Analysis of Solana Transaction Fees From Jan 2022

Solana is an open source project implementing a new, high-performance, permissionless blockchain using proof of history consensus mechanism. Solana supports 50,000 TPS (Transactions per second) and 400ms Block Times. A SOL is the name of Solana's native token, which can be passed to nodes in a Solana cluster in exchange for running an on-chain program or validating its output. The system may perform micropayments of fractional SOLs, which are called lamports. They are named in honor of Solana's biggest technical influence, Leslie Lamport. A lamport has a value of 0.000000001 SOL.