• 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

10 months 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

Kalshi's Growth Amid Legal Challenges

chest

Kalshi has recently announced significant growth, achieving a valuation of $1.1 billion following a $1 billion funding round, despite facing legal challenges.

user avatarSatoshi Nakamura

Nevada Judge Rules Against Kalshi, Allowing State Regulation

chest

A federal judge in Nevada ruled that Kalshi's sports markets can be regulated under state gambling laws, impacting the company's operations.

user avatarJesper Sørensen

The Hopeium Effect: Why Investors Keep Buying the Dip

chest

The Hopeium effect drives crypto investors to buy the dip during market downturns, believing prices will rebound, which can lead to significant losses.

user avatarRajesh Kumar

Gold Outperforms Bitcoin in 2025

chest

In 2025, gold has achieved higher year-to-date returns compared to Bitcoin, driven by its liquidity and investor trust.

user avatarLucas Weissmann

Balancer DAO Initiates $8M Recovery Plan Following Major Exploit

chest

Balancer DAO has announced an $8 million recovery plan following a $110 million exploit in November 2025, focusing on redistributing assets to affected users and enhancing security measures.

user avatarFilippo Romano

The Benefits of Embracing Bitcoin Volatility

chest

Michael Saylor discusses the benefits of Bitcoin's price volatility for long-term investors, encouraging them to view fluctuations as opportunities for greater returns.

user avatarTomas Novak

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.