#Coinbase Enhances Support for Solana#

Coinbase CEO Brian Armstrong recently expressed his support for Solana on multiple occasions, announcing that Coinbase will be increasing its support for Solana, including expanding infrastructure and providing native support for common use cases such as DEX and memecoin trading. Coinbase aims to elevate Solana support to the same "Tier 1 support" level as Bitcoin, Ethereum, and Base. Previously, Coinbase faced user dissatisfaction due to Solana transaction backlog issues that led to a decline in user experience. Armstrong stated that the backlog issues have been addressed and users can retry canceled transactions. Although the recent surge in activity is positive for the ecosystem, he acknowledged the need to provide better service to users during periods of high demand. Furthermore, Armstrong expressed his bullishness on Bitcoin, believing that it can effectively counterbalance deficit spending and inflation, serving as a safe haven for people. He also revealed that President Trump was excited about establishing a strategic Bitcoin reserve, and he believes that the world is moving towards a Bitcoin monetary standard. Armstrong also predicted that Bitcoin's price will reach millions of dollars, stating that clear crypto regulation in the United States and the US holding Bitcoin as a strategic reserve will drive the price upward. He believes that if the US holds Bitcoin, G20 nations will follow suit. He further shared that during an interview at the Davos Forum, he spoke with finance ministers from various countries, learning about their increasing interest in holding Bitcoin.