Markets › News › Exchanges

Binance Resumes Solana Token Withdrawals After Security Incident

Binance has re-enabled withdrawals for Solana-based assets following a major security incident.

Binance has re-enabled withdrawals for Solana-based assets following a major security incident. Tether (USDT) is trading at ₹94.99 ($0.9994). This is an original Token Times brief based on reporting by Coinfomania, with live market data added, as of Sun, 01 Nov 2026 13:15:01 UTC.

Why it matters

The restoration of withdrawals for Solana tokens, including stablecoins USDT and USDC, is crucial for restoring user confidence and normal operations on the platform after a significant security breach.

Key takeaways
  • Binance has resumed withdrawals for SOL, USDT, and USDC on the Solana network.
  • The move follows a major security incident that had previously halted operations.
  • USDT and USDC have circulating supplies of $179.7B and $71.78B respectively.

Binance has announced the resumption of withdrawals for Solana-based tokens, including SOL, USDT, and USDC, following a significant security incident that had previously disrupted operations.

The re-enabling of withdrawals is a critical step in restoring normal service on the platform and addressing user concerns after the security breach.

The stablecoins USDT and USDC, which are widely used on the Solana network, have circulating supplies of $179.7 billion and $71.78 billion respectively, according to DeFiLlama.

The broader crypto market remains relatively stable, with a total market cap of $2.68 trillion and a Fear & Greed index of 34, indicating a sentiment of fear among investors.

Solana's native token SOL has seen a slight decline of 0.49% in the past 24 hours, currently trading at $95.27, while USDT and USDC have remained relatively stable.

Market reaction since this brief Live

Since this brief published about 1 hour ago, Tether (USDT) has moved from ₹95.00$0.9995 to ₹94.99$0.9994 — -0.01%.

$0.999$0.999$0.999$0.999$1 published · $0.999 now · $0.999 (-0.01%) Nov 1 11:53 UTC Nov 1 13:15 UTC
BeforeSince publishPublished · ₹95.00$0.9995
CoinAt publishNowSince publish
USDT₹95.00$0.9995₹94.99$0.9994-0.01%
USDC₹95.05$1.00₹95.04$0.9999-0.01%
SOL₹9,055.42$95.27₹9,014.55$94.84-0.45%

The chart plots USDT's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in rupee

At today's peer-to-peer rate, 1 USDT ≈ ₹104.59 (about $0.9994), up 0.0% over 24 hours. The rupee itself trades about 10.1% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.

USDT
#3
₹94.99$0.9994 ▲ 0.01%
7d +0.03%MCap ₹17.11TFull USDT data →
USDC
#6
₹95.04$0.9999 ▲ 0.01%
7d +0.03%MCap ₹6.80TFull USDC data →
#7
₹9,014.55$94.84 ▼ 0.90%
-0.45% since this brief published
7d -6.37%MCap ₹5.32TFull SOL data →
The market when this published · November 1, 2026
Total market cap₹255.09T
Bitcoin 24h+0.44%
Ethereum 24h+1.01%
BTC dominance58.3%
Fear & Greed34 · Fear
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · November 1, 2026.

USDT circulating supply$179.69BDeFiLlama ↗
USDC circulating supply$71.72BDeFiLlama ↗

Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

Binance Resumes Solana Token Withdrawals After Security Inci — questions & answers

What caused the withdrawal halt on Binance for Solana tokens?

The withdrawal halt was due to a major security incident, though specific details of the incident have not been disclosed.

How much is the circulating supply of USDT and USDC?

USDT has a circulating supply of $179.7 billion, while USDC's supply is $71.78 billion.

What is the current market sentiment for crypto?

The Fear & Greed index stands at 34, indicating a sentiment of fear among investors.

How much is 1 Tether worth in rupee today?

About ₹104.59 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.9994. The rupee price moves with both USDT's US-dollar price and the USDT/INR rate; use our Tether in rupee page for any amount.

Which outlets reported this story?

This is an original Token Times brief that synthesises reporting from Coinfomania. It is not a copy of any one article — follow the source links above for the original reporting.

In this storyBinance Company
Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · November 1, 2026 ⛓ Timestamped at Bitcoin block #974,123 sha256:30288d2181a9245b
Based on reporting by Coinfomania — this is an original Token Times summary with live market data, not the original article.Coinfomania · Nov 1 11:53 ↗

Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.