Solana vs. Ethereum Salary Comparison - Mar 2024

Why are Solana developers getting paid 0% more compared to Ethereum developers?

Published:
Last updated:


Ethereum and Solana are two popular platforms for building decentralized applications (DApps). Both platforms have their own unique features and are popular among developers for creating DApps. In this article, we will compare the salaries of Ethereum and Solana developers and discuss some of the factors that may influence their salaries.

Ethereum is the world's largest decentralized platform for building DApps and is based on the Solidity programming language. It was created in 2015 by Vitalik Buterin and has since become the go-to platform for building decentralized applications. Ethereum developers are in high demand due to the popularity of the platform and the increasing adoption of blockchain technology.

Solana is a fast, scalable, and secure blockchain platform for building DApps. It was founded in 2017 by Anatoly Yakovenko and has quickly gained popularity among developers for its high transaction speeds and low fees. Solana developers are also in high demand due to the growing popularity of the platform and the increasing adoption of blockchain technology.

There are several factors that can influence the salaries of Ethereum and Solana developers. These include the demand for developers with specific skills, the location of the job, the size and reputation of the company, and the level of experience of the developer. Developers with advanced skills in Solidity or Rust may command higher salaries than those with less specialized skills. Similarly, developers working for large, well-known companies may have higher salaries than those working for smaller firms.

Salaries for blockchain developers, particularly those working on the Solana and Ethereum chains, have been on the rise in recent years. This trend is largely due to the increasing demand for skilled developers in the rapidly growing web3 industry.

The average salary for a Solana developer is $108k per year. This is significantly higher than the average salary for an Ethereum developer, which is $108k per year.

Solana vs Ethereum salary by job role

Solana Mobile Developer has the highest average salary $220k per year, with a minimum base salary of $154k and a maximum of $250k.

Ethereum Accounting has the lowest average salary $99k per year, with a minimum base salary of $50k and a maximum of $220k.



Position Ethereum Salary Solana Salary Difference

Mobile Developer

$116k

$220k

+89.2%

Blockchain Developer

$145k

$150k

+3.4%

React Developer

$140k

$150k

+7.1%

Sales

$120k

$140k

+16.7%

JavaScript

$130k

$140k

+7.7%

Full Stack Developer

$125k

$140k

+12.0%

Rust Developer

$142k

$140k

-1.4%

Finance

$147k

$135k

-8.2%

Designer

$130k

$130k

-0.4%

Front End Developer

$144k

$130k

-10.0%

DevOps

$127k

$130k

+2.0%

QA Engineer

$110k

$125k

+13.6%

Smart Contract Developer

$125k

$120k

-4.0%

Marketing Specialist

$120k

$107k

-10.4%

Java Developer

$132k

$90k

-32.1%

Accounting

$99k

$87k

-11.6%

A Solana developer should have strong skills in programming, particularly in languages such as Rust which are commonly used in the Solana ecosystem. They should also have a solid understanding of network protocols. Rust language has a steeper learning curve.

The salaries can vary depending on a number of factors such as experience, location, and specific job role, so let's look closely at each of these cohorts.


Ethereum has 4 times more jobs compared to Solana

Ethereum is a more established and widely-used platform, which means that there may be more opportunities for developers who are skilled in building on this platform. Additionally, the development of Ethereum 2.0 and the growth of DeFi and NFTs have likely increased the demand for Ethereum developers. There are alsmost 4 times more Ethereum jobs available on the market compared to Solana jobs in 2022.

In contrast, Solana is a relatively new web3 platform, so there are fewer job opportunities available for developers who are skilled in building on this platform.

Ethereum Jobs Solana Jobs

4,586

1,272

How many Solana And Ethereum Jobs are there?

Check how many new Solana and Ethereum jobs are posted per month in Dec 2021 - Mar 2024:

Month Ethereum Jobs Solana Jobs Coefficient

Dec 2021

290

74

3.9x

Jan 2022

181

93

1.9x

Feb 2022

257

60

4.3x

Mar 2022

243

89

2.7x

Apr 2022

197

59

3.3x

May 2022

206

75

2.7x

Jun 2022

159

67

2.4x

Jul 2022

87

57

1.5x

Aug 2022

121

85

1.4x

Sep 2022

161

68

2.4x

Oct 2022

170

47

3.6x

Nov 2022

149

40

3.7x

Dec 2022

104

17

6.1x

Jan 2023

100

22

4.5x

Feb 2023

146

30

4.9x

Mar 2023

237

56

4.2x

Apr 2023

122

16

7.6x

May 2023

159

33

4.8x

Jun 2023

79

9

8.8x

Jul 2023

133

33

4.0x

Aug 2023

120

47

2.6x

Sep 2023

88

10

8.8x

Oct 2023

85

11

7.7x

Nov 2023

116

12

9.7x

Dec 2023

74

24

3.1x

Jan 2024

101

43

2.3x

Feb 2024

145

40

3.6x

Mar 2024

74

20

3.7x


Solana vs Ethereum salary by seniority

Solana Executive Developer has the highest average salary $200k per year, with a minimum base salary of $120k and a maximum of $300k.

Solana Executive Developer has the highest average salary $200k per year, with a minimum base salary of $120k and a maximum of $300k.



Position Ethereum Salary Solana Salary Difference

Executive

$175k

$200k

+14.0%

Senior

$160k

$180k

+12.5%

Lead

$170k

$155k

-8.8%

Cto

$158k

$120k

-24.1%

Solana vs Ethereum salary by location

Solana Developer in Remote has the highest average salary $160k per year, with a minimum base salary of $80k and a maximum of $250k.

Ethereum Developer in Europe has the lowest average salary $79k per year, with a minimum base salary of $50k and a maximum of $158k.



Position Ethereum Salary Solana Salary Difference

Remote

$123k

$160k

+29.6%

North America

$160k

$150k

-6.3%

Asia

$80k

$72k

-9.4%

Europe

$79k

$67k

-15.1%


Conclusion


Overall, the higher salary of Solana developers compared to Ethereum developers can be attributed to the greater demand, complexity, and specialized skills required to work on the Solana platform.

As the use of blockchain technology continues to grow, it is likely that the demand for Solana developers will remain strong, leading to even higher salaries in the future.

Feel free to use this analysis for a blog post. But please include a "dofollow" link back to web3.career

Latest Ethereum and Solana jobs with salaries

Job Position and Company Location Tags Posted Apply

Remote

Apply
New York, United States
Apply
New York, United States
Apply
Los Angeles, CA, United States
Apply
San Francisco, CA, United States
Apply
New York, United States
Apply
Remote
Apply

Remote

Apply
United States
Apply
Remote
Apply
New York, United States
Apply
New York, United States
Apply
Remote
Apply
Remote
Apply
San Francisco, CA, United States
Apply
Remote
Apply
Remote
Apply
Remote
Apply
United States
Apply

Remote

Apply
New York, United States
Apply
Seattle, WA, United States
Apply
New York, United States
Apply
New York, United States
Apply

Grand Cayman

Apply