Solana Ad Pulled in China Minutes After Launch
A Solana advertisement was removed in Shanghai within 10 minutes of appearing, with Binance's CZ implicated in the incident.
A Solana advertisement was removed in Shanghai within 10 minutes of appearing, with Binance's CZ implicated in the incident. Solana (SOL) is trading at ₹9,821 ($103.26), down 0.4% since this brief published. This is an original Token Times brief based on reporting by BeInCrypto, with live market data added, as of Sat, 17 Oct 2026 17:45:01 UTC.
The incident highlights the ongoing regulatory challenges for crypto companies in China and the potential influence of prominent figures in the space.
- Solana ad was removed in Shanghai within 10 minutes of launch.
- CZ denies his social media post triggered the ad's removal.
- Incident underscores China's strict crypto regulations.
- Solana Establishes Office in Shanghai Amid China's Crypto Restrictions
- Solana Ad Pulled in China Minutes After Launch — this brief
A 
Solana advertisement was removed in Shanghai within 10 minutes of its launch, according to Binance CEO Changpeng 'CZ' Zhao. The incident has sparked debate about the reasons behind the ad's sudden removal.
CZ took to social media to discuss the matter, suggesting that his own posts might have been the catalyst for the ad's removal. However, he firmly rejected the notion that his actions were responsible.
The incident has drawn attention to the strict regulatory environment for cryptocurrencies in China. The country has maintained a hardline stance on crypto, banning trading and initial coin offerings in 2017.
Solana (SOL) has faced its own set of challenges recently, with the network experiencing outages and performance issues. Despite this, SOL remains one of the top cryptocurrencies by market cap.
At the time of writing, the total crypto market cap stands at $2.8 trillion, with 
Bitcoin showing a slight 24-hour gain of 0.09%. Solana (SOL) is trading at $103.66, down 0.04% in the last 24 hours and 6.24% over the past week.
Since this brief published about 2 hours ago, Solana (SOL) has moved from ₹9,859.31$103.66 to ₹9,821.26$103.26 — -0.39%.
The chart plots SOL'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.
At today's peer-to-peer rate, 1 SOL ≈ ₹10,770.02 (about $103.26), down 0.9% over 24 hours. The rupee itself trades about 9.7% 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 asset in this story — live, source-stamped, updated every 15 minutes.
Solana Ad Pulled in China Minutes After Launch — questions & answers
Why was the Solana ad removed in Shanghai?
The exact reason for the ad's removal is unclear, but it was taken down within 10 minutes of appearing.
Did CZ cause the ad's removal?
CZ denies that his social media posts triggered the ad's removal.
What does this incident say about crypto regulation in China?
The incident underscores China's strict regulatory environment for cryptocurrencies.
How much is 1 Solana worth in rupee today?
About ₹10,770.02 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $103.26. The rupee price moves with both SOL's US-dollar price and the USDT/INR rate; use our Solana in rupee page for any amount.
Has Solana's price moved since this brief was published?
SOL is down 0.39% since this brief first published — trading at ₹9,821 ($103.26) now versus ₹9,859 ($103.66) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from BeInCrypto. It is not a copy of any one article — follow the source links above for the original reporting.
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.