What is Solana transaction fee?

Solana has better block time (0.4 seconds) and block size (20,000 transactions) than Ethereum (block time: 13 seconds, block size: 70 transactions). The higher block time and block size are why the Solana network offers an incredibly low transaction fee of just $0.00025 per transaction.

Solana can process an industry-leading 65,000 transactions per second, or TPS. (It is currently processing 1,954 transactions per second.) Its fees are minuscule—averaging just $0.00025 per transaction .

Solana has been one of the blockchains that are charging a high gas fee . But this is a problem that is soon going to disappear with the coming of the Bitgert BRC20 blockchain. It is a zero-gas fee chain that is revolutionizing the cryptocurrency industry.