Table of Contents
ToggleSolana vs Cardano: An Overview
The realm of blockchain is teeming with diverse crypto projects that undergo continuous evolution and enhancement. Among the prominent projects in today’s landscape are Solana and Cardano, which have captured significant attention in recent years owing to their pioneering approaches to advancing blockchain technology.
To know the two networks better, let us take a deep dive into their functionality!
What is Solana?
Solana functions as an open-source blockchain, supporting smart contracts and NFTs on a permissionless, high-speed layer-1 blockchain. Conceived by Anatoly Yakovenko, Greg Fitzgerald, Stephen Akridge, and Raj Gokal in 2017, Solana operates on the proof-of-history (PoH) consensus mechanism.
In the proof-of-stake (PoS) model, block verification is conducted by the machines of coin owners who stake their coins as collateral to validate blocks. During the inception of Solana, blockchain transaction speeds were notably sluggish, averaging around 15 transactions per second, whereas mainstream payment processors like Visa and Mastercard achieved nearly 65,000 transactions per second.
Yakovenko and Gokal aimed to develop a new blockchain capable of global-scale usage. Presently, Solana boasts an impressive transaction speed of approximately 65,000 transactions per second, establishing itself as the most widely utilized blockchain technology globally, which is attributed to its cost-effectiveness and rapid transaction capabilities.
Read more: How to buy Solana in India
Key Features of Solana:
- High Throughput: Solana is designed to process a large number of transactions per second, aiming to provide a scalable infrastructure for decentralized applications.
- Low Transaction Costs: The platform aims to keep transaction costs low, making it more feasible for users and developers to interact with the network.
- Proof of History (PoH): Solana’s PoH is a historical record that helps in establishing the order and timestamp of transactions before they are added to the blockchain. This contributes to the overall efficiency of the consensus mechanism.
- Proof of Stake (PoS): Solana uses a PoS consensus algorithm to secure the network. Validators are chosen to create new blocks and validate transactions based on the amount of crypto they hold and are willing to “stake” as collateral.
Read More: Solana vs Ethereum
Latest News on Solana Blockchain
VanEck has forecasted that Solana’s price could reach $520 by the end of 2025. This projection is based on the expected growth of Solana’s market share in the smart contract platform space and the rising M2 money supply. VanEck estimates that Solana’s share of the market could increase from 15% to 22%, driven by its strong developer activity and growing presence in decentralized exchanges and user engagement. If the forecast holds, Solana’s market cap could soar to $250 billion, leading to significant price appreciation.
What is Cardano?
Cardano, a decentralized proof-of-stake (PoS) blockchain platform, operates with the ADA token. Guided by a scientific philosophy and committed to research, Cardano uses PoS, where block verification involves machines owned by coin holders acting as collateral.
Developed by experts in cryptography and blockchain, Cardano focuses on sustainability, scalability, and transparency within its ecosystem. As an open-source initiative, it aims to create an inclusive infrastructure for global financial and social applications.
Utilizing the Haskell programming language for enhanced testing and correctness, Cardano plans to evolve into a smart contract platform, surpassing previous protocols and establishing itself as a stable and secure hub for enterprise-level decentralized applications (DApps).
Read more: How to buy Cardano in India
Key Features of Cardano
- Staking: ADA holders actively participate in Cardano’s staking mechanism and receive rewards in additional ADA tokens, ensuring network security and decentralization.
- Decentralized Applications (DApps): Developers build and deploy DApps on Cardano.DApps span various domains like finance, gaming, supply-chain management, and identity verification.
- Smart Contracts: Cardano serves as a platform for creating and executing smart contracts. ADA is used to pay for computational resources needed to run smart contracts.
- Governance: ADA holders actively participate in Cardano’s governance through ‘Project Catalyst.’ They propose and vote on protocol upgrades, improvements, and ecosystem changes.
- Cross-Chain Interoperability: Cardano plans to implement interoperability with other blockchains. ADA could facilitate transactions or interactions between different blockchain networks, enhancing overall connectivity.
Know More: Cardano vs Polkadot
Latest News on Cardano Blockchain
Swissquote, a prominent Swiss bank, has officially added Cardano (ADA) to its crypto asset offerings, enabling ADA transfers for its global client base of over 500,000 users. This move highlights the growing adoption of Cardano in traditional banking sectors. Swissquote’s decision underscores the increasing institutional interest in Cardano, which is known for its scalability, sustainability, and eco-friendly proof-of-stake (PoS) consensus model. The integration could boost ADA’s market liquidity, adoption, and bridge the gap between traditional finance and the crypto world.
Solana vs Cardano: Comparative Analysis
Crypto Name | Solana | Cardano |
Launch Date | 2020 | 2017 |
Founder | Anatoly Yakovenko | Charles Hoskinson |
Blockchain Protocol | Solana blockchain | Cardano blockchain |
Native Token | SOL | ADA |
Market Cap | $94.90 billion | $26.93 billion |
Token Type | Native | Native |
Circulating Supply | 488.07M million SOL | 35.20 billion ADA |
Max Supply | NA | 45 billion ADA |
Additional Read: Ethereum vs Solana vs Polygon
Technical Analysis: Solana Price vs Cardano Price

Solana vs Cardano | Source: TradingView
In the ongoing comparison between Solana (SOL) and Cardano (ADA), both altcoins are currently experiencing bearish trends. However, their recent price actions reveal notable differences in technical strength. Solana has demonstrated resilience despite recent market downturns. Currently trading at $204.77, SOL has shown a slight increase of 0.83% from the previous close. The intraday high reached $206.0, while the low was $199.54. The 50-day Exponential Moving Average (EMA) is positioned above the current price, indicating a bearish trend. However, the 200-day EMA is below the current price, suggesting potential support. For SOL to regain bullish momentum, it would need to reclaim the $173 level and target the $190-$200 range. This indicates a relatively stronger technical position compared to Cardano.
However, Cardano is currently trading at $0.7931, reflecting a 14.91% increase from the previous close. The intraday high was $0.808534, with a low of $0.690004. The 50-day EMA is above the current price, and the 200-day EMA is below, forming a bearish death cross. This pattern suggests a weaker technical position for ADA. The price struggles to stay above the critical $0.70 threshold, indicating potential challenges in maintaining upward momentum. While both tokens face bearish trends, Solana’s higher potential for recovery and stronger technical indicators suggest a more favourable outlook compared to Cardano.
Solana Price Prediction

SOL/USD | Source: TradingView
In early 2024, SOL briefly surpassed Binance Coin (BNB) to claim the third spot, excluding stablecoins. After recovering from the early 2022 bear market, SOL has closely tracked Bitcoin’s price movements.
As of February 2025, SOL is trading at $205.66, reflecting a 1.08% increase from the previous close. The intraday high reached $208.58, while the low was $199.54. The 50-day EMA is positioned above the current price, indicating a bearish trend. However, the 200-day EMA is below the current price, suggesting potential support.
For SOL to regain bullish momentum, it would need to reclaim the $173 level and target the $190-$200 range. This indicates a relatively stronger technical position compared to other crypto assets. While Solana has demonstrated substantial growth and has a positive outlook for 2025, it continues to face market volatility. Investors should monitor key support and resistance levels, as well as broader market trends, to make right decisions.
Cardano Price Prediction

ADA/USD | Source: TradingView
Amid the broader crypto market resurgence driven by Bitcoin’s record highs, Cardano’s ADA price has seen a modest recovery but remains below the critical $0.70 threshold after a late March correction. In November and December 2023, ADA price surged from below $0.30 to nearly $0.67. After stabilizing, it briefly exceeded $0.70 in March 2024 before retracing.
As of February 2025, Cardano (ADA) is trading at $0.795537, reflecting a 0.14603% increase from the previous close. The intraday high was $0.808534, with a low of $0.692495. The 50-day EMA is above the current price, and the 200-day EMA is below, forming a bearish death cross. This pattern suggests a weaker technical position for ADA.
While Cardano has faced recent bearish trends, its historical resilience and the current market dynamics suggest that ADA may have the potential for recovery. Investors should keep eye on key support and resistance levels, as well as broader market trends, to make right decisions.
Should You Buy Solana vs Cardano?
When considering Solana vs Cardano, it’s essential to examine their recent performance and technical indicators. Solana has experienced significant growth, with its price increasing by approximately 750% since October 2023, securing a spot among the top five crypto assets by market capitalization.
As of February 2025, SOL is trading at $205.66, demonstrating its resilience despite some recent bearish trends. For SOL to regain bullish momentum, it would need to reclaim the $173 level and target the $190-$200 range, indicating its strong potential for recovery. Conversely, Cardano, while it experienced a notable surge in late 2023, has struggled to maintain upward momentum.
As of February 2025, ADA is trading at $0.795537, and it remains below the critical $0.70 threshold. The formation of a bearish death cross and struggles to break past key resistance levels signal continued downward pressure. Despite these challenges, Cardano’s historical resilience and current market dynamics suggest it could still see a recovery.
Both tokens face significant support and resistance levels, but Solana’s higher potential for recovery positions it as relatively stronger. Investors should consider these factors, along with their own risk tolerance and investment strategies, when making decisions.
How to Invest in Solana and Cardano?
Investing in crypto is super simple, safe, and secure with the CoinDCX app. Whether you want to buy Solana or wish to trade Cardano’s price today; we have got you covered.
Here are the 4 simple steps to buy your first SOL or ADA with CoinDCX.
- Sign up on CoinDCX
- Complete your KYC
Related posts
Top 10 Crypto To Invest In April 2025 [By Market Cap]
Explore the list of the top cryptos to look out for in 2025.
Read more
Top 10 cheapest crypto tokens to Invest in 2025
Top 10 cheapest crypto tokens to Invest in 2025 Introduction…
Read more