Monero (XMR) vs Solana (SOL) Comparison
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
| 3 user reviews | 1 user review |
Cryptogeek rating
Trust Score
How it worksAbout
|
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)
| 225.2749 | No data |
All-time high (USD)
| 495.8400 | No data |
Price change (24h)
| 8.27 | No data |
Volume (24h)
| 3941682.75237 | No data |
Hashrate
| 1 | No data |
Max Supply
| No data | No data |
Total supply
| No data | No data |
Circulating Supply
| 82741.16081 | 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 | 3 user reviews | 1 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
| 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) 225.2749 | 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) 8.27 | Price change (24h) No data |
| Volume (24h) | Volume (24h) 3941682.75237 | 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 82741.16081 | 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 |
| Monero | No data |
| Website | Website ww.getmonero.org | Website solana.com |
|---|---|---|
| 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 3 user reviews | User rating 1 user review |
|---|---|---|
| Cryptogeek rating | Cryptogeek rating | Cryptogeek rating |
| 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? |
At the moment Monero (XMR) price is 225.2749. Its 24h volume is 3,941,683.75237. 24h price change is 8.27.
The circulating supply is 82,741.16081.
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) Cryptogeek user rating is 4, based on 1 user reviews.
When trading cryptocurrency, you should take into account the following rules:
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.
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.
An important lesson: do not believe the news, study the topic yourself.
Diversification is one of the oldest and most important concepts for an investor. Here's how to do it.
- 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.
- 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.
- 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.
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.
Monero (XMR) vs Dash (DASH)
Monero (XMR) vs Basic Attention Token (BAT)
Monero (XMR) vs IOTA (MIOTA)
Monero (XMR) vs Tezos (XTZ)
Monero (XMR) vs Cosmos (ATOM)
Solana (SOL) vs SwissBorg (CHSB)
Solana (SOL) vs Helium (HNT)
Solana (SOL) vs DxChain Token (DX)
Solana (SOL) vs Arweave (AR)
Solana (SOL) vs The Midas Touch Gold (TMTG)