The Solana Accelerate APAC event in Shenzhen was abruptly halted by police on October 28, 2025, due to overcrowding and public safety concerns, canceling the final demo session.
The incident highlights growing grassroots support for Solana in China, despite a stringent regulatory environment, as evidenced by a 15% rally in Solana's token following the event's cancellation.
The Solana Accelerate APAC event in Shenzhen was abruptly halted on October 28, 2025, due to significant overcrowding and public safety concerns. Police intervened, leading to the cancellation of the final hackathon demo session and other scheduled activities.
Solana Foundation Addresses Event Disruption
Representatives from the Solana Foundation, including Chairwoman Lily, were present. "Attendance at the Accelerate APAC Shenzhen event significantly exceeded expectations. The final demo session was canceled due to public safety concerns after police conducted a routine inquiry following reports," said Lily of the Solana Foundation. The event was organized by Solar, a leading Solana community group, actively coordinating local developer events amid a tightening regulatory environment in China.
$SOL Price Surges 15% Following Event Disruption
Attendance exceeded expectations, which prompted police action. Despite the disruption, $SOL rallied 15% in the following days, reflecting market confidence. On-chain data indicates no negative sentiment or immediate financial repercussions.
Regulatory and financial implications remain uncertain. China's strict stance on cryptocurrencies could influence future events. Historically, similar occurrences in China have led to increased scrutiny but did not severely impact token prices or technical operations.
Chinese Police Inquiries Affect Crypto Events Beyond Solana
Routine police inquiries have previously affected crypto conferences in China, like Ethereum events in 2023. These actions are often due to public safety and regulatory concerns, with minor technical and token price impact unless broader crackdowns follow.
Experts emphasize China's paradox: a strict official stance versus a surging grassroots interest. Current trends in development threads reflect resilience in the Solana ecosystem, indicating potential for continued growth despite regulatory challenges.