Should I buy Algorand or Solana?

Solana, another player in the blockchain space, boasts an even more impressive theoretical TPS of 65,000. This number highlights Solana's ambition to become a high-speed, scalable platform capable of handling vast numbers of transactions.

Algorand's PPoS consensus mechanism is a noteworthy innovation in the blockchain space, boasting a theoretical throughput capacity of almost 10,000 transactions per second (TPS). This feature positions it as a potentially high-performing platform for handling a vast array of transactions efficiently.

Despite its impressive theoretical limits, the practical performance of Algorand often falls short of this maximum. In real-world scenarios, its throughput rarely surpasses 5,000 TPS, indicating that while it's capable of handling significant volumes, it may not fully utilize its theoretical potential under certain conditions.

The block time on Algorand's network is another crucial aspect of its performance. Measured at approximately 2.85 seconds, this speed facilitates quick transaction processing and helps maintain the network's overall efficiency. However, it's important to consider how this compares to other blockchain platforms.

While Solana's theoretical limits are remarkable, its actual performance to date has not quite matched expectations. The platform has recorded a maximum of 7,229 TPS, a significant achievement but still well below its theoretical potential. This suggests that while Solana is capable of handling significant volumes, there may be room for improvement in terms of optimizing its performance.