Coinbase upgraded its infrastructure after receiving the user’s complaints to better support the Solana Environmental System.
The largest exchange of encryption in the United States has improved failure, improved liquidity measures, and processing fastest transactions.
In addition, Coinbase promised to accelerate Solana Transactions processing times in January after users faced problems with deposit and withdrawing Sol.
Coinbase Supercharge Solana support with 5x fastest production
According to Coinbase, improvements allowed and more reliable and more reliable, reaffirmed his dedication to providing the best results in industry and reliability for its users. In addition, the exchange of encryption highlighted that to meet the demand, with the expansion of Solana in the future, continued to invest in its infrastructure.
The Crypto exchange also shared X Publisher showing in detail the improvements. Based on the X Publishing, these improvements included the treatment of unsafe transactions that will lead to a five times an increase in the productivity of the mass processing, four times the improvements of the RPC procedures call, the increase in failure to increase flexibility, improve liquidity, and improve operational controls.
Moreover, on January 21, Coinbase shared a publication on the X platform stating that “Coinbase has witnessed an unprecedented activity as Solana … Our systems were unable to verify the authenticity of the transactions and treat them at the speed we are receiving.”
This came after users suffered a delay when trying to withdraw or deposit Sol, and sometimes hours always.
Interestingly, according to encryption exchange, the volume of transactions at that time was ten times higher than usual.
The trading of the Mimi currency gained popular, which led to Solana’s extensive adoption
The large -scale Mimi currency was a major factor in the sizes of high transactions in Solana. This partially resulted in a significant increase in the market value of Solana, which occurred on the weekend before the opening when the new president and first lady released the MI Metal Currencies on Blockchain, which contributed to increasing the popularity of the trading of the Mimi currency.
However, weeks before the Trump Tokeen Tokeen launch, reports from sources revealed that the comprehensive Onchain trading volume from Solana had received the fees at all times due to the volume of Memecoin trading. On January 5, the size of the Solana Onchain reached the highest level ever at 3.79 billion dollars, with about 4.5 million active addresses.
Solana increased nearly 23 % during the past week, making it one of the largest winners in the best 100 coins. according to Coinmarketcap Reports, Solana is trading at $ 133.32, which reflects a 0.04 % increase during the past 24 hours. With the market value of about 69.68 billion dollars, it carries the sixth place among all cryptocurrencies depending on the market value.
R.It comes recently comes amid the launch of Wednesday from The first spot in Canada Solana Etfs From exporters, including 3iq, EvolVE, CI and purpose. The exchanged funds are characterized by registration functions, providing investors the revenues obtained by the exporters who deliver Sol to support Solana Blockchain.
Solana investment funds in the United States were not approved. However, companies including VNECK, 21shares and BitWise have submitted requests to the Securities and Stock Exchange Committee to launch such products.
Bitcoin and Ethereum Spot Etfs were adopted in the United States in 2024. Besides Solana, he presented the two sources to launch a It is possible that it is a wide range of additional instant encryption boxes In the United States, including those associated with XRP, Dogecoin and even the official Coin Coin for President Donald Trump in Solana.
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