Mars Finance reports that Kristin Smith announced on the social platform X that she will officially step down as CEO of the Blockchain Association on May 16, 2025, and join Solana on May 19 as the President of the Solana Policy Institute, leading its policy strategic layout. Smith reviewed the industry advocacy and regulatory dialogue she led during her tenure and stated that although she will leave her current position, this is not a farewell to the crypto industry, but a "change of perspective". Currently, the Blockchain Association's board of directors has initiated the selection process for a new CEO.