The largest cryptocurrency exchange in the United States, has exciting news for Solana (SOL) fans. CEO Brian Armstrong announced plans to integrate Solana into Coinbase's platform to make transactions extremely fast. The goal is to complete transactions "under a second and a penny". This integration is part of a broader strategy to prioritize faster layer 2 solutions on Coinbase.
Coinbase is pleased with the progress of the Base network, which has become the third largest tier 2 network in terms of total value locked at nearly $500 million in a short period of time. The company is actively working to integrate Base with various applications, and developers are enthusiastic about working with layer 2 technology.
Coinbase is making strategic moves to improve transaction speed and efficiency on its platform, focusing on integrating Solana and other fast layer 1 networks. The goal is to achieve transactions in less than a second and at low costs, ultimately benefiting cryptocurrency exchange users.#Bitcoin. #Ethereum. #USDT $BTC $BNB $SOL