AVAX vs SOL — Side by Side
| Feature | AVAX | SOL |
|---|---|---|
| Category | Layer 1 | Layer 1 |
| Consensus | Proof of Stake | Proof of Stake |
| Launched | 2020 | 2020 |
| Founder | Emin Gün Sirer | Anatoly Yakovenko |
When to Use Each
AVAX
- +Sub-second finality through Snowman consensus — faster finality than Ethereum and Bitcoin
- +Subnet architecture enables enterprise-permissioned chains with custom validators and rules
- +Full EVM compatibility on C-Chain — Ethereum protocols deploy with minimal changes
SOL
- +65,000+ TPS with sub-second finality — orders of magnitude faster than Ethereum base layer
- +Median transaction fee under $0.001 — enables micropayment and consumer application use cases
- +Fastest growing DeFi ecosystem in 2024 — Jupiter DEX aggregator surpassed Uniswap in volume