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Solana's China event in Shanghai halted by police presence, raising doubts on its expansion plans.

Market News
16 Oct 2026
Coinpaper
View Source
Bearish
Solana's China event in Shanghai halted by police presence, raising doubts on its expansion plans.

Solana's Accelerate China 2026 event in Shanghai was abruptly suspended after police officers appeared at the venue, causing delays and preventing some attendees from entering. Binance co-founder CZ questioned whether Solana fully understood China's local crypto regulations, referencing a similar disruption at a previous Solana event in Shenzhen. This incident casts uncertainty on Solana's broader China expansion, which includes upcoming events in Hangzhou, Shenzhen, and Beijing. The future of these events may reveal if the Shanghai halt was a one-off logistical issue or a sign of regulatory resistance.

Solana's token (SOL) is trading at Rp1.910.000 on Pluang, showing a positive 3.41% increase in the last day. The market cap stands at Rp1.125,92 trillion with a 24-hour trading volume of Rp52,43 trillion. This data is current as of Oct 16, 2026, 15:41 WIB.

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