"><\/span><strong>Is FTM Better than Solana?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>It is difficult to state which project is better than the other. On one hand, Fantom has better interoperability and also supports Ethereum Virtual Machine. However, Solana is much cheaper and faster to use. Each has its own compelling features and your choice depends on your preferences.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1672828379374\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"What_is_the_Purpose_of_FTM_and_Sol\"><\/span><strong>What is the Purpose of FTM and Sol?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The main purpose of both FTM and SOL is to reduce Ethereum\u2019s dominance in the Web3 space. By creating new platforms for dApps and smart contracts that improve on Ethereum\u2019s weak points, they create worthwhile alternatives to Ethereum.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Congestion, cost and complication. These are just some of the concerns associated with the crypto space due to the dominance of Ethereum. While Ethereum may be the most popular choice, these issues push more users to find alternative blockchains. The layer 1 blockchain competition is heating up and the contenders are two platforms, Fantom and [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":21437,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[14],"tags":[16],"acf":[],"_links":{"self":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/21435"}],"collection":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/comments?post=21435"}],"version-history":[{"count":0,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/21435\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media\/21437"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media?parent=21435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/categories?post=21435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/tags?post=21435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}