Institutional Giants Bet $1.65 Billion on Solana’s Hidden Power

Solana (SOL) has seen a significant price surge in recent weeks, driven by growing institutional interest and the launch of new initiatives within its ecosystem. A key development was the announcement by Forward Industries, Inc. of a $1.65 billion private investment to fund a Solana-focused digital asset treasury strategy. The investment, led by Galaxy Digital, Jump Crypto, and Multicoin Capital, is the largest of its kind in the Solana space to date and signals strong confidence in the blockchain’s future potential. Kyle Samani of Multicoin Capital, who will serve as Chairman of Forward Industries’ board, emphasized that Solana’s resilience and high-performance capabilities remain underappreciated by many market participants, creating a unique opportunity for investors.

The surge in Solana’s value coincided with a rise in activity surrounding Mutuum Finance (MUTM), a decentralized lending protocol currently in its presale stage. According to recent reports, MUTM has attracted over 16,100 investors and has raised more than $15.4 million to date. The token has shown steady price appreciation, increasing from an initial presale price of $0.01 to $0.035. Experts have suggested that MUTM could deliver 30x returns, drawing comparisons to early-stage tokens like Solana and Aave, which experienced significant growth due to their utility and adoption rates. The presale is set to enter its next phase, with a price increase to $0.04 expected to attract further inflows from larger investors.

Several other developments in the Solana ecosystem have also contributed to the positive momentum. Sharps Technology Inc. announced it had acquired over 2 million SOL tokens, valued at more than $400 million, for its treasury. Similarly, DeFi Development Corp. (DFDV) added to the growing trend by purchasing 196,141 SOL tokens for $40 million. These moves by public companies highlight a broader trend of traditional financial institutions and publicly traded firms allocating capital to digital assets, particularly within the Solana network.

The institutional backing of Solana has not gone unnoticed in the broader crypto market. Analysts have pointed out that Solana’s hybrid blockchain architecture, combining Proof-of-Stake (PoS) with its unique Proof-of-History (PoH) mechanism, allows for faster and more cost-effective transactions compared to traditional blockchains like Ethereum. This has made Solana an attractive platform for decentralized applications (dApps), NFTs, and DeFi protocols. As more projects launch on Solana, the network’s throughput and scalability continue to improve, reinforcing its position as one of the most performant blockchains in the industry.

Looking ahead, the convergence of institutional investment, growing DeFi adoption, and strong price performance has positioned Solana for continued growth. Forward Industries plans to host regular updates on its Solana treasury activities, while DeFi Development Corp. has scheduled a Solana investor event for November 2025 in New York City. These developments suggest that the momentum around Solana is likely to continue into the coming months, with further institutional and retail participation expected to drive value appreciation for SOL and related projects.

Source:

[1] $1.65 Billion: Solana Gets Its First 10-Figure Treasury Fund (https://finance.yahoo.com/news/1-65-billion-solana-gets-105421890.html)

[2] Over 16000 Investors Have Already Backed Mutuum ... (https://www.mitrade.com/insights/news/live-news/article-3-1102012-20250907)