What network does Coinbase run on?

Coinbase Wallet has expanded its support to include Ethereum, Solana, and all EVM-compatible networks within its mobile application and browser extension. This move underscores the wallet's commitment to providing users with a versatile and inclusive platform for managing their digital assets.

One of the key benefits of using Coinbase Wallet is that it comes preconfigured with several popular networks, including Arbitrum. Arbitrum is a layer 2 scaling solution for Ethereum that aims to improve the network's efficiency and reduce transaction costs. By being preconfigured with Arbitrum, Coinbase Wallet makes it easier for users to access this scaling solution and benefit from its advantages.

The inclusion of Ethereum is particularly significant, as it is one of the most popular and widely-used blockchain networks in the cryptocurrency space. With its robust smart contract functionality and decentralized application ecosystem, Ethereum has become a go-to choice for developers and investors alike.

Moreover, Coinbase Wallet's support for multiple networks allows users to diversify their investment portfolio and explore new opportunities in the ever-evolving cryptocurrency landscape. Whether they are interested in decentralized finance, gaming, or any other sector, users can find a network and a set of protocols that suit their needs.

Solana, on the other hand, is known for its high throughput and low transaction fees. This makes it an attractive option for users who prioritize speed and efficiency when it comes to transferring and trading digital assets.