The impending Solana options expiry could amplify market volatility, influencing broader crypto sentiment amid significant Bitcoin and Ethereum settlements. 65% of Deribit's Solana options open interest is set to expire on September 25.
SOL rose from $113 over four hours and gained 2.32% over 24 hours as short liquidations reached $2.23 million in one hour.
The launch took place Sept. 24 and places ZAMA on the Solana network through Sunrise.
Solana price rebounded to about $116 on Sep. 24 after falling from a recent high near $120.
The Solana Foundation has appointed former Binance executive Rachel Conlan as chief strategy officer and Polygon Labs veteran Jamal Raees as general manager of payments as the network builds out its institutional and payment business after processing more than $5
TL;DR Solana developers have advanced SIMD-0112 through core review as part of work aimed at reducing block-propagation latency. The proposal is approved for implementation work but is not yet a fully deployed mainnet feature.
Solana's strategic hires signal a robust push towards becoming a key player in institutional crypto payments, emphasizing security and growth. Solana Foundation appoints Rachel Conlan and Jamal Raees to lead strategy and payments push.
Solana's leadership changes could accelerate institutional adoption and payment solutions, potentially influencing market dynamics and growth. Solana Foundation appoints new leaders for institutional growth, payments focus.
Solana's strategic hires aim to enhance institutional engagement, potentially boosting its market position and ecosystem growth long-term. Solana hires ex-Binance CMO to boost institutional strategy.
The company would sell 3,125,000 shares at $8 each, while Solana Company, DeFi Development Corp. and Upexi disclose sizable SOL holdings.
Rachel Conlan arrives as chief strategy officer and Polygon Labs' Jamal Raees takes over payments, both recruited from elsewhere in crypto.
Solana Foundation appointed Rachel Conlan as chief strategy officer and former Polygon Labs exec Jamal Raees as GM of payments.