Public companies and investment firms are increasingly adopting Solana (SOL) as a core treasury asset, moving beyond speculative holdings to active ecosystem participation. Entities like Forward Industries, DeFi Development Corp, and SOL Strategies Inc. are accumulating and staking millions in SOL, engaging in validator operations, DeFi, and governance. With Pantera Capital’s $1.25 billion Solana-focused treasury initiative and Galaxy Digital’s $1.65 billion PIPE deal via Forward Industries, SOL is evolving into an institutional-grade balance sheet component offering yield, infrastructure alignment, and strategic optionality.