Solana's Price Drops 3.791% as Institutions Invest $4 Billion in Blockchain

Solana's latest price was $237.52, down 3.791% in the last 24 hours. ARK Investment Management LLC (ARK) has significantly increased its investment in Solmate, a sports club ownership company that has reinvented itself by raising $300 million to build a digital asset treasury on the Solana network. The funding round drew capital from prominent investors, including ARK Invest, Pulsar Group, RockawayX, and the Solana Foundation. Following its initial investment in the round, Cathie Wood’s firm acquired an additional 6.5 million BREA shares across its flagship ETFs—ARKK, ARKW, and ARKF—staking a louder claim on Solana’s growing institutional presence.

Solmate, formerly known as Brera Holdings, has successfully transitioned into a digital asset treasury company, leveraging the Solana network to build a robust treasury. This move underscores the growing institutional interest in Solana and its potential as a leading blockchain platform. The investment by ARK and other prominent investors signals a strong belief in Solana’s future and its ability to support innovative financial solutions.

Helius Medical Technologies, Inc., listed on Nasdaq under the ticker HSDT, has completed a $500 million private placement to launch a Solana-focused treasury company. The transaction, which includes common stock and stapled warrants, positions the company to potentially raise more than $1.25 billion if all warrants are exercised. The private placement was co-led by Pantera Capital and Summer Capital. The move underscores Solana’s growing prominence in institutional finance and places Helius among the largest Solana treasuries to date.

Helius will direct the proceeds into building a Solana treasury, with $SOL serving as its core reserve asset. The company views Solana’s ~7% native staking yield as a distinct advantage compared to non-yield-bearing assets such as Bitcoin. Beyond staking, the firm expects to evaluate opportunities in decentralized finance and broader onchain activity to generate incremental revenue while maintaining a conservative risk profile.

Helius highlighted Solana’s growth trajectory, describing the network as “the most widely adopted” and noting its average of 3.7 million daily active wallets and over 23 billion transactions recorded this year. According to Solana Beach data, Solana's throughput exceeds 3,000 transactions per second, making it one of the industry’s highest-performing networks in both activity and adoption.

Alongside the financing, Helius announced key leadership changes. Joseph Chee, Founder and Chairman of Summer Capital and former Head of Investment Banking for Asia at UBS, has been appointed as Executive Chairman and Director. Cosmo Jiang, General Partner at Pantera Capital, will serve as a board observer, while Pantera Founder Dan Morehead will act as Strategic Advisor. These appointments bring a wealth of experience and expertise to Helius, further strengthening its position in the market.

Helius outlined a roadmap that includes scaling its $SOL holdings over the next 12 to 24 months, using established capital markets tools such as ATM programs. The firm plans to prioritize transparency, governance, and active engagement with the Solana community. Updates on treasury acquisitions, shareholder approvals, and broader strategy execution are expected in the coming weeks. The company’s common stock will continue to trade under the Nasdaq ticker HSDT, with the updated treasury strategy effective immediately. Helius also appointed Clear Street as its exclusive financial advisor and lead placement agent.

Helius’ announcement follows a wave of capital raising efforts dedicated to building Solana treasuries. Solmate, a newly launched digital asset treasury in the UAE, secured $300 million in commitments led by ARK Invest. In addition to a $4 billion equity raise, Forward Industries closed a $1.65 billion private placement to pursue a similar strategy and has utilized most of those funds in the acquisition of $SOL tokens. Sharps Technology also entered the space with a $400 million raise, planning to scale holdings to $1 billion. Together, these moves highlight growing institutional conviction in Solana as a financial asset.

Recent developments highlight increasing institutional engagement with the Solana blockchain, evidenced by reports of treasuries affiliated with the platform reaching a substantial $4 billion in holdings. Solana co-founder Kaleo publicly emphasized this growing institutional adoption as a key driving force behind the network's potential.

Solana's technical architecture continues to be a focal point for its adoption case. The network's capacity for processing over 65,000 transactions per second and its extremely low transaction fees, often cited as sub-penny costs, were noted as foundational advantages. These features are widely credited with supporting significant activity within the Solana ecosystem, particularly enabling decentralized exchange (DEX) volume to achieve notable levels.

Looking forward to late 2025 and 2026, industry observers suggest Solana remains well-positioned for growth, contingent on sustained demand and robust underlying protocol support. Ecosystem development is anticipated, with predictions suggesting token buybacks by applications building on Solana could become a relevant trend during this timeframe.

A call for proactive security measures within the broader blockchain space emerged recently. Solana's founder publicly urged industry participants, including Bitcoin developers, to accelerate preparations for the potential future threat posed by quantum computing advancements.