Gas fee
MarketsDefinition
Fee paid to validators for processing a transaction on a blockchain. Priced in the network's native token (ETH on Ethereum, SOL on Solana). Varies with network congestion — Ethereum fees can spike from $1 to $100+ during NFT mints or memecoin manias.
L2s (Arbitrum, Optimism, Base) batch transactions to compress L1 gas costs. Solana keeps fees consistently low through high throughput.
L2s (Arbitrum, Optimism, Base) batch transactions to compress L1 gas costs. Solana keeps fees consistently low through high throughput.