Chinese regulators have stopped Solana's promotional ads on a Shanghai building and canceled its planned offline events due to China's longstanding ban on virtual currency activities. The People’s Bank of China and other authorities cited Solana's marketing as illegal financial activity since it issues cryptocurrencies and supports trading, which violates Chinese regulations. Authorities will investigate involved parties and continue to enforce strict controls to curb virtual currency business within China, aiming to protect economic and financial order.
Solana (SOL) trades at Rp1.622.125 on Pluang as of Nov 08, 2026 02:02 WIB, showing a slight decline of 0.37% in the past day. Its market cap stands at Rp959,09T with a 24-hour trading volume of Rp17,03T. Despite regulatory pressures in China, Pluang users show a majority buying interest at 65%, holding their positions for an average of 72 days.
Hackers behind the Binance October 29 breach converted $175 million in stolen altcoins into roughly 2,300 Bitcoin, according to blockchain analytics firm Elliptic. The laundering involved over 20,000 wallets across 16 blockchains, using at least 36 s...
China's central bank declared Solana's promotion in Shanghai illegal, halting the Solana Accelerate China 2026 tour and investigating involved Chinese service providers. Despite this, Solana's price remains steady around $90, just above its 200-day m...
ZetaChain's vote to shut down its layer-1 network and migrate the ZETA token to Solana has reached quorum with 67.4% participation, surpassing the 40% requirement. The proposal, which requires over 50% approval to pass, targets a network halt around ...
On November 7, 2026, significant changes occurred in the futures long position shares for major cryptocurrencies. SOL's dollar-margin long position share dropped by 3.26 percentage points to 69.56%, while XRP experienced the largest decline in dollar...
Crypto analyst Alex Marzell stated that Solana (SOL), a blockchain network for digital assets and applications, requires sustained bullish momentum and a move above local resistance levels to recover. However, he did not specify a timeframe for when ...
