Paul Grewal, the Chief Legal Officer of Coinbase, rebutted claims of the platform’s animosity toward Solana, noting the millions invested in its defense against an SEC lawsuit. His comments followed a community tweet that questioned Coinbase’s support, triggering widespread engagement.

Despite challenges from network congestion, SOL showed strong performance with a 3.05% price increase to 254.82 USD. The optimism around Solana is reinforced by the commitments of its co-founders and bullish predictions about its potential against Ethereum.