Solana outperforms Bitcoin over four years, says Pantera's Dan Morehead.

Solana has outperformed bitcoin over the past four years, according to Dan Morehead, founder of Pantera Capital. Morehead highlights Solana's strong performance and the launch of a new Solana digital asset treasury company. He also discusses the competition between Ethereum and Solana, as well as his predictions for the future of cryptocurrency.

Newtown, PA — Helius Medical Technologies, Inc. (NASDAQ: HSDT) has announced a significant milestone in its strategic partnership with Pantera Capital and Summer Capital, securing over $500 million in funding to launch the Solana (SOL) Treasury Company. This initiative is set to bolster Solana's growth by unlocking capital markets and leveraging the blockchain's native yield-generating properties Helius (NASDAQ:HSDT), in Partnership with Pantera Capital and Summer Capital Announces Over $500 Million in Funding to Launch SOL Treasury Company^[1].

The funding round was led by institutional and crypto-native investors, including Pantera Capital, Summer Capital, Big Brain Holdings, Avenir, and others. The proceeds will be used to implement a digital asset treasury strategy and acquire SOL, the native cryptocurrency of the Solana blockchain. This move is part of Helius's broader objective to accelerate Solana's adoption and integration into the financial ecosystem.

The treasury strategy will be spearheaded by an experienced leadership team, including Joseph Chee, incoming Director and Executive Chairman of Summer Capital, and Dan Morehead, Founder and Managing Partner of Pantera Capital. Chee, a former head of investment banking in Asia at UBS, and Morehead, a pioneer in the digital asset space, bring decades of expertise in global capital markets and digital assets.

According to Morehead, Solana has outperformed Bitcoin over the past four years, highlighting its potential as a foundational blockchain for a new financial system. He emphasized that the SOL Treasury Company aims to increase institutional and retail access to the Solana ecosystem, thereby fueling its global adoption.

The SOL Treasury Company will focus on building an initial SOL position and scaling holdings over the next 12-24 months. It will also evaluate staking, lending, and other opportunities within the Solana ecosystem to generate revenue while maintaining a conservative risk profile.

The transaction overview includes over $500 million in proceeds from a private investment in public equity, along with an additional $750 million in stapled warrants. The closing of the offering is expected on or around September 18, 2025, subject to customary closing conditions.

Upon closing, Helius Medical Technologies will continue to trade on the Nasdaq Capital Market under the ticker "HSDT," with the treasury strategy effective immediately. The company will emphasize transparency, engagement with the Solana ecosystem, and community involvement.

The strategic partnership and funding round underscore the growing interest in Solana's potential and its competitive edge over other blockchains like Ethereum. Morehead's predictions for the future of cryptocurrency align with the broader trend of blockchain technology's integration into mainstream finance.