Solana partners with Dubai's VARA to enhance blockchain innovation and regulatory collaboration in the MENA region.
SOL price increased by 4% to approximately $156.64 post-partnership, showing renewed investor confidence and potential rise to $200.
Analysts observe bullish technical signals for SOL, with expectations of reaching $200, supported by increased long-term holding of SOL tokens.
Solana's partnership with VARA signifies a strategic move for global expansion, aligning with Dubai's progressive regulatory environment and nurturing blockchain talent in the region.