Forward Industries has entered the Solana market with a massive purchase of $1.58B worth of $SOL at an average price of $232.
The Nasdaq-listed firm, trading under ticker FORD, revealed the news in a press release on Monday. The company, supported by Galaxy Digital, Jump Crypto, and Multicoin Capital, confirmed this is the first of many buys as it positions itself as the largest corporate treasury holder of Solana.
Forward Industries is not just buying. It’s setting the tone for what looks like a wave of corporate treasuries building around Solana.
FORWARD INDUSTRIES HAS NOW PURCHASED $1.58B $SOL
Forward Industries has purchased $1.58B of $SOL at an average price of $232.
Forward Industries is a Solana DAT supported by Galaxy Digital, Jump Crypto and Multicoin Capital. pic.twitter.com/uABnOtTZJv
— Arkham (@arkham) September 15, 2025
Helius Medical Raises $500M+ for Solana Strategy
Helius Medical Technologies ($HSDT) has secured $500M in funding, with the potential to scale up to $1.25B, to buy and hold Solana as its main reserve asset.
The company announced that Pantera Capital will co-lead the investment through a PIPE structure alongside Summer Capital. The new vehicle is designed to become the leading Solana-backed treasury product in global markets.
Pantera, already a leader in the Digital Asset Treasury (DAT) space, said it’s now leveraging its US experience to shape the preeminent Solana treasury structure worldwide.
1/ We are proud to co-lead a $500M+ PIPE into Helius $HSDT with Summer Capital to launch the preeminent Solana-backed treasury vehicle. We believe this will unlock capital markets access and accelerate Solana’s adoption globally. pic.twitter.com/Qtfd2fcz2b
— Pantera Capital (@PanteraCapital) September 15, 2025
Institutional Flows Hit Record Highs
Last week, Solana-linked products such as ETFs, ETPs, and funds posted $145M in single-day inflows, the highest ever recorded.
Cumulative weekly inflows reached $198M, extending a 14-week winning streak. Total assets under management now stand at $4.1B.
????BREAKING: @Solana digital asset products, including ETFs, ETPs, and funds, recorded their largest ever single-day inflow on Friday at $145M.
Weekly inflows reached $198M, extending gains for the 14th consecutive week and lifting total AUM to a record $4.1B. pic.twitter.com/aovNNS6MLF
— SolanaFloor (@SolanaFloor) September 15, 2025
Weekly Highlights: Solana Ecosystem Growth
Solana continues to smash records across metrics. Here’s what stood out this week:
Market Cap ATH – Solana now commands a $135B market cap, setting a new all-time high.
DeFi Expansion – Total value locked reached $12.2B, marking a record.
Treasury Growth – @ReserveSolana added 2.82M SOL, joined by Forward Industries, Galaxy, Neptune Digital, and DeFi Technologies.
DEX Boom – PumpSwap daily volume hit $878M, surpassing Raydium and Meteora.
AgriDex Impact – Over $9M in stablecoin-powered agricultural trades processed across Africa.
Phygitals Surge – Pokémon TCG protocols generated a record $2M in revenue, with @phygitals accounting for $1.29M.
Cross-Chain Liquidity – @debridge unlocked $90B in liquidity from Tron, enabling instant cross-chain swaps.
REX Shares ATH – Assets under management climbed to $251M.
RWAs on Solana – @centrifuge launched deJAAA and deJTRSY, bringing institutional-grade real-world assets into Solana DeFi.
Weekly Highlight on Solana ????
????#Solana continues to break records, reaching a $135B market cap – a new ATH
????Solana’s DeFi ecosystem continues strong momentum, reaching a record $12.2B in TVL.
????@ReserveSolana added 2.82M $SOL, with @galaxyhq , Forward Industries, Neptune… https://t.co/nDtYbFDyc7 pic.twitter.com/tYRCcce2dq— Solana Daily (@solana_daily) September 15, 2025
Stablecoins on Solana: Another Breakout Week
Stablecoins are becoming a powerhouse on Solana. Total supply on the chain just hit an all-time high of $13.3B.
Several new initiatives are pushing adoption further:
Fuse Wallet Launch – A new all-in-one wallet with cash, card, investments, and earn features, live across 10 countries, powered by @SquadsProtocol.
Kamino Finance Growth – A PYUSD incentive program kicks off with $700K monthly rewards, offering yields of 10–20% APY.
Tron Integration – @debridge opened access to Tron liquidity, enabling $90B+ in stablecoin transfers.
World Liberty’s Project Wings – Incentives rolled out with @bonk_fun and Raydium for USD1 pairs.
Range Stablecoin Explorer – A new tool at [stable.range.org](https://range_org) now tracks stablecoins across 100+ chains and 20+ bridges.
Another big week for stablecoins on Solana.
Quick recap:
→ Total stablecoin supply on @solana hit an all-time high of $13.3B. Huge shoutout to all the teams pushing things forward and to @artemis for the data.
→ Say hello to the all-new @fusewallet – Cash, Card, Investments,… https://t.co/xzw6I16X1V pic.twitter.com/GKXfJ7YUSS
— Tamar 天马 (@tamarincrypto) September 15, 2025
Both Forward Industries and Helius Medical are moving aggressively into Solana treasuries, signaling a turning point in corporate digital asset strategies. Institutional flows are at record highs, while DeFi, stablecoins, and cross-chain integrations continue to expand Solana’s footprint.
From Wall Street treasuries to African agriculture trades, Solana is embedding itself as more than just a blockchain, it’s becoming the infrastructure layer for real-world liquidity and digital assets.
With a $135B market cap, $12.2B TVL, and $13.3B stablecoins live on-chain, Solana is entering a new era of adoption, one where both corporations and communities see it as the backbone of the next financial system.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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Will Izuchukwu