News Summary

• Rachel Conlan and Jamal Raees join as Solana aims to court institutions moving payments and assets onchain.
• Conlan will lead strategy across institutional partnerships, ecosystem growth and efforts to bring more companies onto Solana.
• Raees joins from Polygon Labs, the development organization behind the Polygon network (POL) The Solana chain has processed more than $5 trillion in stablecoin volume so far this year, Allium data shows.
• Meanwhile, tokenized assets on the network reached $4.5 billion, according to RWA.xyz.