Coinbase Solana transaction delay has caused user dissatisfaction, Helius CEO: Not related to Solana chain
Odaily Planet Daily News: Coinbase users have complained that Solana trading has been delayed for several hours due to network congestion caused by the Meme coin launched by US President Trump on January 18th, which has affected the cryptocurrency exchange. However, Coinbase's delay seems to be at least partially unrelated to Solana. Some users have reported that the settlement time of the exchange is several hours later than the blockchain network. On January 20th, an X user described a 15 hour delay in trading on Coinbase. Mert Mumtaz, CEO of Helius, a Solana infrastructure provider, stated in an X post on January 20th that "Coinbase estimates it will take 100 minutes to process USDC receipts on Solana It needs to be clear that this has nothing to do with the chain, "Mumtaz said when talking about Solana. Coinbase representatives did not immediately respond to requests for comment. (Cointelegraph) Yesterday's news, Brian Armstrong, CEO of Coinbase, responded to user feedback on X by saying, "The team is working hard to expand our Solana infrastructure. There has been a lot of Solana activity in the past few days, and we did not anticipate such a surge