Solana Native Treasury Model Surges 4,408% as Bitcoin Debt Strategy Faces Scrutiny

Corporate treasury strategies are evolving as traditional finance and cryptocurrency converge, with two distinct approaches gaining traction. The first approach involves purchasing Bitcoin and holding it, often leveraging debt to acquire more. The second approach, more recently developed, focuses on buying Solana and generating yield through native chain-on-chain treasury mechanics.
MicroStrategy, a prominent advocate of the Bitcoin treasury strategy, holds over $62 billion in Bitcoin, primarily funded through debt, including multiple convertible bond issuances. While this strategy has been widely praised, it is now facing scrutiny. At the DigiAssets Conference, Anthony Scaramucci warned that the current wave of debt-backed Bitcoin buying resembles the SPAC
of 2020-2021, which could lead to significant volatility if companies are forced to sell Bitcoin to cover debts. Swiss bank Sygnum echoed similar concerns, noting the risk of cascading liquidations if Bitcoin prices fall while debt obligations come due.In contrast, Canadian
Corp has adopted a different strategy within the Solana ecosystem. Instead of issuing bonds to buy tokens, the company is building a self-sustaining, yield-generating treasury. Launched in April, the company already holds a 620,000 SOL reserve worth $90 million. In May, they purchased a Solana validator set, allowing all purchased SOL to be instantly staked and generate more yield. This strategy has been successful, with the company's stock ($DFDV) up 4,408% so far this year. Another Canadian company, SOL Strategies, has also filed with the SEC to list on the NASDAQ, indicating growing interest in this approach.Solaxy, preparing to launch the first true Solana Layer-2, could further accelerate the Solana-native treasury model. By offering Ethereum's infrastructure and scalability in addition to SOL's native low costs and speed, Solaxy could attract a wide range of DeFi projects and meme coins. The Testnet is already live, with the full launch schedule running into July and including the expansion of the Solana-Ethereum bridge to Solaxy. The schedule concludes on July 21, 2025, with the debut of the Solaxy Igniter, a meme coin launchpad. The $SOLX token is available for $0.001766 for the next four days as part of the last chance to buy between the presale and token launch. According to the analyst's forecast, the token could reach $0.025 by the end of the year, delivering 1300% returns to current investors.
As the Bitcoin treasury strategy faces growing scrutiny, the Solana-native approach offers a more organic and resilient alternative. With Solaxy poised to supercharge the Solana ecosystem, the future of crypto treasuries may lie in native, yield-generating models that leverage the full potential of blockchain technology.

Comments
No comments yet