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Solana

Solana (SOL)

Current USDT transfer fee on the Solana network

$0.0001

Estimated cost per SPL Token USDT transfer

Updated Mar 12, 2026 at 20:00 UTC

Quick Facts

Native Token SOL
Consensus PoH + PoS
Block Time ~400ms
USDT Standard SPL Token

USDT Contract

SPL Token USDT on Solana

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About Solana

Solana launched in 2020, created by Anatoly Yakovenko. It uses a unique combination of Proof of History (PoH) and Proof of Stake (PoS) to achieve high throughput — with a theoretical capacity of approximately 65,000 transactions per second.

Transaction fees on Solana are consistently near-zero, typically $0.001 or less per transfer. USDT is available as an SPL token, the native token standard on the Solana network. Fast finality (~400ms block time) makes it particularly attractive for payments and high-frequency trading.

The network experienced several outages in 2022–2023 but has stabilized significantly since then. Solana's combination of speed, low cost, and growing ecosystem makes it one of the most popular alternatives to Ethereum for stablecoin transfers.

Related Resources

Frequently Asked Questions

How much does it cost to send USDT on Solana?
Sending USDT on Solana typically costs less than $0.001. Solana has some of the lowest transaction fees of any major blockchain, making it ideal for frequent or small-value transfers.
Is Solana faster than Ethereum?
Yes, significantly. Solana produces blocks approximately every 400 milliseconds, compared to Ethereum's ~12 seconds. Solana also processes thousands of transactions per second, while Ethereum's base layer handles around 15–30 TPS (though Layer 2 solutions increase this).
What is an SPL token?
SPL (Solana Program Library) tokens are the standard token format on Solana, similar to ERC-20 on Ethereum. USDT on Solana is issued as an SPL token, meaning it follows Solana's native token standard and benefits from the network's speed and low fees.
Has Solana had reliability issues?
Solana experienced several network outages and performance degradations in 2022 and 2023, primarily due to network congestion and bot activity. The Solana team has implemented significant improvements since then, and the network has been substantially more stable.