Coinbase CEO Brian Armstrong introduced that the change has resolved all pending Solana transaction delays—a response to rising consumer frustrations over gradual processing instances.
On Jan. 22, he shared the replace on the social media platform X, confirming that Solana transactions are actually functioning as anticipated, with canceled transactions eligible for retries.
Armstrong wrote:
“We have now the Solana backlog triaged, and transactions ought to generate rapidly once more. In case your transaction obtained canceled you possibly can retry it now – apologies for the difficulty.”
Armstrong acknowledged the inconvenience attributable to the delays, emphasizing that Coinbase should enhance its infrastructure to assist Solana’s ecosystem higher.
He highlighted plans to reinforce the change’s capabilities for dealing with decentralized change (DEX) and memecoin buying and selling, that are widespread on Solana.
Moreover, Armstrong said that Coinbase goals to raise its assist for Solana to match the precedence given to Bitcoin, Ethereum, and Base. He said:
“Our objective is to offer tier 1 assist for Solana, with the identical degree of assist as Bitcoin, Ethereum, and Base (which additionally noticed delays lately as a consequence of giant surges of exercise btw).”
Coinbase’s Solana historical past
Solana, recognized for its quick transaction speeds, has confronted recurring points on Coinbase, significantly throughout spikes in buying and selling exercise.
Over the weekend, elevated demand linked to Donald Trump-themed memecoins brought on widespread congestion throughout the Solana community. Key providers like Phantom, Jito, and Jupiter additionally reported disruptions because of the surge in exercise.
Nevertheless, these challenges usually are not new to Solana customers counting on the Coinbase change. Beforehand, customers reported transaction delays of as much as 45 minutes, which Coinbase attributed to pockets upkeep or network-related points.
Current delays have been even longer, with experiences of transactions taking on 21 hours to course of. These prolonged wait instances have sparked considerations concerning the change’s operational effectivity and skill to handle high-volume intervals successfully.
Regardless of the setbacks, Armstrong described the elevated exercise as an indication of progress for Solana’s ecosystem. He reiterated Coinbase’s dedication to enhancing assist for the community, guaranteeing a seamless expertise for customers throughout instances of excessive demand.
