Solana vs. Ethereum Salary Comparison - Dec 2023

Why are Solana developers getting paid -2% more compared to Ethereum developers?

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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 $105k 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 Java Developer has the lowest average salary $180k per year, with a minimum base salary of $90k and a maximum of $310k.



Position Ethereum Salary Solana Salary Difference

Mobile Developer

$123k

$220k

+78.9%

React Developer

$140k

$145k

+3.6%

Sales

$116k

$140k

+20.2%

JavaScript

$130k

$140k

+7.7%

Blockchain Developer

$150k

$140k

-6.7%

Full Stack Developer

$140k

$140k

0.0%

Designer

$125k

$130k

+4.0%

Front End Developer

$144k

$130k

-10.0%

QA Engineer

$110k

$125k

+13.6%

Marketing Specialist

$122k

$120k

-1.6%

Rust Developer

$140k

$120k

-14.3%

Smart Contract Developer

$126k

$120k

-4.8%

DevOps

$120k

$110k

-8.3%

Java Developer

$180k

$90k

-50.0%

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 - Dec 2023:

Month Ethereum Jobs Solana Jobs Coefficient

Dec 2021

307

74

4.1x

Jan 2022

226

94

2.4x

Feb 2022

274

61

4.5x

Mar 2022

253

91

2.8x

Apr 2022

230

60

3.8x

May 2022

219

75

2.9x

Jun 2022

185

67

2.8x

Jul 2022

108

57

1.9x

Aug 2022

131

85

1.5x

Sep 2022

179

69

2.6x

Oct 2022

181

47

3.9x

Nov 2022

157

41

3.8x

Dec 2022

116

17

6.8x

Jan 2023

103

22

4.7x

Feb 2023

157

30

5.2x

Mar 2023

289

56

5.2x

Apr 2023

129

16

8.1x

May 2023

167

33

5.1x

Jun 2023

83

10

8.3x

Jul 2023

144

35

4.1x

Aug 2023

129

47

2.7x

Sep 2023

93

12

7.8x

Oct 2023

94

11

8.5x

Nov 2023

125

12

10.4x

Dec 2023

20

5

4.0x


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 $305k.

Solana Executive Developer has the highest average salary $200k per year, with a minimum base salary of $120k and a maximum of $305k.



Position Ethereum Salary Solana Salary Difference

Executive

$180k

$200k

+11.1%

Senior

$160k

$150k

-5.9%

Lead

$165k

$150k

-9.1%

Cto

$139k

$120k

-13.7%

Solana vs Ethereum salary by location

Solana Developer in Remote has the highest average salary $167k 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

$125k

$167k

+34.0%

North America

$160k

$145k

-9.4%

Asia

$80k

$80k

0.0%

Europe

$79k

$62k

-21.0%


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.

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