Compare Solana (SOL) vs Terra Classic (LUNC)

Solana blockchain is created to solve the problems with Ethereum Blockchain Network. Solana offers faster transactions at a very low cost. Solana Blockchain supports smart contracts, NFTs and Dapps. Solana is one of the fastest blockchains the fastest-growing ecosystem. The main difference between Solana and Ethereum is their consensus mechanisms. Solana is criticized for trading off security for scalability.

Luna is the native coin of Terra Blockchain. Terra is a blockchain protocol that is mainly used for fiat-pegged cryptocurrencies. Even though Luna is relatively new, Luna has made great progress and passed Avalanche and Polkadot in terms of TVL since its launch. UST is a USD stablecoin created on Terra blockchain and it is widely used as an Algorithmic stablecoin that doesn't require collateral. Price is kept stable by an algorithm.