• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Coinbase Promises Enhanced Support: Armstrong Apologizes for Solana Delays

user avatar

by Giorgi Kostiuk

a year ago


Brian Armstrong, Coinbase's CEO, publicly apologized for the Solana transaction issues caused by platform glitches. He promised to enhance support and scale infrastructure to prevent similar problems in the future.

Apologies from Coinbase for Solana Glitches

In a post on X on January 22, Armstrong admitted that the Solana transaction backlog was addressed, adding that transactions should now process quickly. He apologized for any inconvenience caused to users who faced transaction cancellations or delays.

Apologies for the trouble with your transactions. We have triaged the Solana backlog, and transactions should generate quickly again.Brian Armstrong

Plans for Infrastructure Improvement

Armstrong acknowledged the need for better Solana support and noted that Coinbase needs to upgrade its infrastructure and provide native support for common use cases like DEX/memecoin trading.

Reactions from the Crypto Community

The crypto community remains skeptical. One user, @PAGANDWOLF, pointed out that the platform had many years to address these issues and prepare for surges in activity like those seen in past bull markets. Armstrong noted that the increased activity is beneficial for the ecosystem but admitted the need to improve customer service during high demand.

Coinbase aims to enhance its platform to avoid such issues in the future. The company's CEO emphasized the importance of high-quality customer service, especially during periods of increased demand for Solana.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Saylor Confident Bitcoin Will Outperform SP 500

chest

Michael Saylor believes Bitcoin will outperform the SP 500, projecting returns that could triple the benchmark's average annual return.

user avatarFilippo Romano

Michael Saylor Predicts Bitcoin Will Reach $1.3 Million by 2045

chest

Michael Saylor predicts Bitcoin will reach $1.3 million by 2045, citing a 30% average annual return and expectations of institutional adoption.

user avatarEmily Carter

Binance Pool Miner Reserves Decline Amid Selling Pressure

chest

In May 2026, Binance Pool miner reserves decreased from 41,987 to 41,915, indicating ongoing selling pressure from miners.

user avatarTomas Novak

Italian Police Uncover Major Tax Fraud Scheme Involving Bitcoin

chest

An Italian police unit has cracked a tax fraud case involving over a million dollars, utilizing Bitcoin inscriptions to conceal undeclared capital gains.

user avatarMaya Lundqvist

Bitcoin's RSI Indicates Bullish Momentum

chest

Bitcoin's weekly Relative Strength Index (RSI) retested the 50 level, indicating potential for price expansion.

user avatarKaterina Papadopoulou

Solana's price steadies and seeks to rebound.

chest

Solana's price has shown signs of recovery after finding support at 8350, but faces resistance below 8850.

user avatarLeo van der Veen

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.