Solana's Kamino Protocol Taps Yieldstreet Co-Founder Michael Weisz as New CEO
Solana (SOL)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that Michael Weisz, co-founder of Yieldstreet, has taken the helm at Kamino, a Solana lending platform managing $1.4 billion in assets. The protocol plans to establish New York headquarters and recruit senior executives including a CFO and legal counsel to pursue institutional growth.
How the market reacted
Whalio's own Binance spot order flow for SOL, measured when this story was written up on 16 September 2026. Not the outlet's figures.
Solana is trading at $96.88 with a 1-hour buy ratio of 50.2%, indicating a slight short-term preference for buyers. However, the 4-hour buy ratio sits at 47.8%, showing that buying pressure is fading over a slightly longer timeframe compared to the immediate hour. The 24-hour buy ratio remains at 47.8%, confirming that buyers are not in control over the full day. Volume delta reflects this shift, with a positive $16,627 in the last hour but a negative $1,669,397 over four hours. Over 24 hours, the net volume delta is -$12,363,420, meaning sellers have dominated the flow. The cumulative volume delta (CVD) for the 24-hour close is -$746,209, further confirming net selling pressure.
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 7-day average buy ratio was 48.5%, making today's 24-hour ratio of 47.8% slightly below the norm by 0.7 points. Spot volume for the day was $280,674,758, which is 1.37 times the weekly average, indicating unusually high activity. While volume is elevated, net buying days are scarce, with only 2 of 7 days showing net buying. The 8-day price change is -6.3%, and the total volume delta for that period is -$52,408,021. This suggests that despite higher-than-average trading volume, the coin has seen consistent net outflows and price decline over the week.