When comparing Solar 2D (formerly Corona SDK) vs B4X, the Slant community recommends B4X for most people. In the question“What are the best Android app development frameworks?” B4X is ranked 1st while Solar 2D (formerly Corona SDK) is ranked 3rd. The most important reason people chose B4X is:
B4XUI custom views are designed, by Erel and other forum members, exactly with this in mind; custom views that act and feel exactly the same no matter what platform you target.
Specs
Ranked in these QuestionsQuestion Ranking
Pros
Pro Very simple to use

Pro Free
Corona SDK is completely free. That includes pro-tier plugins.
Pro Corona Simulator
Corona SDK ships with Corona Simulator, which runs your game/app directly on your PC/Mac and updates every time you make changes.
It provides immediate feedback to your actions, you can see your changes right on the screen, without necessity to make build to device. Getting instant feedback really boosts tenfold prototyping and development speed.

Pro Good documentation and lots of tutorials
Pro Content scaling
It's easy to create a game that looks good on many different sized mobile devices.
Pro Live builds - update builds running on a device automatically
With the live build feature, once you have created a build and installed on a device, you get lightning fast turnaround times because any change on the code or data is updated to the devices running the game (within the local WiFi) immediately. So changes can be tested on the real hardware within a very few seconds.
What's even more impressive, this even works flawless with multiple devices running the game. You have to use it to learn how good of a feature this is while development and even more, while doing QA. Imagine fixing bugs and everyone of your QA team/friends/whoever helps to get your game done, has all changes on his device without doing anything but waiting 5 seconds - outstanding.
Pro Lua syntax
Uses the great and easy-to-learn Lua programming language.
Pro Very comprehensive API
It's very quick to get things up and running with Corona SDK. The API is extensive and while it's not 100% feature-complete with the iOS API, it's close enough that you could create tons of games and never run into a roadblock.
The API docs can be found here.
Pro Amazing learning curve
Corona does not throw photoshop-like madness full of buttons editor. You can go as fast as you want, learning and building game from ground up. Eventually, you'll learn how much corona is doing for you. But to start you don't have to master complex editor software. It's a great tool to learn to start game development if you want to learn how to program and make games. Your experience will be 100% transferable to any other Pro game engine.

Pro Cross-platform desktop and mobile
Corona works on OS X, Windows and Android (including Kindle Fire & Nook).
Pro Marketplace for 3rd party plug-ins

Pro Great community

Pro Ability to call any native (C/C++/Obj-C/Java) library
Pro Completely free
Since Corona SDK became Solar2D, it's completely free, as only some third-party plugins are paid.
Pro Open Source
Since Corona SDK became Solar2D, it's completely open source under MIT license.

Pro Well supported
Pro Create easy, fast cross-platform views with less code
B4XUI custom views are designed, by Erel and other forum members, exactly with this in mind; custom views that act and feel exactly the same no matter what platform you target.
Pro Powerful general purpose programming tool
As mentioned in its website, "With B4X, anyone who wants to, can develop real-world solutions."
Pro A very active forum where you can find any issue you have, and quick answers to new ones
Pro A highly motivated program author who is very active in the forums
Erel Uziel is simply the most pro-active Soft-Creator/Forum Manager you will ever come across. If it has not yet been asked & answered, just ask and you will be answered withing minutes, and thanks to it being a trully international forum, this is achieved 24h/7d.
Pro Very easy to use and powerful for IoT
Support for Bluetooth/BLE, MQTT, TCP/UDP, Serial, NFC, Websockets, HTTP/2 across platforms makes it the ideal tool for IoT projects.
Pro Live code swapping
A huge productivity boost when you can run your apps on the devices and make code changes real time without needing to recompile.
Pro No complexities compared with other tools
No need to learn JAVA, C+, PHP, or any other complementary languages in order to achieve exactly what you need.
Pro The best all round
Produces highly optimised end results. Easy to use and quick to learn. When you know how to produce an Android app you near enough know how to produce an IOS app.
The fact that there are subtle differences between writing for different platforms is a huge plus - those differences help optimise your code and they're really not difficult to wrap your head round.
Pro Erel has much passion for his tool
The speed of answer topics is amazing.
Pro Many informative video tutorials
The tutorials help beginners as well as more experienced programmers grasping important concepts.
Pro Many code examples of fully working apps for free
The Forum is filled with many code examples of fully working apps for free. Code snippets, animation, different type of views etc. can be easily downloaded and used in your own app.
Pro Large user community
Over the years it has built up a very active user community that is very involved in the evolution of B4X. In their forums you can find any answer to your questions, and if it is not there, they will answer you.
Pro RAD
VERY Rapid Application Development, with tons of pro features.
Pro Tightly integrated framework
Pro Almost everything is free and complete
Except the IDE for iOS. Even so it's very cheap.
Cons
Con Free, but not completely
Con Making a device build requires internet connection
To build your app for the device (iOS/Android/AppleTV) Corona requires to fetch resources from online. This would include base application template and plugins. This allows not to perform local build or use Xcode or Android Studio to do a build. Even Large games/apps would build very fast with good internet connection.
Your code never leaves computed. Corona SDK would transfer some information to determine which plugins and pieces has to be transferred in order to make a final steps in build.
As a bonus - you get basically one button press to get from your Corona Simulator game to game on a device.
Con Java-dependent Desktop Development
Con Only for Windows
The IDE, while very handy, only runs on Windows. If you want to code on Mac or Linux, you have to install it on a virtual machine. But you can debug your app by running it on the target OS.
Con The documentation and examples and tutorials are not up to date
The documentation and examples and tutorials are not up to date.
Con For BASIC language lovers
Lots of people are not fans of BASIC-like languages. Enjoyment of B4X, may depend on having a background or affinity for BASIC.
Con Can still need deep knowledge of Java
Attempts to provide BASIC-like language that is more comfortable for a certain demographic of users, but various circumstances will still require knowledge of Java. "No free lunch".
Con Lack of B4W real Web app
Erel needs to make a real Web app designer.
