Solana ecosystem improvements at Coinbase address user complaints
Coinbase enhances Solana support
Coinbase has significantly upgraded its Solana infrastructure to tackle chronic transaction delays and bolster network resilience.
Key Takeaways
- Coinbase implemented asynchronous transaction processing, achieving a five‑fold increase in Solana block throughput.
- Remote procedure call performance was boosted four‑fold, alongside enhanced failover, liquidity optimizations and stricter operational controls.
- January’s memecoin surge—10× normal transaction volumes, $3.79 billion in on‑chain volume and 4.5 million active addresses—exposed previous infrastructure limits.
The largest U.S. exchange deployed asynchronous transaction processing that delivers a five‑fold increase in block processing throughput. It also rolled out four‑fold enhancements to its remote procedure call (RPC) systems, upgraded failover mechanisms, optimized liquidity management and tightened operational controls. “These improvements enable faster, more reliable sends and receives,” Coinbase said, “reinforcing our commitment to industry‑leading performance as Solana scales.”
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Addressing user frustrations
In January, Solana users on Coinbase faced prolonged withdrawal and deposit lags, sometimes exceeding hours, as transaction volumes surged ten‑fold above normal amid a memecoin trading frenzy. On Jan. 5, Solana logged an all‑time high of $3.79 billion in on‑chain volume and 4.5 million active addresses. Coinbase acknowledged that its systems struggled to validate and process transactions at that pace and vowed swift enhancements. The recent upgrades mark the fulfillment of those promises, delivering the capacity needed to absorb peak loads without compromising user experience.
SOL price. Source: СoinGecko.
Looking ahead
Solana remains the third‑largest cryptocurrency by market capitalization—$69.4 billion as of this week—with the token trading near $134.44 and recording $5 billion in volume over the past 24 hours. As decentralized finance and memecoin activity drive further growth, Coinbase’s expanded Solana support positions it to meet escalating demand. Investors and developers will watch closely to see if these improvements translate into consistently smoother transaction processing and whether other major exchanges follow suit to sustain Solana’s rapid expansion
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