Solana vs Waves
Compare any two cryptocurrencies side by side
SOL | Rank #6
| Metric | SOL | WAVES |
|---|---|---|
| Rank | #6 | #80 |
| Price | $94.94 | $76.96 |
| Market Cap | $54.25B | $10.41B |
| 24h % | +7.78% | +2.89% |
| 7d % | +11.70% | +16.66% |
| Volume (24h) | $6.80B | $491.89M |
| Category | Layer 1 | Layer 1 |
| Blockchain | Solana | Waves |
Solana
About
What Is Solana (SOL)? Solana is a high-performance blockchain designed for fast and low-cost transactions, supporting scalable decentralized applications, DeFi platforms, and NFT marketplaces.
How It Works
A high-performance Layer 1 blockchain that uses a unique Proof of History (PoH) mechanism. By creating a cryptographic record of time, it can process tens of thousands of transactions per second with sub-second finality and minimal fees.
Use Cases
High-Performance Scaling: Used to pay transaction fees on a network optimized for ultra-fast speeds, supporting high-frequency trading, real-time gaming, and low-cost NFT ecosystems.
Tokenomics
Inflationary High-Performance: Follows a fixed inflation schedule that trends down over time. Uses Proof of History (PoH) to enable very high throughput (often cited as 50k+ TPS). Used for high-frequency trading, low-fee NFT minting, and decentralized gaming that needs sub-second finality.
Risks & Considerations
Historical network stability issues and outages; expanded class-action lawsuits against foundations weigh on growth in 2026.
Waves
About
What Is Waves (WAVES)? Waves is a blockchain platform that supports token creation, smart contracts, and decentralized applications.
How It Works
A blockchain platform designed for easy token creation and decentralized trading, offering built-in tools for businesses and developers.
Use Cases
Asset Tokenization: Used to create and launch custom tokens, support decentralized crowdfunding, and pay gas on a flexible, user-friendly chain.
Tokenomics
Token Launch Platform: A high-speed Layer 1 for creating and trading custom assets, with integrated exchange tooling focused on user-friendly token issuance.
Risks & Considerations
High founder risk and regulatory scrutiny; node participation is declining in 2026.