Solana opens Shanghai office and promotes brand on city skyline, drawing comment from CZ

The Solana Foundation opened an office in Shanghai and displayed Solana branding across the city skyline, a move noted by Binance founder Changpeng Zhao (CZ) who stated that BNB Chain has not achieved a similar presence in China so far. This expansion is part of a wider Solana campaign, including the Solana Accelerate China event series in Shanghai, Hangzhou, Shenzhen, and Beijing. While mainland China has banned crypto trading since 2021, the ban targets trading and token sales, not blockchain technology itself, potentially allowing foreign foundations like Solana to operate in this space.