Solana launches research institute in Switzerland to target Europe

Solana has established the Solana Research Institute (SRI), a new research facility based in Switzerland, Cointelegraph reported. The SRI aims to help companies evaluate and adopt public blockchains amid evolving regulatory landscapes, such as Europe's Markets in Crypto-Assets (MiCA) framework and a U.S. stablecoin bill referred to as GENIUS. The outlet noted that the move is seen as a strategic step toward entering Europe's institutional financial market.