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

Protocol Fundamentals
24 Sep 2026
Crypto Briefing
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Bullish
Solana Foundation appoints new leaders to boost institutional growth and payments focus

The Solana Foundation has named Rachel Conlan as Chief Strategy Officer and Jamal Raess as General Manager of Payments to strengthen its institutional adoption and payment solutions. This move aligns with Solana's growing activity in stablecoin settlements and institutional use cases, signaling a strategic push to expand its ecosystem. Market sentiment shows cautious optimism about Solana's potential price rise in September, with a 49.2% chance of reaching $120. Observers will watch for further developments in partnerships and regulatory impacts that could influence Solana's growth and price trajectory.

Solana trades at Rp2.050.820 on Pluang as of Sep 24, 2026 20:26 WIB, down 0.89% in the last day. Its market cap stands at Rp1.193,03 trillion with a 24-hour volume of Rp83,44 trillion. The platform shows balanced order activity, split evenly between buyers and sellers, while typical hold time is 70 days.

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