Getting Started with Solana
Transaction Fees on Solana
Understand Solana's extremely low transaction fees and how they differ from other blockchains.
1. What Are Transaction Fees?
Transaction fees are the costs associated with processing and confirming transactions on a blockchain. These fees are paid to validators (or miners) for their work in securing the network and processing transactions.
2. Transaction Fees on Solana
Solana's fees are typically a fraction of a cent per transaction. This is one of the key advantages over chains where fees can spike significantly during congestion.
3. Why Are Solana's Fees So Low?
High throughput, parallel execution, and efficient networking—combined with Proof of History (PoH) and Proof of Stake (PoS)—allow Solana to keep costs low while maintaining fast finality.
4. Comparing Solana Fees with Other Blockchains
Compared with Ethereum mainnet or Bitcoin, Solana fees are far lower and more stable. On Ethereum, gas fluctuates with demand (rollups help); Solana tends to remain low even during peak usage.
What's Next?
Ready to go deeper? Continue with our next module, Investing and Trading in Cryptocurrency, where you'll learn portfolio basics, order types, risk management, and more.
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