Solana stands out as one of the most cost-efficient and high-performing cryptocurrency networks available today. On the Solana network, a single transaction typically costs around $0.002796 (0.000015 SOL).
When Solana launched in 2020, it operated with a fixed transaction fee model, where the gas fee per transaction was just 0.000005 SOL. However, this changed in 2022 with the introduction of an optional additional fee, designed to prioritize specific transactions for an extra cost, and again in 2025 with the introduction of Jito tips, which serve a similar function to the optional fee.
In this article, we’ll explore everything you need to know about Solana gas fees, including how additional fees function, transaction statistics, and more.
Key Highlights
- Solana offers some of the cheapest transaction fees in the cryptocurrency market, typically costing between $0.000933 and $0.2798.
- An optional priority fee constitutes around 93% of all fees on the network, paid for faster transaction processing.
- Solana burns 50% of all transaction fees, with the rest distributed to validators.
- Despite challenges, Solana's low gas fees and high transaction capacity (65,000 TPS) position it as a strong competitor in the blockchain industry.
Understanding Solana Gas Fees
Regular vs. Additional Fees
- Regular Fee: The base cost for transactions, averaging $0.00093 (0.000005 SOL).
- Priority Fee: An optional boost for faster processing, averaging $0.002618 (0.000014 SOL).
How Priority Fees Work
“The prioritization fee is calculated by multiplying the requested maximum compute units by the compute-unit price (specified in increments of 0.000001 lamports per compute unit) rounded up to the nearest lamport.”
Note: A lamport equals 0.000000001 SOL.
Solana Gas Fee and Transaction Statistics
- Daily Fees: ~40,000 SOL in total fees, with 36,800 SOL attributed to priority fees (~91–95% of total fees).
- Fee Burning: 50% of fees are burned; the rest goes to validators. In Epoch 790, 33,276 SOL was burned.
👉 Track real-time fee data via Solscan
Solana vs. Other Blockchains
| Blockchain | Avg. Tx Fee | TPS | Transaction Speed |
|-------------|------------|--------------|-------------------|
| Solana | $0.0028 | 65,000 TPS | 5 seconds |
| Bitcoin | $1.38 | 7 TPS | 10–60 minutes |
| Ethereum | $1.51 | 119 TPS | 13 seconds |
| Polygon | $0.037 | 714 TPS | 2 seconds |
| XRP | $0.0002 | 3,400 TPS | 3–5 seconds |
Data as of May 2025
Why Low Fees Matter
- Enables scalability for DeFi, NFTs, and gaming.
- Drives adoption of Solana NFT marketplaces like Magic Eden.
- Positions SOL as a top long-term crypto investment.
Solana Gas Fees FAQs
1. Does Solana have gas fees?
Yes, Solana charges minimal fees to compensate validators and prevent network spam.
2. Is Solana cheaper than Ethereum?
Significantly. Solana’s avg. fee ($0.0028) is **500x cheaper** than Ethereum’s ($1.51).
3. Why are Solana fees so low?
- Proof-of-History (PoH) consensus reduces computational overhead.
- Parallel transaction processing boosts efficiency.
- High block speed/size optimizes cost.
The Bottom Line
Solana’s ultra-low fees and high throughput solidify its status as a leading blockchain. While past volatility raised concerns, its DeFi and NFT growth suggest strong recovery potential.
👉 Explore Solana investment opportunities
For long-term projections, check our Solana price prediction guide.
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