Why did my Solana transaction fail?
To ensure smooth execution of your transactions on the Solana blockchain, we recommend that you:
- Always maintain a minimum balance of at least 0.05 SOL in your wallet.
- When transferring to a new Solana address, it is advisable to send a minimum of 0.05 SOL .
This amount of 0.05 SOL is enough to cover most standard transaction fees and potential rental costs. By keeping the recommended minimum balance, you can ensure smooth trading and avoid being held up by funding issues.
Please note that the mentioned 0.05 SOL is an estimated value, and the actual minimum balance required may vary depending on network congestion and specific transaction types. We advise checking the current transaction fees regularly and keeping an appropriate balance buffer.