Solana Foundation Appoints Binance and Polygon Veterans
Solana (SOL)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that the Solana Foundation has appointed Rachel Conlan as chief strategy officer and Jamal Raees as general manager of payments. The Zug, Switzerland-based non-profit announced the hires on September 24. This move pairs a former Binance marketing chief with a Polygon Labs payments veteran as more financial activity moves onto the chain.
How the market reacted
Whalio's own Binance spot order flow for SOL, measured when this story was written up on 25 September 2026. Not the outlet's figures.
Solana is trading at $117.04 with a 1-hour buy ratio of 54.6% and a 4-hour buy ratio of 54.2%, both indicating that buyers are currently in control. These short-term figures are higher than the 24-hour buy ratio of 49.8%, suggesting that buying pressure is building rather than fading. The 1-hour volume delta is positive at +$860,535, while the 4-hour delta stands at +$3,538,437, showing net inflows over these periods. However, the 24-hour volume delta is negative at -$1,165,775, indicating that net outflows have dominated the full day so far. The Cumulative Volume Delta closed at +$2,242,452, and spot volume reached $299,095,254 across 886,423 trades.
The latest daily buy ratio of 48.8% sits at the 27th percentile of the last 322 days, against a median of 50.0% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for SOL, averaged over the days leading up to the story.
Over the preceding week, the buy ratio averaged 50.2%, making today's 24-hour ratio of 49.8% slightly below the average by 0.4 points. Volume was 0.83x the average, indicating a quieter trading session compared to recent norms. The price has risen 15.2% over eight days, supported by a total volume delta of +$24,420,543. Net buying occurred on 4 of the 7 days, showing a mixed but generally positive trend over the week.