Solana News Today: Solana's 7% Yields and Speed Drive Corporate Treasuries, Outpacing Bitcoin

Helius Medical Technologies, rebranded as HSDT Solana Company (NASDAQ: HSDT), has expanded its Solana (SOL) treasury to over 2.2 million tokens, valued at $525 million as of October 6, 2025, according to a company announcement. This accumulation surpasses the $500 million gross proceeds from its September private placement, underscoring aggressive corporate adoption of Solana as a strategic treasury asset. The firm also holds $15 million in cash, earmarked for further SOL purchasestitle10^[10].

The move aligns with a broader trend of publicly traded companies amassing Solana holdings. Institutional investors now control 3.1% of the circulating supply, with total treasury reserves exceeding $4.2 billion across 18 tracked entitiestitle9^[9]. Forward Industries leads with 6.8 million SOL ($1.69 billion), followed by DeFi Development Corp (2.03 million SOL, $462 million) and Sharps Technology (2.0 million SOL, $441 million)title3^[3]. Helius' strategy mirrors approaches taken by Bitcoin-focused firms like MicroStrategy, leveraging Solana's high throughput, staking yields, and DeFi infrastructuretitle10^[10].

Helius' rapid accumulation has drawn institutional interest, particularly in Asia, where digital asset conferences highlighted its role as a "regulated gateway" to Solana. Cosmo Jiang, a board observer at Helius and Pantera Capital partner, noted the firm's focus on "efficiently accumulating Solana to maximize shareholder value," a strategy he compared to Bitcoin treasury modelstitle10^[10]. The company's advisory board includes Arthur Hayes, co-founder of BitMEX, and has secured backing from firms like Pantera Capital and Summer Capitaltitle9^[9].

The surge in corporate Solana holdings reflects growing confidence in its ecosystem. Solana's network processes over 3,500 transactions per second, with 3.7 million daily active wallets and $17 billion in total value locked (TVL) as of September 2025title4^[4]. Staking yields of ~7% further enhance its appeal for institutional treasuries, contrasting with non-yielding assets like Bitcointitle10^[10]. Analysts attribute this momentum to Solana's technical upgrades, including the Alpenglow consensus overhaul, which reduced transaction finality to 150 millisecondstitle7^[7].

Market dynamics also support the trend. The Federal Reserve's September 2025 rate cut, priced at 100% by futures markets, has weakened the U.S. dollar and boosted risk assetstitle7^[7]. Solana's price surged 55% year-to-date, outpacing Ethereum's 8% gain, while technical indicators suggest a potential $260–$280 breakout could target $400–$500title9^[9]. VanEck's bullish forecast of $520 by year-end and the pending approval of spot Solana ETFs-filed by VanEck, 21Shares, and Fidelity-add to the optimismtitle7^[7].

Corporate adoption is accelerating beyond treasury strategies. VisionSys AI announced a $2 billion Solana treasury partnership with Marinade Finance, while Fitell Corporation secured a $100 million credit line for its Solana-focused rebrandtitle9^[9]. Meanwhile, Sol Strategies (NASDAQ: STKE), a Solana validator firm, completed a Nasdaq listing in September 2025, managing 3.62 million delegated SOL and serving 8,812 walletstitle12^[12]. These developments signal Solana's transition from a speculative asset to a foundational layer for institutional-grade blockchain infrastructure.