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10 Best Solana Alternatives Tokens with Minimal KYC

Nick Jonesh
Last updated: 11/06/2025 12:43 AM
Nick Jonesh
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10 Best Solana Alternatives Tokens with Minimal KYC
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In this article, i will discuss the Best Solana Alternatives Tokens. A lot of people want blockchains that are speedy, easy to grow, and tough on security.

Several new coins now stand up to Solana and are drawing attention. Many of them promise better scalability, easier cross-chain moves, and wallet-friendly fees. That mix makes the newcomers worth a second look for both builders and everyday users.

Key Point & Best Solana Alternatives Tokens List

CryptocurrencyKey Point
Polygon (MATIC)Ethereum Layer 2 scaling solution that enhances speed and reduces transaction fees.
Avalanche (AVAX)High-performance blockchain with customizable subnets for DeFi and enterprise use cases.
Near Protocol (NEAR)Scalable, developer-friendly blockchain using sharding to improve throughput and lower costs.
Injective (INJ)Decentralized derivatives exchange protocol supporting cross-chain DeFi trading.
Optimism (OP)Ethereum Layer 2 scaling platform using optimistic rollups for faster and cheaper transactions.
Toncoin (TON)Fast, scalable blockchain originally developed by Telegram for decentralized applications.
Cardano (ADA)Proof-of-stake blockchain focused on security, sustainability, and academic research backing.
Cosmos (ATOM)Interoperability-focused blockchain enabling communication between independent chains.
Ripple (XRP)Payment protocol designed for fast, low-cost international money transfers for financial firms.
Algorand (ALGO)Pure proof-of-stake blockchain offering high-speed transactions with immediate finality.

1.Polygon (MATIC)

Polygon (MATIC) often pops up in conversations about solid Solana substitutes, and for good reason. The projects Layer 2 framework neatly ratchets up Ethereums transaction speeds without muffling its security.

Polygon (MATIC)

Slashing gas fees while tacking on extra throughput has real-world appeal, whether youre minting an NFT, funding a DeFi pool, or leveling up in a web-game. A healthy, busy developer tribe keeps shipping fresh tools, so connecting existing Ethereum apps feels almost automatic. All of this lets users grab the benefits of fast processing while still trusting the networks decentralization.

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FeatureDetails
TokenPolygon (MATIC)
Blockchain TypeLayer 2 scaling solution for Ethereum
Transaction SpeedHigh throughput with fast confirmation times
Transaction FeesVery low compared to Ethereum mainnet
KYC RequirementMinimal to none on decentralized platforms using Polygon network
Use CasesDeFi, NFTs, gaming, decentralized apps
InteroperabilityFully compatible with Ethereum tools and wallets
Security ModelSecured by Ethereum’s base layer
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2.Avalanche (AVAX)

Avalanche (AVAX) has become a favorite among developers who want a quick alternative token to Solana. The platform settles transactions in the blink of an eye and still handles a huge volume with very little delay. Avalanche doesnt stop there; its one-of-a-kind consensus lets thousands of deals stack up each second without giving up safety.

Avalanche (AVAX)

Another standout feature is the subnet system, which lets programmers spin up custom blockchains aimed at niche needs. This mix of breakneck speed, outsized capacity, and total flexibility marks AVAX as a fresh contender for anyone building next-generation dapps.

FeatureDetails
TokenAvalanche (AVAX)
Blockchain TypeHigh-performance, customizable subnet-enabled blockchain
Transaction SpeedThousands of transactions per second with low latency
Transaction FeesLow fees compared to many other blockchains
KYC RequirementMinimal or none on decentralized apps using Avalanche network
Use CasesDeFi, NFTs, enterprise solutions
InteroperabilitySupports cross-chain compatibility via Avalanche Bridge
Security ModelDelegated proof-of-stake consensus

3.Near Protocol (NEAR)

Near Protocol first popped up in conversations as the go-to alternative to Solana, especially for teams that worry more about code than curves. Developers love its hands-on dashboard, and casual users appreciate how it rarely throws wallet jargon at them.

Near Protocol (NEAR)

Nightshade is the headline feature; it slices the blockchain into tidy shards so transactions whisk by for pennies on the dollar. Between that low-cost speed, a no-nonsense onboarding, and the constant battle for biggest ecosystem bragging rights, NEAR keeps Solana crowds looking over their shoulders.

FeatureDetails
TokenNear Protocol (NEAR)
Blockchain TypeSharded Layer 1 blockchain
Transaction SpeedHigh throughput with fast finality
Transaction FeesLow and predictable fees
KYC RequirementMinimal or none on decentralized apps built on NEAR
Use CasesDeFi, NFTs, gaming, and scalable dApps
InteroperabilityCross-chain bridges enable multi-blockchain use
Security ModelProof-of-stake consensus

4.Injective (INJ)

Injective (INJ) stands out in the crypto crowd by zeroing in on decentralized derivatives trading. The project lives on Solana-inspired rails yet sails away from its rival in a few big ways. Gas bills disappear on Injective, and most trades settle in the blink of an eye.

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Injective (INJ)

That frictionless experience draws in users who hate waiting. Because Injective talks easily with other chains, liquidity can hop around instead of getting stuck.

That openness keeps markets full and no one feels boxed in. The tech mixes lean layer-2 scaling with a live decentralized order book. Money pros looking for vanilla futures and more exotic contracts wind up calling it home.

FeatureDetails
TokenInjective (INJ)
Blockchain TypeLayer 2 decentralized exchange protocol
Transaction SpeedFast transaction finality with zero gas fees
Transaction FeesNo gas fees on the Injective Layer 2
KYC RequirementMinimal or none for trading on Injective decentralized platform
Use CasesDecentralized derivatives trading, DeFi applications
InteroperabilityCross-chain compatibility with multiple blockchains
Security ModelLayer 2 with Ethereum-based security

5.Optimism (OP)

Optimism (often called OP) sits near the top of the list when folks talk about Solana alternatives. Its an Ethereum Layer 2 solution that leans on optimistic rollups to keep things speedy and cheap. By bundling transactions off-chain and then posting a single proof back to Ethereum, the network slices gas bills by more than half in most real-world cases.

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Optimism (OP)

Conventional Ether apps slide over to Optimism with almost zero rewrites, so devs can upgrade performance without messing with their trust model. All that makes OP a dependable choice whenever rapid growth meets the need for solid security.

FeatureDetails
TokenOptimism (OP)
Blockchain TypeEthereum Layer 2 using optimistic rollups
Transaction SpeedFast transactions with low latency
Transaction FeesSignificantly lower than Ethereum mainnet
KYC RequirementMinimal or none on dApps operating on Optimism
Use CasesDeFi, NFT platforms, scalable Ethereum dApps
InteroperabilityFully compatible with Ethereum ecosystem
Security ModelInherits Ethereum’s security via Layer 1 anchoring

6.Toncoin (TON)

Toncoin (TON) often pops up in conversations as the speedster that some folks now call a worthy Solana alternative. Originally sketched out by the team behind Telegram, the chain spreads its load across several block-layers at once, so transactions hit your wallet almost before you blink.

Toncoin (TON)

Developers love it because the toolkit meshes smoothly with chat apps, letting them build user-friendly dapps without extra hassle. Thanks to a fresh consensus trick and a lightweight code base, fees stay loose change, and the network can flex without breaking.

FeatureDetails
TokenToncoin (TON)
Blockchain TypeLayer 1 multi-chain blockchain developed from Telegram
Transaction SpeedHigh throughput with fast confirmation
Transaction FeesVery low and scalable
KYC RequirementMinimal or none for dApps and wallets using TON
Use CasesPayments, DeFi, dApps, Telegram integration
InteroperabilityDesigned for integration across platforms and services
Security ModelProof-of-stake with validator-based consensus

7.Cardano (ADA)

Cardano (ADA) often pops up as the go-to backup plan when traders ask about solid alternatives to Solana. The coins entire vibe leans hard on research, safety, and keeping its energy footprint light. At the core is Ouroboros, a proof-of-stake engine that scales nicely without shoving decentralization out the door.

Cardano (ADA)

Developers waste no time here; every smart-contract tweak gets the formal-verification stamp and slips through peer reviews. Cardano also stacks its code in layers, splitting raw computations from settlement chores, and that clean divide gives performance an extra boost. Long story short, anyone eyeing a durable blockchain that still feels speedy can keep Cardano comfortably in the shortlist.

FeatureDetails
TokenCardano (ADA)
Blockchain TypeLayer 1 proof-of-stake blockchain
Transaction SpeedModerate, improving with Hydra scaling
Transaction FeesLow and predictable
KYC RequirementMinimal or none for most Cardano-based dApps
Use CasesSmart contracts, DeFi, identity, and governance tools
InteroperabilityGrowing support via sidechains and bridges
Security ModelOuroboros PoS protocol with peer-reviewed architecture

8.Cosmos (ATOM)

Cosmos (ATOM) has carved out a name for itself as a top alternative to Solana by emphasizing the idea of blockchains talking to each other.

Cosmos (ATOM)

Its Tendermint consensus engine processes transactions in a flash and keeps them secure at the same time. With the Inter-Blockchain Communication, or IBC, protocol built in, separate blockchains can swap data and tokens as easily as sending an instant message.

That design trades Solanas solo skyscraper for an entire Internet of Blockchains, giving developers the freedom to spin up custom, expandable networks that still play nice together. Because of that upside, many creators see Cosmos as a flexible, cross-chain rival to Solanas speedy ledger.

FeatureDetails
TokenCosmos (ATOM)
Blockchain TypeLayer 1 interoperable blockchain with modular architecture
Transaction SpeedFast finality with low-latency consensus
Transaction FeesLow and flexible depending on network load
KYC RequirementMinimal or none for Cosmos-based decentralized apps
Use CasesCross-chain DeFi, interoperability, sovereign chains
InteroperabilityBuilt-in IBC protocol for multi-chain communication
Security ModelTendermint BFT consensus

9.Ripple (XRP)

Ripple, often labeled XRP on exchanges, shoots transactions around the globe faster than you can clear a text notification. The coin trades on a lean consensus engine that nails down confirmation in seconds and rarely dips below a penny in cost. Ripple barely flirts with DeFi in the way Solana does; its sweet spot is knocking down the paperwork hurdles banks face when money hops countries.

Ripple (XRP)

Because major payment processors already wear Ripple stickers and the project keeps inching toward regulatory green lights, many observers peg XRP as the go-to Solana alternative for real-world settlement walls.

FeatureDetails
TokenRipple (XRP)
Blockchain TypeLayer 1 payment-focused blockchain
Transaction Speed3–5 seconds per transaction
Transaction FeesExtremely low (fractions of a cent)
KYC RequirementMinimal or none for individual users via decentralized wallets
Use CasesCross-border payments, liquidity solutions, remittances
InteroperabilitySupports bridging with other networks through XRPL tools
Security ModelUnique consensus protocol (Ripple Protocol Consensus Algorithm)

10.Algorand (ALGO

Algorand (ALGO) is often mentioned alongside Solana because it moves money around just as quickly but runs on a pure proof-of-stake engine that chews up almost no power at all. The moment a transaction gets a green light, it is carved in stone-instantly-no waiting around to see if it will stick.

Algorand (ALGO

Techies like the fact that the backbone consensus layer sits apart from the smart contract stage, so upgrades slide in without breaking anything. Developers appreciate the tiny fees, and eco-minded users feel a whole lot better knowing the chain leaves almost no carbon footprint behind.

FeatureDetails
TokenAlgorand (ALGO)
Blockchain TypeLayer 1 pure proof-of-stake blockchain
Transaction SpeedFinality in ~4.5 seconds
Transaction FeesVery low and fixed
KYC RequirementMinimal or none when using decentralized Algorand dApps
Use CasesDeFi, payments, NFTs, government and enterprise projects
InteroperabilitySupports cross-chain bridges and Layer 2 solutions
Security ModelPure PoS with cryptographic sortition

Conclusion

To wrap things up, several Solana-style tokens are tackling the usual headaches of speed, security, and real-world use. Each project steps in with a fresh fix, so developers don’t have to settle for one-size-fits-all chains.

Polygon leans into Layer 2 roll-ups, Avalanche toys with a whole forest of subnets, and Near Protocol splits its data like a well-run bakery slicing loaves.

Over in the interoperability camp, Cosmos hooks separate chains together like USB ports, while Cardano and Algorand flaunt their eco-friendly designs and academic-grade security proof-books. Pick your favorite, because plenty of solid options now sit on the table for anyone who thinks Solana isn’t the only game in town.

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ByNick Jonesh
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Nick Jonesh Is a writer with 12+ years of experience in the cryptocurrency and financial sectors. He writes for the coinroop on the same topic of cryptocurrency, including technical stuff for IT folks and practical guides about everything else for the real world. Nick's clear writing is a direct response to the new, crypto financial landscape.
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