The U.S.-based crypto exchange is facing temporary issues affecting sending, receiving, buying, and selling transactions on Solana, according to its status update.
Coinbase confirmed operational delays impacting user transactions on the Solana network. The issue affects functions including sending, receiving, buying, and selling Solana-based assets. Such incidents occasionally occur on high-throughput blockchains like Solana when network congestion or node synchronization problems arise. Coinbase has acknowledged the disruption and is monitoring recovery to restore normal service.