Coinbase CEO Brian Armstrong introduced that the trade has resolved all pending Solana transaction delays. That is in response to rising person dissatisfaction with sluggish processing occasions.

On January 22, he shared an replace on social media platform X, confirming that Solana transactions at the moment are working as anticipated and that canceled transactions are eligible for retry.

Armstrong writes:

“Solana’s backlog is being prioritized and transactions must be generated once more quickly. In case your transaction was canceled, you’ll be able to attempt once more now – we apologize for the inconvenience.”

Armstrong acknowledged the inconvenience attributable to the delay and emphasised that Coinbase wants to enhance its infrastructure to raised help the Solana ecosystem.

He highlighted Solana’s plans to reinforce the trade’s capabilities to course of widespread decentralized exchanges (DEX) and memecoin transactions.

Moreover, Armstrong mentioned Coinbase goals to extend help for Solana to match the precedence given to Bitcoin, Ethereum, and Base. He mentioned:

“Our purpose is to supply Solana with the identical degree of help as Bitcoin, Ethereum, and Base (which has not too long ago seen delays as a consequence of a spike in exercise).”

Historical past of Solana on Coinbase

Identified for its quick transaction speeds, Solana faces recurring points with Coinbase, particularly throughout spikes in buying and selling exercise.

Over the weekend, elevated demand associated to Donald Trump-themed meme cash brought on widespread congestion throughout the Solana community. Main companies corresponding to Phantom, Jito, and Jupiter additionally reported disruptions as a result of spike in exercise.

Nevertheless, for Solana customers who depend on the Coinbase trade, these challenges will not be new. Beforehand, customers reported transaction delays of as much as 45 minutes, which Coinbase attributed to pockets upkeep or network-related points.

Latest delays have been even longer, with stories of transactions taking greater than 21 hours to course of. These prolonged wait occasions have raised issues about exchanges’ operational effectivity and talent to successfully handle high-volume buying and selling intervals.

Regardless of the setback, Armstrong defined that the elevated exercise is an indication of development within the Solana ecosystem. He reiterated Coinbase’s dedication to enhancing community help and guaranteeing a seamless expertise for customers throughout occasions of excessive demand.

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