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Daily sum of transaction fees paid for Solana (SOL) from April 9, 2021 to December 6, 2021 (in native units)

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Source

Release date

December 2021

Region

Worldwide

Survey time period

December 6, 2021

Special properties

Median prices

Supplementary notes

Monthly figures are as of the end of that particular month.

Figures have been rounded.

Citation formats

Solana (SOL) gas price paid in total up until December 6, 2021

Published by K. Scholle, Dec 9, 2021
The sum of Solana network fees paid whenever a payment transaction is initiated on the blockchain stayed roughly the same since **. These transaction fees - commonly denoted as gas - exceeded over 1,000 SOL on a single day. Given that the Solana blockchain can process millions of transactions per day, this means that the gas price of an individual SOL would be well below ****. The growing gas sum coincided with the increasing importance of Decentralized Finance or DeFi, and more blockchains being used for the development of new financial applications.
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