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Solana-powered AMM Raydium proposes SushiSwap integration to reduce fees

Major decentralized exchange SushiSwap is the latest to consider action to mitigate Ethereum’s extreme transaction fees, and it involves a potential port to the Solana blockchain.A proposal, which was posted to the SushiSwap forum on Feb. 22 under the codename ‘Bonsai,’ suggests building out the platform on the Solana ecosystem. The

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Crypto influencer warns Ethereum fees will drive users away

Prominent crypto influencer Lark Davis, or “The Crypto Lark,” has warned that Ethereum’s competitors will continue to syphon away users should Eth2 fail to launch soon amid ever-increasing gas fees.Despite predicting five-figure Ether prices in 2021, Davis’ Feb. 19 video, Davis asserts Ethereum’s skyrocketing fees has meant that only “rich

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Market Wrap: Bitcoin Near $48K While Ether Transaction Fees Surge Again

Bitcoin was trading between $47,000 and $48,000 for much of Thursday, breaking the $48,000 level multiple times throughout Thursday. Traders and analysts told CryptoX they remain bullish on the overall market, as institutional investors’ interest in bitcoin is growing “at a staggering pace.”Bitcoin (BTC) trading around $47,174.04 as of 21:00

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Whales profit as high Ethereum gas fees sideline retail DeFi investors

Since early 2020 the decentralized finance sector has been recieved a lot of attention due to its cutting-edge innovation and the lucrative high yield opportunities offered to cryptocurrency holders. Despite these features, this week’s record-high gas fees show that the sector is still having growing pains and the absence of a

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Bitcoin breaks $40,000 and sets its sights on a new all-time high, ETH fees spike as a new price record is set, and Elon Musk really loves Dogecoin.

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cryptox in one link.Top Stories This WeekBitcoin eyes $50K less than a month

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Ether price breakout to $1,750 sees Ethereum network fees hit all-time high

Largest altcoin Ether (ETH) built on its recent all-time highs on Feb. 5 to climb ever closer to $2,000.ETH/USD 1-hour candle chart (Bitstamp). Source: TradingViewEther price hits record $1,750Data from Cryptox Markets and TradingView showed a fresh breakout occurring for ETH/USD during Friday trading. At the time of writing, Ether was

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Ethereum posts new highs as DeFi gas fees go through the roof

Ethereum’s gas fees are again spiking to record highs, rendering many decentralized finance protocols unusable for casual investors.After increasing roughly 20% in the last 24 hours, average Ethereum transaction fees are now sitting at a record $17.67.With many DeFi projects requiring the execution of complex smart contracts, there are reports

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Rare Sneaker App Switches From Ethereum to Hedera to Skip Blockchain Fees

SUKU, a blockchain startup that tracks luxury goods among other things, is moving its high-end sneaker authentication system to Hedera Hashgraph, after the fees on Ethereum became too high.The first SUKU application to migrate to Hedera is called INFINITE, and it uses non-fungible tokens (NFTs), one-of-a-kind digital watermarks, to authenticate

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