Odaily News Mert Mumtaz, CEO of Solana infrastructure provider Helius, said in a post on X: “If you are still using Coinbase as a Solana user, you are either lazy or stupid.
This is embarrassing, no other exchange has this problem, but Coinbase has had 13 similar incidents in 2 months, which is too inaction.
Stop using Coinbase Exchange, stop using Coinbase Custody, stop using all products.
If using an exchange, use Jupiter, Backpack, Infinex, Hyperliquid, Kraken or OKX instead;
If using hosting, use Anchorage, Bitgo, or Squads instead.”
Coinbase CEO Brian Armstrong responded: “Solana is seeing a surge in activity right now and we’re looking at how to scale better. Thank you for reporting this.”