Transaction Fees Are Lower Than Bitcoin And Ethereum, Visa Tanjung Solana

Visa claims Solana is superior to its competitors. (Photo; Doc. NewsBTC)

JAKARTA - Credit card giant Visa has issued a statement praising blockchain platform Solana (SOL) as Ethereum's main competitor (ETH). In a recent blog post, Visa mentioned several unique features of Solana that distinguish them from other cryptocurrencies.

Visa highlights a number of Solana's advantages, including low and measurable transfer fees. According to Visa, Solana even outperforms Bitcoin (BTC) and Ethereum (ETH) in some aspects.

Visa says that Solana transaction fees are very affordable, each transaction usually costs less than USD 0.001, and has a low level of cost predictability. This makes it an attractive, efficient, and cost-effective platform in financial transactions.

In addition, the credit card company also provides a graph comparing Solana's transaction fees with Bitcoin and Ethereum. Solana is clearly prominent at low transaction fees, while Bitcoin and Ethereum transaction fees are more volatile and unexpected.

In a statement, Visa announced that it would expand their stablecoin completion program using the Solana blockchain. They want to test Solana's blockchain capabilities in meeting modern company financial demands.

Solana's technological advantages, including high throughput and low cost, make it a reliable blockchain platform. Visa sees Solana as a promising platform in the world of payments and blockchain, opening the door to wider integration in the global financial ecosystem.