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