Coinbase Enhances Solana Infrastructure, Sparking 23% Price Rally

Coinbase has rolled out significant upgrades to its Solana network infrastructure, driving a 23% surge in SOL’s price. The improvements, alongside the launch of Solana ETFs in Canada, have bolstered institutional interest in the blockchain.

Coinbase Boosts Solana Infrastructure, Drives Price Surge

Coinbase has implemented crucial enhancements to its Solana network infrastructure, aimed at improving speed, resilience, and scalability. The crypto exchange introduced asynchronous transaction processing, boosting block processing throughput by fivefold. These improvements, coupled with the launch of Solana ETFs in Canada, fueled market optimism, causing Solana’s price to surge by 23%. The institutional interest in Solana is growing, as the exchange maintains a high volume of Solana transactions, attracting more developers and investors.

Coinbase Reaches $100 Billion In Bitcoin Futures Volume

Despite tariff turbulence, Coinbase International’s Bitcoin perpetual contracts surpassed $100 billion in volume within a week, raising questions about market volatility and a potential paradigm shift. By setting up in the Bahamas, Coinbase has captured global demand for derivative products, with the overwhelming majority of trades in bitcoin. This phenomenon is redefining the rules of the market.