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Solana opens Shanghai Builder Station focusing on developers amid China's crypto restrictions

Protocol Fundamentals
14 Oct 2026
Crypto Briefing
View Source
Bullish
Solana opens Shanghai Builder Station focusing on developers amid China's crypto restrictions

Solana has established its first Builder Station in Shanghai, backed by the local government, to engage developers in infrastructure, AI, and robotics rather than promoting digital tokens, which are restricted in China. This move includes a tour across four Chinese cities to foster collaboration and developer activity, signaling a strategic focus on technology sectors that align with China's regulatory environment. Unlike rivals like BNB Chain, Solana is building a physical presence and partnerships in China, aiming to grow its ecosystem through innovation rather than direct token sales. The success of this approach will be clearer after the October 16-22 tour.

Solana trades at Rp1.870.447 on Pluang as of Oct 15, 2026 08:21 WIB, down 2.59% in the last day. Its market cap stands at Rp1.103,24 trillion with a 24-hour volume of Rp53,2 trillion. Buyers dominate Pluang order activity at 76%, and typical holding time is 71 days, showing steady investor interest despite the recent price dip.

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