Articles for tag: SOL, Solana

Lipika Deka

AltcoinNews
Solana

Memecoins Fuel Solana’s Unstoppable Rise in Crypto Fees

Solana’s low fees and high-speed transactions are driving the meme coin adoption, ushering in a new era in blockchain activity. Over the past 24 hours, SOL clinched the fifth position in the top 10 positions in fee generation among crypto protocols. This is significant considering Ethereum’s domineering influence, a game ... Read more

Lipika Deka

NewsAltcoin
Solana

Solana’s Fees Hit Record Highs as Memecoins Dominate DEXs

Solana’s transaction fees have soared to new heights, largely driven by a surge in meme coin activity on its decentralized exchanges (DEXs). This trend underscores the blockchain’s unique fee model, which sustains its low-fee structure for general users while generating higher fees from specific high-demand transactions. On Oct. 24, transaction-related ... Read more