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Solana Transaction Fees Hit Six-Month Low Amid Decline in Meme Coin Activity

Solana Transaction Fees Hit Six-Month Low Amid Decline in Meme Coin Activity


Cryptoknowmics
2024-09-14 05:15:03

Solana’s transaction fee volume has plummeted to its lowest level since 2023, signaling a sharp decrease in network activity as interest in meme coins fades. According to Dune Analytics, Solana users spent just $146,411 on transaction fees on September 12, marking a significant drop from the $5.08 million peak on March 18. The average transaction … Continue reading "Solana Transaction Fees Hit Six-Month Low Amid Decline in Meme Coin Activity" The post Solana Transaction Fees Hit Six-Month Low Amid Decline in Meme Coin Activity appeared first on Cryptoknowmics-Crypto News and Media Platform .


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