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    Solana Fees

    Solana is popular due to it's cheap fees and very fast transaction finality. In this dashboard, we will take a look at some of fees metrics in Solana ecosystem and how does it fair against other blockchain.

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    Graph below shows the total fees collected and average fees in $SOL. We can see that the average fees collected in Solana ecosystem is not consistent and there are some spikes on few days. Gas fees highly depending on network traffic hence why the fees are inconsistent.

    Graph below shows the comparison of Solana, Ethereum and Polygon for the past week. We can see that total fees collected on ETH is higher except of Feb 6th where fees collected in Solana higher. Polygon collected much lower fees the past week.

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    Daily average of ETH is much higher than Solana at around 25-30 USD while for Solana at around 0.50 USD. Polygon has much cheaper transaction fees at 0.01-0.02 USD per tx.