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Data: The Solana fee priced in US dollars has increased by 2,800% within six months

Data: The Solana fee priced in US dollars has increased by 2,800% within six months

2024/02/26 08:30

Since the third quarter of last year, Solana has gradually shaken off the impact of Alameda's bankruptcy. Data shared by Power Your Own Research analyst Toghrul Maharramov shows that from August 2023 to February 2024, the average dollar-denominated cost per transaction on the Solana (SOL) blockchain surged significantly, increasing from $0.001 to $0.03, a nearly 30-fold increase. During this period, SOL price rose from $19 to $120. Analysis suggests that the growth in fee income on Solana chain may be related to previous airdrop activities like Jupiter and others while Anatoly Yakovenko, co-founder of Solana holds an optimistic view about the growth in fee income on blockchain.

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