
PANews|Oct 06, 2025 15:51
[Solana Company Establishes $530 Million SOL 'War Chest,' Accelerates Institutional Adoption]
According to The Block, the Nasdaq-listed company Solana Company has established a $530 million SOL token 'war chest,' aimed at actively promoting and supporting further enterprise-level adoption of the Solana network. This move is seen as part of the trend where institutional investors incorporate SOL into their balance sheets or Digital Asset Treasuries (DATs), reflecting Solana's growing recognition as a high-throughput public blockchain by mainstream finance and enterprises. It marks a critical acceleration phase in its institutional adoption cycle.
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