Shanghai opener of Solana's China tour stalls over overcrowding concern. * Solana postponed the Shanghai opener of its Accelerate China tour on Friday after attendees reported law-enforcement officers at the Shangri-La hotel. * Organizers cited venue logistics and Foundation president Lily Liu pointed to registrations that overran the cap. * It is the second disruption of a Solana event in mainland China in under a year. Solana Foundation President Lily Liu announced on Friday, October 16, that it has canceled the Solana Foundation event slated for the same day in Shanghai to kick off its Accelerate China developer tour. The post on the morning of the event pointed to venue logistics, with registrations running well past the event cap, as the reason the day's panel would not hold. Attendees at the venue also reported law enforcement presence at the Shangri-La hotel where the event was meant to be held. The October 16 Shanghai session was supposed to be the first of four mainland China stops. Did Solana cancel its Shanghai event? Guests who registered for the Solana Foundation's Shanghai event at the Shangri-La reportedly received an email from organizers that read: "this morning's agenda has been postponed" for "logistical considerations at the venue." The organizers apologized for the short notice and promised attendees they would be updated once a new schedule was set. The Solana Accelerate China website lists the October 18 Hangzhou event as the next on the schedule. Why did Solana cancel the Shanghai event? Social media accounts of attendees at the Shanghai event reported police presence. An attendee, posting on X as Olivia under the @knowyourself518 handle, wrote in a translated Chinese post that "There were 8 or 9 law enforcement officers on guard," and also reported that the event was suspended. Solana Foundation's Liu thanked the Chinese community for a "warm welcome" in a post on X. "Due to the publicity, event registrations quadrupled overnight, far exceeding the event cap," Liu wrote, focusing on the turnout rather than the disruption. Can Solana Foundation hold events in China? Binance co-founder Changpeng Zhao raised a question on many people's minds when he replied to Olivia's post with the question: "Looks like they really didn't know the local policies? But it's not the first time either, same thing happened less than a year ago." CZ's comments referenced the late October 2025 Solana Accelerate APAC event in Shenzhen that was disrupted after an on-site inquiry by local police. Organizers reportedly canceled the final hackathon, citing "public safety" due to overcrowding. The question lands just one day after CZ praised the Foundation's "amazing" feat of securing an office and advertising in China. Per the Binance founder, even BNB Chain had not managed that achievement. The Foundation lit Solana branding on the Shanghai skyline and promoted a Pudong office described as the highest commercially available workspace in the world. The People's Bank of China (PBOC) has outlawed crypto since at least 2021 in Mainland China. The other three stops stand for now. Solana's Accelerate China page lists Hangzhou on October 18, Shenzhen on October 20 and Beijing on October 22. Whether Hangzhou opens its doors on Sunday will be the next public signal on the tour's fate. SOL traded around $105.50, up nearly 4% on the day, per CoinMarketCap data. FAQs. Why was Solana's Shanghai event postponed? Organizers cited "logistical considerations at the venue," and Lily Liu said registrations quadrupled overnight past the event cap, while attendees separately reported law-enforcement officers at the Shangri-La hotel. What did CZ say about the Shanghai disruption? Are the other Accelerate China stops still happening? Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. Cryptopolitan strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions. Hannah is a writer and editor with nearly a decade of blog writing and event reporting experience in the crypto space. At Cryptopolitan, Hannah contributes to the news page, reporting and analyzing the latest developments in DeFi, RWA, crypto regulation, AI and frontier tech industries. She graduated from Arcadia university with a degree in Business Administration. TABLE OF CONTENT

Solana (SOL) would need a $607 billion market cap for a 10x by 2030, 24/7 Wall Street finds. A 10x for Solana by 2030 needs a $607 billion market cap, the shortest path among major coins, but ETF outflows and staking issuance make the climb hard. AI SummaryAI * A 24/7 Wall Street analysis on October 15 named Solana the easiest 10x by 2030, needing $607 billion. * A 10x would put Solana's market cap at $607 billion and its price at $1,029.80 per token. * Solana rebounded 40.02% over 60 days, leading XRP at 34.16% and Bitcoin at 29.89%. * US spot Solana ETFs hold about $1.66 billion, below XRP funds at roughly $1.8 billion. A $607 billion market cap for Solana. A tenfold rally in Solana (SOL) by 2030 would leave the layer-1 network with a $607 billion market cap and a price of $1,029.80 per token, and among the four largest crypto assets that is the shortest climb on the board. The call belongs to an analysis published Thursday by the investment publication 24/7 Wall Street, which measured Bitcoin (BTC), Ethereum (ETH), XRP and Solana against the familiar 10x target and found none of the four gets there easily; Solana simply needs the smallest move. Solana price action gives the framing context rather than proof: the asset has rebounded 40.02% over the past 60 days, ahead of XRP at 34.16%, Bitcoin at 29.89% and Ethereum at 29.44%, yet all four still trade below where they stood a year ago, a cycle COINOTAG News follow in its Solana coverage and across the wider Altcoin market. Starting size, the analysis argues, is what sets the difficulty, because the market cap rather than the coin price determines how much new money a 10x requires. Bitcoin sits at a $1.63 trillion market cap, Ethereum at $289 billion, XRP at $82.7 billion and Solana (SOL) at $60.7 billion, so tenfold valuations would demand $16.29 trillion, $2.89 trillion, $827 billion and $607 billion respectively, with target prices of $811,000, $23,682 and $13.1 for the first three. At the Bitcoin target, the piece notes, the asset would hold a large share of the $23.34 trillion in US M2 money supply recorded in August 2026, a comparison that shows how far the biggest targets sit from the money that exists. Whether that head start matters, the analysis adds, depends less on arithmetic than on who shows up to buy and how fast new supply lands, which is where the story turns. ETF outflows and a small buyer pool. The easiest path still runs through two structural problems: who would buy, and how much new supply keeps arriving. US spot Solana ETFs hold about $1.66 billion in net assets, with roughly $1.58 billion in cumulative net inflows, less than the roughly $1.8 billion across XRP funds and a fraction of the $104.83 billion in Bitcoin spot ETFs, which have collected about $56.96 billion cumulatively; Ethereum spot ETFs hold about $15.2 billion. Solana (SOL)$104.22 funds also posted net outflows on every trading day in the October 5-9 and October 12-14 windows, the stretch that ended a 14-week inflow streak. Supply is the other half, and the tokenomics work against the target: staking rewards keep releasing new SOL, leaving 589.3 million tokens circulating against a 635.8 million total, and the analysis warns that if the gap narrows while issuance continues, a $607 billion market cap would imply a price below $1,029.80 per token. XRP carries a parallel drag from Ripple's scheduled escrow releases, with 63.1 billion of a maximum 100 billion tokens in circulation, while Bitcoin's 20,098,593 coins against a hard 21 million cap and Ethereum's fee-burning mechanism leave those two with less dilution but much larger starting valuations. Drawdowns frame the recovery argument: Solana sits 64.89% below its all-time high, deeper than XRP at 64.06%, Ethereum at 52.12% and Bitcoin at 35.68% from its $126,080 peak, so much of Solana's theoretical 10x is ground regained rather than fresh demand. The sequencing the analysis sets out is explicit: Solana ETF flows must turn back to net inflows and push cumulative inflows past XRP's roughly $1.8 billion, the market cap must clear XRP's $82.7 billion, and Ethereum's $289 billion must then fall despite ongoing staking issuance. The $82.7 billion line. Where this leaves the market is a test that flow data can grade directly. While Solana funds bleed on every session and XRP funds hold the larger pool, Solana's smaller market cap is less a head start than a demand reading, and for now that reading is weak. If inflows return and the $82.7 billion line breaks and holds, the small-cap argument starts doing real work; if the outflows persist and Solana stays below XRP, the smallest cap on the board becomes the clearest sign that demand is not there. The recent rebound from the $100.62 low to near $106 covers only the first step of that climb, and the levels involved sit where its Solana technical analysis tracks them. Readers tracking the market in real time can follow live spot and futures prices on Bitget. Related tags. COINOTAG's editorial and research desk. AI-Assisted