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Altcoins & DeFi

Solana postpones Shanghai Accelerate event after registrations exceed city limits

Image: CoinTurk News

Solana Foundation postponed its Accelerate event in Shanghai after pre-registration numbers far surpassed the limit set by local authorities, according to Solana Foundation President Lily Liu. Lily Liu stated that event registrations quadrupled overnight following widespread publicity. In a post on X, she emphasized that the organizers decided to postpone the event to ensure compliance with local regulations. The foundation took immediate action after realizing the registration figures would breach the maximum attendance allowed by city officials. Reports from X users emerged on Friday, describing scenes of law enforcement officers present at the venue and indicating that the event was “abruptly suspended” as a result. Participants arriving at the scheduled location found entry and activities halted amid the mounting presence of authorities.

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