Lower Fees on Solana and Layer 2s Enable More Useful Crypto Apps, While High Ethereum Fees Stymie ETF Approval
• Transaction fees on Bitcoin and Ethereum blockchains are unpredictable, making building apps difficult
• Solana and layer 2 solutions now offer affordable, predictable transaction fees
• Lower fees enable developers to build more useful real-world applications
• Ethereum ETF approval unlikely by May deadline due to lack of SEC feedback
• VanEck CEO predicts focus will shift to chains that can scale and enable predictable costs for developers