 
 
Nasdaq-listed Solana Company, formerly Helius Medical Technologies, has swiftly emerged among the top corporate holders of digital assets after expanding its Solana (SOL) treasury to over 2.2 million tokens, now valued at approximately $525 million.
Disclosed in the firm’s October update, the move underscores its strategy to build a long-term digital asset treasury. It marks a growing trend of publicly traded companies embracing native crypto ecosystems as part of their core financial strategy.
Solana Company stated that the holdings were rapidly accumulated following its recent financing round.
Combined with over $15 million in cash, the company’s liquid reserves now exceed $525 million based on the disclosed SOL valuation.
Management describes the move as part of a strategic digital asset treasury initiative aimed at maximizing SOL per share and establishing the firm as a leading institutional custodian of Solana tokens.
 
Strategically, the move highlights key market shifts, growing corporate appetite for crypto exposure beyond Bitcoin, the emergence of digital-asset treasuries as a modern capital strategy, and the rising institutional confidence in Solana’s expanding ecosystem.
Decentralization Could Accelerate Ethereum and Solana
Speaking at TOKEN2049 in Singapore, Muriel Médard, MIT researcher and CEO of decentralized memory firm Optimum, offered a striking insight that decentralization isn’t just a governance choice or ideological ideal, but a fundamental driver of efficiency.
By distributing control and reducing bottlenecks, she noted that true decentralization could actually accelerate networks like Ethereum and Solana as they scale.
Conventional thinking wrongly treats decentralization as a compromise between security and speed, assuming that distributing control across thousands of nodes must slow consensus, according to Médard.
She argued instead that, when properly designed, decentralized systems can harness this distribution to achieve superior scalability and efficiency.
As a result, Médard emphasized that decentralization is not merely a design choice, but a principle of efficiency, where distributing control as systems scale can actually enhance, rather than hinder, performance.