Solana, one of the cheapest and most efficient cryptocurrency networks, has seen a considerable increase in DeFi and NFT activity, thanks to its low gas fees. With transaction fees ranging between $0.0001 and $0.0003, Solana's Proof of History consensus mechanism allows for efficient processing and reduced fees. Additionally, the network employs a system where 50% of transaction fees are burned, and the other 50% is distributed to the validator that processed the transaction. Despite a massive downturn in 2022, Solana has doubled in value this year, and low gas prices could help the cryptocurrency stage an even bigger recovery.