The Solana Foundation's community event in Shanghai, planned for October 16, was postponed due to unexpectedly high registration numbers, about four times the expected amount. Binance co-founder Changpeng Zhao expressed strong support for blockchain projects globally, including those in China like Solana, despite the country's strict bans on crypto trading and mining. Solana has been increasing its presence in China by opening an office and promoting itself in Shanghai, which Zhao believes could help other blockchain projects gain a foothold in the market. The postponement highlights logistical challenges but also reflects growing interest in blockchain within China.
Solana's community event postponement coincides with a slight dip in its price on Pluang, where SOL trades at Rp1.864.862, down 0.20% as of Oct 18, 2026 19:41 WIB. Binance Coin, supported by Changpeng Zhao, shows a modest gain at Rp12.922.283 with a 0.21% increase at the same time.
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