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  1. Home
  2. Cryptocurrencies
  3. Solana
  4. Vs
  5. Tether

Solana (SOL) vs Tether (USDT)

Learn how Solana and Tether differ in their key features, market performance, and community adoption, so you can decide which cryptocurrency is best for your investment strategy.

$64.54
#7
Solana is a distributed and programmable layer 1 blockchain, part of the trend of "Ethereum Killers," which are competitors of Ethereum looking to replace it. Solana's unique design (notably through the Proof of History consensus) allows it to be optimized for scalability, with an exceptional (and theoretical) execution capacity of 60,000 transactions per second and extremely low fees. SOL is the native cryptocurrency of the Solana network, used to pay transaction fees, reward validators, and contribute to the governance of the project.
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$0.9997
#3
USDT, or Tether, is a stablecoin, meaning it is a stable cryptocurrency aimed at maintaining a fixed value relative to the US dollar (USD). Launched in 2014 by Tether Limited, USDT is designed to offer the stability of a fiat currency while allowing for the speed and flexibility of transactions on blockchains. Each USDT is supposed to be backed by an equivalent reserve in dollars or equivalent assets, which helps maintain its parity with the dollar.
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Key Metrics Comparison

SolanaSOL
Market Cap
$37.348B
24h Volume
$6.979B
Liquidity Ratio
18.69%
24h Change
-5.78%
7d Change
-21.08%
Circulating Supply
578,559,419.954
Max Supply
N/A
All-Time High
$293
TetherUSDT
Market Cap
$187.466B
24h Volume
$121.926B
Liquidity Ratio
65.04%
24h Change
+0.08%
7d Change
+0.09%
Circulating Supply
187,529,700,104.606
Max Supply
N/A
All-Time High
$1

Category Performance

Visual comparison across key categories. Ring fill represents relative strength or share between the two cryptocurrencies.

Market Share

Share of combined market cap

Market Share
SOL
16.6%
USDT
83.4%

Volume Share

Share of combined 24h volume

Volume Share
SOL
5.4%
USDT
94.6%

24h Performance

Price change over last 24 hours

24h Performance
SOL
-5.78%
USDT
0.08%

7d Performance

Price change over last 7 days

7d Performance
SOL
-21.08%
USDT
0.09%

Proximity to ATH

How close to all-time high (closer is better)

Proximity to ATH
SOL
-78.0%
USDT
-24.3%

Liquidity Ratio

Volume to market cap ratio (higher = more liquid)

Liquidity Ratio
SOL
18.69%
USDT
65.04%