Forward Industries, a Solana-focused treasury company, has launched a 0%-fee validator node in partnership with DoubleZero and using Galaxy and Jump Crypto's Firedancer client. The validator is expected to rank among the top ten Solana validators globally and offers zero-commission staking. The collaboration aims to strengthen Solana's institutional backbone and enhance speed and scalability across the Solana ecosystem.
Forward Industries, a prominent Solana-focused treasury company, has recently unveiled a validator node on the Solana blockchain. This move marks a significant step in the company's strategic initiative to bolster the Solana ecosystem and enhance its institutional backbone.
The validator, built on DoubleZero, a high-performance global network designed to improve blockchain systems, allows investors to delegate their staked SOL tokens to Forward Industries at zero cost. The validator utilizes Jump Crypto’s Firedancer client and is integrated with Galaxy, both of which have been integral to Forward’s Solana-focused treasury strategy.
Forward Industries has staked all 6.8 million SOL tokens, valued at approximately $1.5 billion, to the new validator. This move comes nearly a month after the company completed a $1.65 billion private investment round to build out its Solana treasury, now the largest among publicly traded companies. The validator is expected to rank among the top ten on the Solana network by stake, reflecting Forward’s commitment to the ecosystem.
The collaboration with DoubleZero aims to optimize validator performance by boosting speed, bandwidth, and efficiency. Forward Industries and DoubleZero plan to work together to test network configurations that minimize latency and maximize throughput, aligning with Solana’s performance-driven design. This partnership underscores Forward’s vision to make decentralized finance more dependable for enterprise participants seeking scalable and efficient validation.
The validator’s zero-commission model allows delegators to stake their SOL without additional costs, opening up participation to a broader range of investors. Crypto investor Kyle Chassé highlighted this development on social media, noting that it represents a major step in Solana’s staking growth.
Forward Industries’ chairman, Kyle Samani, emphasized that the partnership with DoubleZero helps ensure Solana maintains its edge in institutional adoption. The company’s ongoing infrastructure efforts aim to deliver high-speed validation, enhancing Solana’s reliability for global finance use cases.
This development signifies a shift for Forward Industries from a capital participant to an active ecosystem contributor. By entering Solana’s core infrastructure layer, Forward Industries signals its long-term commitment to the Solana ecosystem and its vision for a decentralized future with enterprise-level standards.
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