Coinbase’s Supreme Legal Director of Coinbase has rejected it as an unfounded example of allegations that the exchange of cryptocurrency was hated Solana, who said that Coinbase had spent millions of dollars to defend Blockchain.
Paul Groal, the Coinbase’s chief legal official, made these comments in response to X (previously Twitter) claims about the alleged hostility to exchange towards Solana.
Interior Story: How to fight Coinbase against SEC
The Stock Exchange quietly resisted the classification of the US Securities and Stock Exchange Committee from Solana as security.
“My team and I wake up every day, I think about how to defeat this obscene attack.”
He confirmed that they were “all” in this case. The message was clear. They do not stop, because they believe in Soul.
Technical hiccups speculation of the fuel community
Solana Coinbase Solana delays sparked new controversy within the encryption community. However, the exchange blames problems in infrastructure issues. Smred, however, he saw it from a different angle. Many people have interpreted these technical issues as an indication that Coinbase prefers Ethereum over Solana.
For this anxiety, Andrew Allen, a Coinbase protocol, enters the situation. He said that the exchange “does not hate Solana.” He stressed that more updates will appear next week, and we hope that things will improve.
Mixed reactions from encryption giants and influencers
Andrew Allen, a Coinbase, stressed that the exchange intends to improve Solana instead of contempt. He added that the conversation will include additional details about its intentions by next week.
However, the reaction was far from consensus. XRP supporters had a lot to say against the stock exchange, noting that they were crossed out The case filed by SEC In 2020, the Network founder Justin Sun joined the discussion with the list of his grievances as well.
It is fair to criticize Coinbase recently, such as slow to Solana (and other chains, including the base), a lot of closed accounts that take forever to take a very poor customer service footage, and a confusing path. Record … https://t.co/y7svdddtmm
– Zeneca
(Zeneca) January 25, 2025
Industry experts study the role of Coinbase
Zenca, founder of the Zen Academy, commented on the matter as well. Certainly he admits that Coinbase has recent operational difficulties – it was an experiment Late clouds operations And poor customer support. But in his opinion, the exchange played a decisive role in defending the interests of encrypted currencies.
According to him, the exchange is still one of the main defenders of the cryptocurrency region and its long -term protection from the United States government and its organizers.
Huh? I have spent millions of dollars Coinbase $ To defend Sol for Secgov The lawsuit, which she accused of being a security. My team and I wake up every day I am thinking about how this outrageous attack was defeated. We do not stop, because we believe in Soul. If this is … https://t.co/gmky0qtlca
– Paulgrewal.eth (iampaulgrewal) January 25, 2025
This controversy comes at a time when Solana has shown a remarkable growth in recent times, with reports indicating that Blockchain is additional absorption 2.5 billion US dollars Amid the renewal of the MG activity.
Moreover, apps on Solaa showed a huge performance, acquiring more than 73 % of all encryption applications in one day. While these operational challenges will continue to impeding the growth of the network, these measures indicate the basics of a very strong ecosystems that are well in line with the Coinbase support for the network.
Distinctive image from Fortune, TradingView graph
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