ETH vs SOL— Side by Side
| Feature | ETH | SOL |
|---|---|---|
| Category | Layer 1 | Layer 1 |
| Consensus | Proof of Stake | Proof of Stake |
| Launched | 2015 | 2020 |
| Founder | Vitalik Buterin | Anatoly Yakovenko |
When to Use Each
ETH
- +Largest DeFi ecosystem — Aave, Uniswap, MakerDAO, Lido, and hundreds of protocols
- +Deflationary tokenomics via EIP-1559 — ETH supply can shrink during high activity periods
- +Proof of Stake consensus with 900,000+ validators — most decentralized PoS network
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