China's central bank and Shanghai police stopped Solana's Accelerate China 2026 event due to 'too aggressive' offline marketing, including a large SOL token ad on a Shanghai skyscraper. Authorities view this as illegal promotion of cryptocurrency, which violates China's ban on crypto marketing and stablecoin activities. The investigation targets local partners who assisted Solana, signaling China's strict crackdown on foreign blockchain projects and crypto promotions. Solana has not yet commented on the matter.
Solana (SOL) is trading at Rp1.628.420 on Pluang as of Nov 06, 2026 20:21 WIB, down 5.83% in the last day. The news about China’s central bank investigating Solana’s aggressive marketing campaign in Shanghai coincides with a significant sell pressure on the platform, where 52% of order activity is selling. SOL’s market cap stands at Rp968,31 trillion with a 24-hour volume of Rp72,13 trillion, reflecting active trading despite regulatory challenges.
In the latest 24-hour period ending November 6, 2026, major cryptocurrencies BTC, ETH, and SOL experienced net outflows, with BTC seeing the largest at $259.58 million. Conversely, stablecoins USDC and USDT led net inflows, with USDC attracting $302....
Ether's options expiring November 13 show a strong put bias, indicating defensive positioning with a put/call open interest ratio of 2.41. Solana options are more balanced, while XRP options expiring November 27 are heavily call-biased, with a put/ca...
Samsung Wallet will integrate USDC stablecoin on the Sui blockchain for eligible US Galaxy device users later in November. This integration allows users to send USDC without paying network fees or needing to hold SUI tokens, thanks to Sui's gasless t...
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 pr...
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...
