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.
Rachel Conlan will oversee institutional partnerships and ecosystem growth, while Jamal Raees will focus on stablecoins and tokenized deposits, following a wave of new partnerships.
Corporate balance sheets heavily reliant on SOL face significant risk of volatility, potentially leading to financial instability and market disruptions. Solana rallies to $120, boosting treasury stocks of Solana Company and others.
Solana's rapid growth in tokenized equities signals a transformative shift in financial markets, enhancing accessibility and liquidity. Solana surpasses 1 million tokenized equity holders for first time.
Solana currently trades at $116.87 following a sharp 21% rally across the past seven days. Despite this recent strength, the digital asset remains down 44% compared to its value twelve months earlier.
Fidelity's FSOL led daily inflows with $6.7414 million, while cumulative net inflows reached $1.486 billion.
The funds posted positive flows for a second straight trading day, lifting cumulative net inflows since launch to $1.471 billion.
USDC Treasury completed the mint at 8:50 p.m. ET Sept. 23, or 00:50 UTC Sept.
Holdings reached approximately 2.49 million SOL and equivalents as of Sept. 18 after 4.24% weekly growth.
Forward Industries (NASDAQ: FWDI) announced an institutional private placement to raise $25 million in gross proceeds through the issuance of 3,125,000 shares of common stock at a price of $8.00 per share.
The total value of real-world assets (RWA) recorded on the Solana network reached $4.6B as of September 23, 2026. The number of wallets holding RWA instruments on the blockchain stood at 685,850 holders on the same date. Circle leads the recorded volume with $7.5B, followed by Tether Holdings with $3.8B and BitGo with $1.6B.