Solana has grown exponentially over this past year with hoards of new investors who are eager to see a big ROI. So the question is, how can we work together to make the price of Solana skyrocket. Easy. BURN SOLANA!

How much of Solana’s Gas Fees are Burned?

Solana employs a system in which 50% of all transaction fees are burned. The other 50% is distributed to the validator that processed the transaction.

When referring to blockchain statistics on Solana, epochs are typically used as the most common time reference. Each epoch lasts about two and a half days.

According to Solscan, one of the best Solana explorers, regular Solana transaction fees range between $0.000100 and $0.000150. As of March 13th, the base fee paid for a single non-vote transaction on Solana amounted to $0.000127. or 0.065 SOL.

TLDR: Make your Sol work for you.

  • yogofubi@alien.topBEnglish
    1·
    10 months ago

    It still wouldn’t come close to offsetting the dilution of your SOL due to the inflation rate.

    Snake eating it’s own tail

  • Agreeable-Split1829@alien.topBEnglish
    1·
    10 months ago

    So glad I got 5 right now lol. I have big hopes for the projects it has though and am thinking of acquiring 30. Anybody think that sol will dip another little bit and come back up?

    • Klutzy-Ad-282@alien.topBEnglish
      1·
      10 months ago

      There will be a dip there always is. When and at what price that’s the big question. So hard to time the market.

  • 4cademy@alien.topBEnglish
    1·
    10 months ago

    Just burn all of your Sol straight away. No movement needed + easy skyrocketing Solana

  • CressApprehensive662@alien.topBEnglish
    1·
    10 months ago

    If your bullish on the Solana ecosystem there are many promising tokens within the Solana ecosystem that will rise with the potential Solana. Lots of opportunities in the Solana ecosystem rn

  • fivehints@alien.topBEnglish
    1·
    10 months ago

    I would just invest in the sol ecosystem. Just find some promising projects and invest.

  • FaustusFelix@alien.topBEnglish
    1·
    10 months ago

    I make a point of using Sol on my phone wallet. I probably average 5 user created transactions a day. Its so cheap to gamble a little bit on tokens (let’s go SAMO) and play around with NFTs and stuff. Drip is amazing.

    But nah I’d rather keep the majority of my SOL locked on a cold wallet and staking growing 7%, not really interested in unlocking any until at least $100