💯💯💯Solana daily transaction fees drop to multi-month low as memecoin hype cools💯💯
The total daily transaction fees paid on the Solana blockchain, measured in U.S. dollars, have fallen to a level not observed since early May 2024. On Monday, daily transaction fees on Solana dropped to $639,000 — representing a 65% decrease from this month's peak of $1.83 million on August 8 and an 87% decline from the all-time high of $5.08 million on March 18, according to The Block's Data Dashboard.
