Traceloop vs New Relic: Which Should You Choose in 2026?
Choosing between Traceloop and New Relic comes down to understanding what each tool does best. This comparison breaks down the key differences so you can make an informed decision based on your specific needs, not marketing claims.
By Toolradar Team · Last updated February 22, 2026 · Methodology
Short on time? Here's the quick answer
We've tested both tools. Here's who should pick what:
Traceloop
Accelerate LLM application development with continuous evaluation and monitoring.
Best for you if:
- • You need real-time analytics features specifically
- • Provides continuous evaluation and monitoring for LLM applications.
- • Offers instant visibility into LLM performance and quality with built-in and custom metrics.
New Relic
Observability made simple
Best for you if:
- • You want the higher-rated option (8.7/10 vs 0.0/10)
- • You need data visualization features specifically
- • Full-stack observability platform with APM, infrastructure monitoring, and logs
- • Generous free tier: 100GB/month data ingest + 1 full-access user
| At a Glance |  Traceloop | |
|---|---|---|
Price | Free + Paid | Free + Paid |
Best For | Real-Time Analytics | Data Visualization |
Rating | —/100 | 87/100 |
| Feature | Traceloop | New Relic |
|---|---|---|
| Pricing Model | Freemium | Freemium |
| Editorial Score | — | 87 |
| Community Rating | No ratings yet | No ratings yet |
| Total Reviews | 0 | 0 |
| Community Upvotes | 0 | 0 |
| Categories | Real-Time AnalyticsMonitoring | Data VisualizationMonitoring |
How Traceloop and New Relic Compare
Traceloop
Accelerate LLM application development with continuous evaluation and monitoring.
Free tier available
New Relic
Observability made simple
Free tier available · 87/100 score
Traceloop is a real-time analytics tool. New Relic is in data visualization.
Who Should Use What?
On a budget?
Both are freemium. Compare plans on their websites.
Go with: Traceloop
Want the highest-rated option?
New Relic scores 87/100. Traceloop is unrated.
Go with: New Relic
Value user reviews?
Neither has user reviews yet.
Go with: New Relic
3 Questions to Help You Decide
What's your budget?
Both are freemium. Pricing won't help you decide here.
What's your use case?
Traceloop is a real-time analytics tool. New Relic is in data visualization. Pick the category that matches your needs.
How important are ratings?
Not all tools have been rated yet.
Key Takeaways
New Relic
- Higher score: 87/100 vs unrated
- Free tier available
- Our pick for this comparison
Traceloop
- Better fit for real-time analytics
The Bottom Line
New Relic (87/100) is our pick.
Frequently Asked Questions
Is Traceloop or New Relic better?
New Relic scores 87/100 in our evaluation. Both are freemium.
What are Traceloop and New Relic used for?
Traceloop: Accelerate LLM application development with continuous evaluation and monitoring.. New Relic: Observability made simple.
What does Traceloop cost vs New Relic?
Traceloop is freemium (free tier + paid plans). New Relic is freemium (free tier + paid plans). Visit their websites for detailed pricing.