Crypto News: Solana Postpones Shanghai Event After Registrations Quadruple

• Solana delayed the Shanghai stop of its Accelerate China tour after demand outpaced the attendance limit set by local authorities.

• Pre-registration quadrupled overnight, according to Solana Foundation president Lily Liu.

• Some X users claimed the event was “abruptly suspended” with law enforcement officers at the venue.

• The four-city tour has further stops planned in Hangzhou, Shenzhen and Beijing.

• China prohibits token fundraising, trading and mining, and reinforced its crypto restrictions in February.

Solana has delayed the Shanghai stop of its Accelerate China tour. Demand for the event outpaced the attendance limit set by local authorities, according to Cointelegraph.

The change comes as the Solana group expands its presence in China despite tight restrictions on a wide range of crypto-related activities.

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Solana Shanghai Event: Key Details

Key points from the report:

• Event: Solana Accelerate, Shanghai stop of the Accelerate China tour

• Status: postponed

• Reason: pre-registration exceeded the cap imposed by local authorities

• Registration growth: quadrupled overnight, per Lily Liu

• Tour schedule: Shanghai was to open a four-city tour, with Hangzhou on Sunday, Shenzhen on Tuesday and Beijing on Thursday

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Main News: Registrations Quadruple, Event Delayed

Lily Liu, president of the Solana Foundation, said in a Friday post on X that the Shanghai event was postponed after pre-registration exceeded the cap imposed by local authorities.

She wrote that registrations quadrupled overnight after publicity around the event. Organizers delayed the gathering to comply with local requirements.

Claims of a Sudden Suspension

Earlier on Friday, some X users claimed the event was “abruptly suspended” and that law enforcement officers were stationed at the venue. Those claims come from social media posts.

Rest of the Accelerate China Tour

Shanghai was scheduled to open Solana’s four-city tour. The next stops, according to the event website:

• Hangzhou: Sunday

• Shenzhen: Tuesday

• Beijing: Thursday

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China’s Crypto Restrictions

The postponement follows Solana executives’ promotion earlier this week of a new Shanghai office.

China prohibits multiple crypto-related services, including token fundraising, trading and mining. In February, the People’s Bank of China and seven other agencies reinforced those restrictions in a notice. It added new bans, including unauthorized issuance of yuan-pegged stablecoins.

An Earlier Solana Event in China

Solana has faced similar event constraints in China before. In October 2025, a Solana event in Shenzhen was cut short because of venue-capacity and public-safety concerns, according to Solana’s Chinese-language community account on X.

Summary: Crypto News Today

Solana postponed its Shanghai Accelerate China event after registrations quadrupled overnight and exceeded the attendance cap set by local authorities.

• Cause: pre-registration above the local cap

• Next stops: Hangzhou, Shenzhen and Beijing

• Regulatory backdrop: China prohibits token fundraising, trading and mining, with restrictions reinforced in February

• Earlier case: a Shenzhen event was cut short in October 2025

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