Can Solana Economic Zone Turn Astana into Central Asia’s Web3 Hub?
Kazakhstan introduces Solana Economic Zone in Astana to make it possible for tokenized financing, on-chain securities, and real-time capital markets integration. MOU with Solana Structure tasks Digital Development Ministry to deliver blockchain engineering education and designer training nationwide programs. The post Can Solana Economic Zone Turn Astana into Central Asia’s Web3 Center?
Kazakhstan launches Solana Economic Zone in Astana to make it possible for tokenized financing, on-chain securities, and real-time capital markets integration. MOU with Solana Structure jobs Digital Development Ministry to deliver blockchain engineering education and developer training nationwide programs. Kazakhstan has opened the very first Solana Economic Zone in Central Asia, aiming to bring tokenized financing and Web3 advancement to its capital markets. The statement at the Astana International Forum 2025 marked a brand-new chapter for the nation’s digital technique. Regional regulators signed a memorandum of understanding with the Solana Foundation to roll out facilities support for startups, regulative guidance and educational programs. The Solana Structure has signed an MOU with Kazakhstan’s MDAI following the launch of the first Solana Economic Zone in Central Asia. This partnership will advance tokenized capital markets, crypto developer education, and resources for Solana start-ups based in the region. pic.twitter.com/TgR0SDN66H— Solana (@solana) June 21, 2025
Under the collaboration, Kazakhstan’s Ministry of Digital Development will work with Solana to provide an across the country curriculum in blockchain engineering. Training sessions will prepare designers to develop on Solana’s high-speed network. Meanwhile, capital market authorities prepare to pilot tokenized bonds and equity, equating conventional securities into on-chain instruments that settle in real time. The zone will likewise provide incentives– such as tax breaks and streamlined licensing– to international Web3 companies. Companies that establish research study laboratories or data centers within the zone will gain access to low-latency connections and on-site regulatory support. Organizers expect this to draw in procedure teams, DeFi operators and NFT marketplaces looking for a clear legal framework.
Solana (SOL) itself has seen growing institutional interest, trading near $147 with a market cap around $77 million since June 2025. The network’s throughput and low fees have brought in tasks varying from decentralized exchanges to real-time video gaming platforms. In the United States, Wyoming has actually even slated a state-issued stablecoin on Solana for August, signaling confidence in the chain’s capability for monetary applications. Kazakhstan’s wider crypto agenda also includes a pilot reserve bank digital currency and a just recently launched crypto payment card. By combining tokenized possessions, an experienced developer base and clear regulations, Kazakhstan positions itself as a regional leader in crypto finance.
Solana (SOL) is trading at $136.03, marking a +6.80% boost in the last 24 hr, following a number of days of sharp correction. Regardless of this intraday recovery, SOL is still down -13.01% over the last 7 days, underperforming both the more comprehensive crypto market and the wise agreement platform sector. The marketplace cap now sits at roughly $72.5 billion, putting Solana as the # 6 largest cryptocurrency by market capitalization. Solana’s strong bounce today follows a restored wave of ecosystem activity and institutional integration, most especially the statement that Fiserv, a Fortune 500 monetary technology company, will release a stablecoin on Solana in partnership with Paxos and Circle. At the technical level, SOL has actually regained traction above the $130 mental zone after briefly dipping near $127, where high-volume support was discovered. It is attempting to reclaim the 50-day EMA, and if today’s momentum sustains, a push towards $142–$150 is possible.
RSI has actually gone up from oversold area, and trading volume has risen to over $4.5 billion, showing strong interest at present levels. Fundamentally, Solana continues to demonstrate rapid ecosystem growth. New integrations such as Solang, a compiler that brings Ethereum’s Solidity programming compatibility to Solana, goal to reduce friction for developers migrating from Ethereum. Furthermore, enhancements in validator client diversity, with the emergence of Jito, Firedancer, and Sig, aid strengthen Solana’s network resilience, resolving past issues associated with chain outages. The post Can Solana Economic Zone Turn Astana into Central Asia’s Web3 Center? appeared first on ETHNews.
Kazakhstan releases Solana Economic Zone in Astana to enable tokenized finance, on-chain securities, and real-time capital markets integration. MOU with Solana Foundation tasks Digital Development Ministry to provide blockchain engineering education and designer training across the country programs. Kazakhstan has opened the very first Solana Economic Zone in Central Asia, aiming to bring tokenized finance and Web3 development to its capital markets. Local regulators signed a memorandum of understanding with the Solana Foundation to roll out infrastructure support for start-ups, regulatory assistance and educational programs. The Solana Foundation has signed an MOU with Kazakhstan’s MDAI following the launch of the first Solana Economic Zone in Central Asia. This partnership will advance tokenized capital markets, crypto developer education, and resources for Solana start-ups based in the area. The market cap now sits at roughly $72.5 billion, placing Solana as the # 6 largest cryptocurrency by market capitalization. Solana’s strong bounce today follows a restored wave of ecosystem activity and institutional integration, most significantly the statement that Fiserv, a Fortune 500 monetary innovation firm, will launch a stablecoin on Solana in partnership with Paxos and Circle.
