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Coinbase: Solana transaction delays are being addressed, and user funds are safe

Coinbase says it is addressing the issue of latency experienced by customers using the Solana blockchain on Coinbase due to increased transaction activity. User funds are safe and action is currently being taken to resolve this issue as soon as possible. To get users access to funds as quickly as possible, Coinbase is processing all pending Solana on-chain sends, and funds for these transactions will be credited to your account shortly. Users can retry sending, and Coinbase wants to be able to process these transactions immediately. This step allows resetting and prioritizing user access to funds, while also allowing the system to return to a healthy state.