• VanEck’s CEO prioritizes transaction fees over Bitcoin and Ethereum ETFs in the crypto industry.
• Solana and Layer 2 solutions offer cheaper and more predictable transaction costs for developers.
• Jan Van Eck expresses doubt over the approval of Ether ETFs, citing the SEC’s lack of responsiveness.

In a recent interview, Jan van Eck, the CEO of the global investment firm VanEck, emphasized the significance of transaction fees within the cryptocurrency industry. The CEO suggested that they warrant more attention than the ongoing discussions surrounding Bitcoin (BTC) and Ethereum (ETH) ETFs.

Van Eck underscored the unpredictability of transaction fees on the Bitcoin and Ethereum blockchains, stating that it presents challenges for developers aiming to build applications within these ecosystems. He highlighted the emergence of alternatives like Solana and Layer 2 solutions, which offer more affordable and predictable transaction costs.

During his interview, Van Eck said that,

The most important story of 2023 is simply that transaction costs are now available at affordable rates through Solana or the so…

The post VanEck CEO Asks to Focus on Gas Fees Over Bitcoin and Ethereum ETFs appeared first on Coin Edition.

• VanEck’s CEO prioritizes transaction fees over Bitcoin and Ethereum ETFs in the crypto industry.
• Solana and Layer 2 solutions offer cheaper and more predictable transaction costs for developers.
• Jan Van Eck expresses doubt over the approval of Ether ETFs, citing the SEC’s lack of responsiveness.

In a recent interview, Jan van Eck, the CEO of the global investment firm VanEck, emphasized the significance of transaction fees within the cryptocurrency industry. The CEO suggested that they warrant more attention than the ongoing discussions surrounding Bitcoin (BTC) and Ethereum (ETH) ETFs.

Van Eck underscored the unpredictability of transaction fees on the Bitcoin and Ethereum blockchains, stating that it presents challenges for developers aiming to build applications within these ecosystems. He highlighted the emergence of alternatives like Solana and Layer 2 solutions, which offer more affordable and predictable transaction costs.

During his interview, Van Eck said that,

The most important story of 2023 is simply that transaction costs are now available at affordable rates through Solana or the so…

The post VanEck CEO Asks to Focus on Gas Fees Over Bitcoin and Ethereum ETFs appeared first on Coin Edition.