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Compare Hedera vs Algorand

Hedera vs Algorand TPS, Transactions, Finality Time

Real-time TPS (1H)

Hedera TPS is 1.21X higher than Algorand TPS

Hedera logo
6.03 tx/s
Algorand logo
4.97 tx/s

Data from Chainspect

Max TPS (100 blocks)

Hedera max TPS is 42.22% lower than Algorand max TPS

Hedera logo
3,302 tx/s
Algorand logo
5,716 tx/s

Data from Chainspect

Theoretical TPS

Hedera max theoretical TPS is 1.07X higher than Algorand max theoretical TPS

Hedera logo
10,000 tx/s
Algorand logo
9,384 tx/s

Data from Chainspect

Transaction Volume (1H)

Hedera transaction volume is 1.21X higher than Algorand transaction volume

Hedera logo
21.7K txns
Algorand logo
17.9K txns

Data from Chainspect

Block Time (1H)

Hedera block time is 19.04% shorter than Algorand block time

Hedera logo
2.23s
Algorand logo
2.76s

Data from Chainspect

Finality Time

Hedera finality is the same as Algorand finality

Hedera logo
Instant
Algorand logo
Instant

Data from Chainspect

Total Transactions (All time)

Hedera has 20X more total transactions than Algorand

Hedera logo
71.3B txns
Algorand logo
3.55B txns

Data from Chainspect

Launch Date

Hedera was launched 3 months after Algorand

Hedera logo
Sep 16, 2019
Algorand logo
Jun 12, 2019

Data from Chainspect

Hedera vs Algorand Nakamoto Coefficient

Nakamoto Coefficient

Hedera Nakamoto Coefficient is 42.86% lower than Algorand Nakamoto Coefficient

Hedera logo
8
Algorand logo
14

Data from Chainspect

Validators

Hedera has 98.09% fewer validators than Algorand

Hedera logo
30
Algorand logo
1,572

Data from Chainspect

Stake

Hedera stake is 4.81X higher than Algorand stake

Hedera logo
$905M
Algorand logo
$188M

Data from Chainspect

Consensus Mechanism

Hedera is PoS, while Algorand is Pure Proof of Stake

Hedera logo
Proof of Stake (PoS)
Algorand logo
Pure Proof of Stake

Data from Chainspect

Governance

Hedera council governance is worse than Algorand on-chain governance

Hedera logo
Council
Algorand logo
On-chain

Data from Chainspect

Hedera vs Algorand Developer Activity

Developers

Hedera has 2.54X more developers than Algorand

Hedera logo
1,397
Algorand logo
550

Data from Chainspect

Commits

Hedera has 1.83X more commits than Algorand

Hedera logo
86,103
Algorand logo
47,106

Data from Chainspect

Repos

Hedera has 35.38% fewer repos than Algorand

Hedera logo
126
Algorand logo
195

Data from Chainspect

Stars

Hedera has 6.09% fewer stars than Algorand

Hedera logo
4,845
Algorand logo
5,159

Data from Chainspect

Watchers

Hedera has 1.67X more watchers than Algorand

Hedera logo
1,216
Algorand logo
727

Data from Chainspect

Hedera vs Algorand Fees & Market Cap

On-Chain Revenue (1D)

Hedera on-chain revenue is 7.48X higher than Algorand on-chain revenue

Hedera logo
$419
Algorand logo
$56.1

Data from Chainspect

Average Transaction Fee (1D)

Hedera average transaction fee is 4X higher than Algorand average transaction fee

Hedera logo
$0.000634
Algorand logo
$0.000159

Data from Chainspect

Market Cap

Hedera market cap is 3.67X higher than Algorand market cap

Hedera logo
$3.03B
Algorand logo
$824M

Data from Chainspect

FDV

Hedera FDV is 3.76X higher than Algorand FDV

Hedera logo
$3.41B
Algorand logo
$907M

Data from Chainspect

Market Cap / FDV

Hedera Market Cap to FDV ratio is 2.33% lower than Algorand Market Cap to FDV ratio

Hedera logo
88.65%
Algorand logo
90.77%

Data from Chainspect

Price

Hedera price is 24.76% lower than Algorand price

Hedera logo
$0.06827
Algorand logo
$0.09074

Data from Chainspect

Hedera vs Algorand Real-time TPS Chart

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