Koinly vs XRAY

Overview

Koinly Koinly is a crypto tax reporting and portfolio management platform that supports Solana wallet imports, SPL token tracking, and DeFi activity categorization. It automatically calculates capital gains,... XRAY XRAY is a human-readable Solana transaction explorer built by Helius that turns complex raw transactions into clear summaries. It answers "what actually happened?" without manual instruction decoding....

Community Ratings

XRAY is rated higher by the MadeOnSol community with 5.0/5 stars across 1 review, compared to 4.5/5 for Koinly (4 reviews). That said, ratings only tell part of the story — what matters most is which tool fits your specific workflow.

Pricing & Value

Koinly uses a freemium model, while XRAY is free. XRAY has the edge for budget-conscious users, though Koinly's paid tier may offer features worth paying for.

Key Features

Koinly offers 5 features including Automatic Solana wallet import and transaction categorization, Capital gains/loss calculation for SOL and SPL tokens, DeFi, staking, and airdrop income tracking, and 2 more. XRAY counters with 5 features including Human-readable Solana transaction explorer, Parses raw transactions into plain summaries, Shows swaps, transfers, NFT mints, and DeFi actions, and 2 more. The right choice depends on which specific features matter for your use case — check the individual review pages for full breakdowns.

Reliability & Health

We monitor both tools around the clock for uptime, SSL validity, and response times. Koinly currently has a healthy health status with 100.0% uptime over the last 30 days. XRAY is rated healthy with 100.0% uptime. For any tool you trust with your funds, trades, or yield, uptime and speed are non-negotiable.

Strengths

Koinly's key strengths include most comprehensive solana defi tax coverage available, automatic transaction matching reduces manual work, multi-country tax report generation from one platform. XRAY stands out for makes complex transactions easy to understand, backed by helius's parsing infrastructure, useful for both traders and developers.