- Coinbase is like, “Hate Solana? Nah, we just throw money at it!” 💸
- Solana’s network is having a meltdown, but hey, the market’s still doing its thing! 🎉
So, in a plot twist that even M. Night Shyamalan would envy, Paul Grewal, the Chief Legal Officer of Coinbase Global Inc., has decided to clear the air about those spicy rumors that Coinbase is throwing shade at Solana [SOL].
How did this start?
It all kicked off with a tweet from a user on X (formerly Twitter), who was clearly having a moment:
“@coinbase why do you hate @solana??”
Grewal, probably rolling his eyes, shot back:
“Huh? I’ve spent millions of dollars of @coinbase $ to defend SOL against an @SECGov lawsuit falsely accusing it of being a security.”
He went on to say:
“My team and I wake up every day thinking about how we defeat this outrageous attack. And we aren’t stopping, because we believe in SOL. If that’s hate, feel free to call me a hater.”
And just like that, the crypto community exploded with reactions, including some from Solana’s co-founders, who were probably like, “Thanks for the shoutout!”
Yakovenko chimed in, saying:
“Solana ecosystem is 100% blessed to have Coinbase in its corner.”
Because nothing says “we’re friends” like a good old-fashioned legal battle, right?
The story doesn’t end here
For those who’ve been living under a rock, this whole drama started when Coinbase tried to step up its game for the Solana network after the community was like, “Um, hello? What’s with the transaction delays?”
Things got a bit chaotic over the weekend when the Official Trump [TRUMP] and Melania Meme [MELANIA] memecoins decided to throw a party, and Solana’s network was like, “I can’t even!”
U.S.-based traders on Coinbase were left hanging, dealing with delays and transaction issues that made them want to pull their hair out.
“Solana will flip ETH.”
Because why not? Let’s just throw that out there and see what happens! 🎢
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2025-01-26 18:20