📗Prepare SOL

What is SOL?

SOL is the native cryptocurrency of the Solana blockchain, required for paying transaction fees and other use cases (such as staking to secure the network).

Transaction Fees on Solana:

• Transaction fees on the Solana blockchain are paid using SOL. This means that as a user, whenever you want to initiate any type of on-chain operation, your wallet must have SOL.

• When you initiate a transaction on SlerfTools, you need SOL to pay for the transaction fees.

Note: 0.000000001 SOL = 1 lamport (one billionth of a SOL).