Monero (XMR) vs Solana (SOL) Comparison

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On this page, you can compare Monero (XMR) with Solana (SOL). Which coin is better to buy now? What will be the better investment?

You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.

Company

User rating

5 / 5 3 user reviews 4 / 5 1 user review

Cryptogeek rating

4 / 5 0 / 5

Trust Score

How it works
3.95 / 5 1.3 / 5

About

Monero is the most significant privacy-focused cryptocurrency on the market. It was created in 2014. The main feature of Monero is mixing of transactions in the blockchain. Third parties can't see amounts of money sent in transactions and addresses participating in operations, so all payments are untraceable. The developers are keeping it ASIC-resistant. It saves this network from centralization and gives an opportunity for GPU owners to earn something from mining Monero. Despite its lack of serious marketing campaign Monero has gained a strong following on different forums and social media platforms. In 2016 the price of Monero began to grow. Nowadays this currency is one of the top 15 cryptocurrencies by its market cap.
Founded by former Qualcomm, Intel, and Dropbox engineers in late-2017, Solana is a single-chain, delegated-Proof-of-Stake protocol whose focus is on delivering scalability without sacrificing decentralization or security.

Type

coin No data

Founding Date

2014 No data

Country

International No data

Languages

No data No data

Team

Not Public No data

Protocol

Public blockchain No data

Current price (USD)

149.5933 No data

All-time high (USD)

495.8400 No data

Price change (24h)

-0.27 No data

Volume (24h)

2935983.65907 No data

Hashrate

1 No data

Max Supply

No data No data

Total supply

No data No data

Circulating Supply

69390.26220 No data

Transaction speed / Block time

26 No data

Transaction fee

No data No data

Mining profitability

No data No data

Algorithm

CryptoNight-V7 No data

Proof type

PoW No data

Fully premined

No data No data

Smart contract address

No data No data

Total coins mined

17632039.18461 No data

Is trading

yes No data

Block reward

1.554846810247 No data

Block time

120 No data
Company
User rating User rating 5 / 5 3 user reviews User rating 4 / 5 1 user review
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 0 / 5
Trust Score How it works Trust Score 3.95 / 5 Trust Score 1.3 / 5
About
Monero is the most significant privacy-focused cryptocurrency on the market. It was created in 2014. The main feature of Monero is mixing of transactions in the blockchain. Third parties can't see amounts of money sent in transactions and addresses participating in operations, so all payments are untraceable. The developers are keeping it ASIC-resistant. It saves this network from centralization and gives an opportunity for GPU owners to earn something from mining Monero. Despite its lack of serious marketing campaign Monero has gained a strong following on different forums and social media platforms. In 2016 the price of Monero began to grow. Nowadays this currency is one of the top 15 cryptocurrencies by its market cap.
Founded by former Qualcomm, Intel, and Dropbox engineers in late-2017, Solana is a single-chain, delegated-Proof-of-Stake protocol whose focus is on delivering scalability without sacrificing decentralization or security.
Type Type coin Type No data
Founding Date Founding Date 2014 Founding Date No data
Country Country International Country No data
Languages Languages No data Languages No data
Team Team Not Public Team No data
Protocol Protocol Public blockchain Protocol No data
Current price (USD) Current price (USD) 149.5933 Current price (USD) No data
All-time high (USD) All-time high (USD) 495.8400 All-time high (USD) No data
Price change (24h) Price change (24h) -0.27 Price change (24h) No data
Volume (24h) Volume (24h) 2935983.65907 Volume (24h) No data
Hashrate Hashrate 1 Hashrate No data
Max Supply Max Supply No data Max Supply No data
Total supply Total supply No data Total supply No data
Circulating Supply Circulating Supply 69390.26220 Circulating Supply No data
Transaction speed / Block time Transaction speed / Block time 26 Transaction speed / Block time No data
Transaction fee Transaction fee No data Transaction fee No data
Mining profitability Mining profitability low Mining profitability No data
Algorithm Algorithm CryptoNight-V7 Algorithm No data
Proof type Proof type PoW Proof type No data
Fully premined Fully premined No data Fully premined No data
Smart contract address Smart contract address No data Smart contract address No data
Total coins mined Total coins mined 17632039.18461 Total coins mined No data
Is trading Is trading yes Is trading No data
Block reward Block reward 1.554846810247 Block reward No data
Block time Block time 120 Block time No data

Social

Website

ww.getmonero.org solana.com

Twitter

Monero No data
Website Website ww.getmonero.org Website solana.com
Twitter Twitter Monero Twitter No data

Advantages

Secure Untraceable Could grow rapidly with arms trading Private, untraceable and unfungible -

Disadvantages

Can be used for shady things Not physically-backed Risk of regulation -

Rating

User rating User rating 5 / 5 3 user reviews User rating 4 / 5 1 user review
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 0 / 5
Advantages Advantages Secure Untraceable Could grow rapidly with arms trading Private, untraceable and unfungible Advantages -
Disadvantages Disadvantages Can be used for shady things Not physically-backed Risk of regulation Disadvantages -

Monero (XMR) user rating is 5, based on 3 user reviews. Solana (SOL) user rating is 4, based on 1 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
Trust Score: 3.95 / 5 Write review
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Monero (XMR) features

At the moment Monero (XMR) price is 150.5933. Its 24h volume is 2,935,984.65907. 24h price change is 0.27.

The circulating supply is 69,390.2622.

Monero (XMR) hash rate is 1. Monero (XMR) transaction speed/block time is 26. Block reward is 2.554846810247.

At the moment the number of coins mined is 17,632,039.18461. Mining profitability is low.

Monero (XMR) Cryptogeek user rating is 5, based on 3 user reviews.

Solana (SOL) features

Solana (SOL) Cryptogeek user rating is 4, based on 1 user reviews.

Some basic rules

When trading cryptocurrency, you should take into account the following rules:

Keep track of emotions

Put emotions aside and do not try to run after prices - the time will come and your token will go up. In a bull market, each asset has its finest hour.

Beware of hype

Transparency in the cryptocurrency market is a scarce commodity. Be on the lookout for everything you hear critically, and think about the possible reasons for the newsmaker before spreading the news.

Study the topic yourself, taking into account other people's opinions. Take the news critically. People name different reasons for the recent decline in the cryptocurrency market - these are :baseCompany futures, the Chinese New Year, the loss of interest in :baseCompany, and the downside game by large players ... However, it is possible that the whole thing is false news.

Don't be taken in by false news

An important lesson: do not believe the news, study the topic yourself.

Apply investments diversification strategy and risk management

Diversification is one of the oldest and most important concepts for an investor. Here's how to do it.

  1. Low risk, high market capitalization: 40% of your portfolio. These are the safest and most stable investments, 10 leading tokens. Popular options: :baseCompany, :compareCompany, Neo, and so on. These tokens most likely have a great future, and in the event of market volatility, they will be least affected.
  2. An average risk, average market capitalization: 30% of the portfolio. These are promising and developing projects with great growth potential from the top 50. Popular options: VeChain (VEN), ICON (ICX), Omisego (OMG), and so on.
  3. High risk, low market capitalization: 30% of the portfolio. Here we are talking about active trading and highly profitable instruments, and constant attention is required. This category may include, for example, Red Pulse (RPX) and Internet Node Token (INT).

Lesson: never put all your eggs in one basket.

Do not store tokens on exchanges

Lesson: while tokens are stored on the exchange, do not consider them as yours.

On this page, you can compare Monero (XMR) with Solana (SOL). Which coin is better to buy now? What will be the better investment?

You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.