China's central bank, the PBOC, stopped Solana's advertising campaign and related events in Shanghai, citing violations of a February 2026 notice against illegal cryptocurrency activities. The ads appeared prominently on the Citigroup Building and promoted Solana's virtual currencies, which Chinese authorities deem prone to speculation and lacking proper regulatory safeguards. The PBOC will continue cracking down on domestic crypto traders and affiliates of foreign platforms to maintain financial order. This action reflects China's ongoing strict stance against virtual currencies and related business activities.
As of Nov 06, 2026 19:02 WIB, Solana (SOL) is trading at Rp1.632.863 on Pluang, showing a 1-day decline of 6.85%. The platform records a market cap of Rp964,8T for SOL and a 24-hour trading volume of Rp72,44T. Pluang users currently have a slight majority of sell orders at 52%, with a typical hold time of 72 days, highlighting active trading amid regulatory scrutiny in China.
Solana's price fell over 7% to $89.62 following a broad crypto market sell-off triggered by losses in chip and tech stocks. Concurrently, Solana validators must upgrade to Agave 4.4.1 software before epoch 1079 to avoid being forked off the network a...
China's central bank stopped a Solana promotional event in Shanghai due to violations of the country's cryptocurrency advertising restrictions. Authorities found that Solana collaborated with local entities to advertise in Shanghai's financial distri...
As of November 6, Ethereum held $136.55 billion in stablecoins compared to Solana's $14.76 billion, highlighting a significant capital difference between the two networks. Decentralized finance value locked on Ethereum was also much higher at $42.99 ...
Following the US midterm elections, tech stocks plunged, dragging Solana down nearly 7% to $89.63 amid broader market risk-off sentiment. Concerns over Solana's ecosystem, including a halted lending protocol and an upcoming validator upgrade, intensi...
On November 5, HBAR spot ETFs experienced net inflows, marking a positive trend for two consecutive days. In contrast, Solana (SOL), Avalanche (AVAX), Hyperliquid (HYPE), Zcash (ZEC), and NEAR spot ETFs recorded net outflows, indicating investor with...
