• 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

2 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

Share

Other news

PFL and Arkham Partner to Integrate Blockchain Analytics into MMA

Professional Fighters League and Arkham join forces to introduce blockchain analytics in MMA starting 2025.

user avatarGiorgi Kostiuk

5 minutes ago

Top Altcoins: Qubetics, Aptos, and Mantra

Explore how Qubetics, Aptos, and Mantra are transforming the crypto market with their innovations.

user avatarGiorgi Kostiuk

5 minutes ago

Cryptocurrency Market: Changes and Expectations Amid Trump’s Trade Tariffs

Despite a recent recovery, cryptocurrencies dip again as traders brace for Trump's new tariff measures.

user avatarGiorgi Kostiuk

6 minutes ago

eXch Restructures to Evade Money Laundering Allegations

eXch merges with an offshore company and updates its terms to evade scrutiny over stolen fund laundering allegations.

user avatarGiorgi Kostiuk

6 minutes ago

Tariff Policies and Cryptocurrencies: An Unexpected Connection

Explore how tariff policies might affect the crypto market, creating unexpected opportunities.

user avatarGiorgi Kostiuk

7 minutes ago

Ethereum Price Severely Affected by Trade Wars

Ethereum's price has dropped by 56% since December, with institutional interest decreasing as well.

user avatarGiorgi Kostiuk

7 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

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.