The Solana ecosystem is witnessing a capital feast. This week, two US-listed companies, Helius Medical and Forward Industries, announced their transformation into SOL treasury companies, with total financing exceeding $2 billion. This marks a shift in institutional capital from a single Bitcoin allocation to a more diversified set of high-performance public chains.

Unlike Bitcoin treasury, which mainly focuses on value storage, SOL treasury has a significant advantage. Kyle Samani from Multicoin Capital pointed out that SOL can generate about 8% native yield through staking, which comes from network economic activities and MEV. Companies can reinvest staking yields to create compound growth without being forced to sell coins in a bear market, as in the case of BTC treasury.

The numbers are staggering. Helius Medical has secured over $500 million in private investment led by Pantera Capital and others, while Forward Industries has completed financing of $1.65 billion, having used $1.58 billion to purchase 6.82 million SOL. These massive funds have not only directly increased institutional demand for SOL but have also greatly boosted market confidence.

The chairman of Forward Industries has stated that the company plans to deploy funds into Solana's DeFi protocols. This signifies that a large amount of liquidity will flow into the Solana DeFi ecosystem, acting as a significant catalyst for enhancing on-chain activity, Total Value Locked (TVL), and the value of ecosystem projects. The issuance of stablecoins in the Solana ecosystem has exceeded $13.3 billion, which indirectly confirms the robust development of the ecosystem.