Feature/Tool | Ethereum | Solana |
---|---|---|
Consensus Mechanism | Proof of Stake | Proof of History |
Smart Contract Language | Solidity | Rust |
Framework | Hardhat, Truffle | Anchor |
On-Chain Interaction | ethers.js, web3.js | Solana Web3.js |
Performance | ~30 TPS (Ethereum Scalability) | ~65,000 TPS (Solana Performance) |
Analytics Tools | Dune Analytics, Nansen | Nansen, Flipside Crypto |
Node Architecture | P2P Broadcasting | Turbine |
Testing Tools | Ganache, Foundry | Local Validator |
Main Differences | Ethereum is better for applications where decentralization, security, and broad adoption are critical like high-value DeFi and NFTs. Enterprise and governance-focused applications are keener to be launched in this ecosystem. | Solana is best for applications requiring speed and low cost, such as gaming, high-frequency trading, and real-time applications like payments or logistics. |