What state is Coinbase?

I'm curious, what is the current status of Coinbase? Is it thriving, facing challenges, or undergoing some sort of transformation? I'd like to understand the company's trajectory and where it stands within the broader cryptocurrency landscape. Additionally, I'm interested in knowing if there are any recent developments or changes in Coinbase's operations that might impact its users or the market as a whole. Can you provide me with a concise and informative summary of Coinbase's current state?