While Solana provides major competition to the Ethereum platform, Polygon is just behind it. Solana provides much faster transactions at a reduced cost when compared to Ethereum and Polygon, while Polygon provides faster transaction speeds.
Is Polygon faster than Solana?
Yes, Polygon is faster than Solana as Polygon can process 72,000 TPS compared to 65,000 TPS of Solana.
Which one is better Solana or Polygon?
Summary: Polygon (MATIC) is a better blockchain than Solana based on network adoption, monthly active users and overall scalability.
Is Polygon cheaper than Solana?
Solana and Polygon have similar tokenomics to most Proof-of-Stake (PoS) blockchains. In terms of costs (or Solana vs. Polygon gas fees), Solana offers lower costs. However, to secure the network, Solana and Polygon need to pay out inflationary rewards to incentivize stakers to validate the network.