Solana postpones Hangzhou, Shenzhen stops after Shanghai
Solana's Accelerate China tour has delayed its Hangzhou and Shenzhen events, a day after Shanghai was called off when sign-ups blew past a local cap.
CryptoGroup Newsroom · · 3 min read
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Solana's Accelerate China tour has postponed two more stops: the Hangzhou event planned for Sunday, October 18, and the Shenzhen event set for Tuesday, October 20. According to Chinese crypto outlet TechFlow, the organising team cited heavy oversubscription and the need to comply with local venue rules, said registrations would be kept, and promised to tell guests once new dates are fixed. The decision follows the abrupt postponement of the tour's opening event in Shanghai on Friday.
What happened in Shanghai
Solana Foundation president Lily Liu said on X that registrations for Accelerate Shanghai quadrupled overnight after publicity for the event, going "far" beyond the attendance cap the organisers had registered with local authorities, as Cointelegraph reported. The foundation postponed the event "to comply with local requirements," apologised to people who had travelled, and gave no new date. An earlier notice to guests had referred only to logistical issues at the venue.
Some users on X claimed police were present at the venue; Liu's statement did not mention that, and the claim has not been independently confirmed.
Solana in China: key moments
Oct 2025
Shenzhen event cut short
A Solana event in Shenzhen ended early over venue capacity and public-safety concerns, per Solana's Chinese community account.
Oct 12–16, 2026
Shanghai office promoted
Solana executives publicised a new Shanghai office ahead of the four-city tour.
Oct 16, 2026
Shanghai postponed
The opening event was called off on the day; Lily Liu blamed registrations that far exceeded the registered cap.
Oct 17, 2026
Hangzhou and Shenzhen postponed
Organisers pushed back the Oct 18 and Oct 20 stops, citing oversubscription and local venue rules.
Why it matters
Mainland China still bans token fundraising, crypto trading and mining, and in February the People's Bank of China and seven other agencies tightened those rules, including a ban on unauthorised yuan-pegged stablecoins. Large crypto gatherings there are therefore closely managed by local authorities, and attendance caps are taken seriously. Separately, TechFlow reported that a company called Shanghai Solana Enterprise Management Co. has been registered, with Solana's China co-head Du Yanjing as legal representative — a sign the foundation still intends to build a local presence.
The reports did not say what happens to the final stop in Beijing, listed for October 22. The disruption comes in a busy week for the network, which is preparing its Alpenglow upgrade and has just received a Fidelity health check on its resilience.
This article is for information only and is not financial advice. Crypto assets are volatile; do your own research. Read our disclaimer
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