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Solana Foundation appoints new leaders to boost institutional and payment growth after $5T stablecoin volume in 2026

Protocol Fundamentals
24 Sep 2026
Crypto news
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Bullish
Solana Foundation appoints new leaders to boost institutional and payment growth after $5T stablecoin volume in 2026

The Solana Foundation has appointed Rachel Conlan as chief strategy officer and Jamal Raees as general manager of payments to advance its institutional partnerships and payment infrastructure. Conlan will focus on expanding institutional finance and ecosystem growth, while Raees will lead efforts with payment companies leveraging Solana's fast and reliable blockchain. This move follows Solana processing over $5 trillion in stablecoin volume and surpassing $4.5 billion in real world assets in 2026. The foundation is also expanding in Japan and developing payment solutions integrating stablecoins and AI, signaling strong growth in blockchain-based finance and payments.

The Solana Foundation's institutional push is presented here with Pluang's market snapshot as of Sep 24, 2026 22:22 WIB: Among 50 major cryptocurrencies tradable on Pluang, 34 rose and 15 fell today. For example, ONE (Harmony) fell 18.17% to Rp45 with a typical hold time of 152 days and a Pluang order activity of 40% Sell / 60% Buy, contrasting with ETC (Ethereum Classic) which rose 14.55% to Rp180.008 despite a shorter hold time of 67 days and a higher sell order activity at 71%. BAL (Balancer) also increased 11.14% to Rp16.297 with a typical hold time of 85 days.

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