{"id":4484,"date":"2025-09-16T10:43:12","date_gmt":"2025-09-16T10:43:12","guid":{"rendered":"https:\/\/dailystreetchronicle.com\/index.php\/2025\/09\/16\/corporate-treasuries-add-17-1-million-solana-to-balance-sheets\/"},"modified":"2025-09-16T10:43:12","modified_gmt":"2025-09-16T10:43:12","slug":"corporate-treasuries-add-17-1-million-solana-to-balance-sheets","status":"publish","type":"post","link":"https:\/\/dailystreetchronicle.com\/index.php\/2025\/09\/16\/corporate-treasuries-add-17-1-million-solana-to-balance-sheets\/","title":{"rendered":"Corporate Treasuries Add 17.1 Million Solana to Balance Sheets"},"content":{"rendered":"

The post Corporate Treasuries Add 17.1 Million Solana to Balance Sheets<\/a> appeared first on Coinpedia Fintech News<\/a><\/p>\n

The crypto market<\/a> is moving cautiously today, with most major tokens trading in a consolidation phase. Bitcoin (BTC) is hovering near $115,729, steady after its recent gains. Ethereum (ETH) is trading at $4,513, despite gains, it is reflecting some hesitation among investors. Meanwhile, Solana Price is showing resilience around $234, holding firm despite overall market uncertainty. Other top tokens like XRP and Cardano (ADA) are mixed, mirroring a wait-and-see mood ahead of key U.S. economic updates.<\/p>\n

Why Solana?<\/strong><\/h2>\n

While Bitcoin continues to dominate headlines<\/a>, Solana is quietly stealing the spotlight. The token\u2019s assets under management (AUM) have surged to a record $4.1 billion, driven by growing inflows into Solana-linked ETFs and ETPs. Just last week, these funds posted $145 million in daily inflows, the highest on record, marking 14 straight weeks of growth.<\/p>\n

This momentum reflects Solana\u2019s rising reputation among institutions. With its high speed, scalability, and growing DeFi ecosystem, SOL is emerging as a serious competitor to Ethereum.<\/p>\n

Big Firms Loading Up<\/strong><\/h2>\n

Corporate treasuries are also betting big. At least 17 companies <\/a>now hold 17.1 million SOL, worth more than $4 billion. Forward Industries is leading with 6.82 million SOL bought at an average of $232 per token, nearly $1.6 billion in value. Other major holders include Sharps Technology, Defi Dev Corp, Upexi Inc., and Galaxy Digital.<\/p>\n

Galaxy CEO Mike Novogratz<\/a> has praised Solana\u2019s unmatched speed, suggesting it could power the next generation of global markets. Backing this belief, Forward Industries has pledged to stake a portion of its holdings and use Solana-native venues to earn yield while keeping trades on-chain. With over 6 billion daily transactions, Solana already processes activity far beyond traditional global markets, strengthening its case as a settlement layer for large-scale finance.<\/p>\n

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