Binance Resumes Solana Token Withdrawals After Security Incident
Binance has re-enabled withdrawals for SOL, USDT, and USDC on its platform following a recent security incident.
Binance has re-enabled withdrawals for SOL, USDT, and USDC on its platform following a recent security incident. Tether (USDT) is trading at $0.9994. This is an original TLT brief based on reporting by Coinfomania, with live market data added, as of Sun, 01 Nov 2026 13:00:05 UTC.
The resumption of withdrawals signifies a return to normal operations for Binance's Solana ecosystem, impacting millions of users and billions in market value.
- Binance re-enables withdrawals for SOL, USDT, and USDC on its platform.
- USDT and USDC have a combined market cap of over $250B.
- Solana's SOL token is currently trading at $95.27, down 5.35% over the past week.
- Binance Confirms Security Incident as Billions Exit Exchange
- Binance Pauses Withdrawals Amid Suspected $3.3B-$5.8B Security Breach
- First Digital Freezes $3.4M FDUSD Linked to Binance Security Incident
- Solana Approaches Oversold Levels Amidst FBI's North Korea-Linked Binance Hack Probe
- Binance Resumes Withdrawals in Phases as BNB Stabilizes Near $707
- Binance Resumes Key Stablecoin and Token Withdrawals Post-Hack
- Binance Resumes Solana Token Withdrawals After Security Incident — this brief
Binance has announced the re-enabling of withdrawals for 
Solana-based tokens, including SOL, USDT, and 
USDC, following a recent security incident that prompted the suspension.
The re-enabling of withdrawals is a crucial step in restoring normal operations for Binance's Solana ecosystem, which is used by millions of users worldwide.
USDT and USDC, the two largest stablecoins by market cap, have a combined circulating supply of over $250B, according to DeFiLlama. USDT is currently trading at $0.999493, while USDC is at $1, both showing minimal 24-hour changes.
Solana's SOL token, which was also impacted by the incident, is currently trading at $95.27, down 0.49% in the last 24 hours and 5.35% over the past week. The token's market cap stands at $56.22B.
The broader crypto market remains relatively flat, with a total market cap of $2.68T. 
Bitcoin is up 0.44% in the last 24 hours, while the Fear & Greed index remains in 'Fear' territory at 34.
Since this brief published about 1 hour ago, Tether (USDT) has moved from $0.9995 to $0.9994 — -0.01%.
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 TLT'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 USDT ≈ ₦1,374.2 (about $0.9994), up 0.0% over 24 hours. The naira itself trades about 2.2% above the official rate on the P2P market, so a Nigerian 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.
Figures and sectors in this story, checked live against on-chain aggregators · November 1, 2026.
TLT 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 security incident prompted the withdrawal suspension?
The specific details of the security incident have not been disclosed by Binance.
How long were withdrawals suspended for Solana tokens?
The duration of the suspension has not been specified in the report.
What is the current market cap of Solana's SOL token?
Solana's SOL token has a market cap of $56.22B.
How much is 1 Tether worth in naira today?
About ₦1,374.2 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.9994. The naira price moves with both USDT's US-dollar price and the USDT/NGN rate; use our Tether in naira page for any amount.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Coinfomania. 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 TLT 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.