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Solana Foundation hires Binance and Polygon execs amid faster block times and growth push

Protocol Fundamentals
24 Sep 2026
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Bullish
Solana Foundation hires Binance and Polygon execs amid faster block times and growth push

The Solana Foundation has appointed Rachel Conlan, former Binance global CMO, as chief strategy officer, and Jamal Raees from Polygon Labs as general manager of payments. These hires support Solana's focus on institutional adoption and expanding payments infrastructure. The network recently cut block times by 17% to 250 milliseconds, part of ongoing upgrades to improve speed and reliability. Solana is positioning itself for a "Token Supercycle," aiming to host liquid markets for real-world assets and stablecoins on its blockchain infrastructure.

Solana's market cap stands at Rp1.193,03 trillion with a 24-hour trading volume of Rp83,44 trillion on Pluang as of Sep 24, 2026 20:22 WIB. Despite the recent strategic hires and network upgrades, SOL's price is down 0.80% at Rp2.052.818. In comparison, Binance Coin (BNB) holds a larger market cap of Rp1.838,71 trillion and is up 0.32%, while Polygon's MATIC shows a smaller market cap of Rp59,96 trillion but a positive 0.85% price change. Typical hold times vary, with SOL held for 70 days, BNB for 88 days, and MATIC for 118 days on Pluang.

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Solana Foundation appoints new leaders to boost institutional growth and payments focus

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