Gas Fees
Plain English
Similar to transaction fees at a bank or shipping costs for packages, gas fees are small payments you make to process your transactions on the blockchain. On Solana, these fees are incredibly cheap (around $0.000005) compared to other blockchains because it's so efficient.
Technical
Transaction fees paid to validators for computational resources used to process and validate operations on the blockchain. Solana implements a fee structure based on signature verification and compute units consumed, with fees typically around 0.000005 SOL per transaction due to its high throughput and efficient architecture.