Cointelegraph reported that Solana (SOL) has established Solana Research Institute (SRI), a Switzerland-based research facility. SRI is expected to help companies evaluate and adopt public blockchains amidst regulatory changes such as Europe's crypto asset regulation MiCA (Markets in Crypto-Assets) and the US stablecoin law GENIUS. The media analyzed that the establishment of this research institute is a stepping stone for entering the European institutional financial market.