Solana News Update: Companies Move Their Treasuries to Solana for Portfolio Diversification and Protection Against Inflation

Reliance Global Group (NASDAQ: RELI) has taken a major step in the crypto sector by purchasing more than 1 million

(SOL) tokens, bringing the sixth-largest digital currency by market value into its asset reserves, as reported by . The firm, which already owns , , , and , now holds five of the ten largest cryptocurrencies. This move highlights Reliance's ongoing efforts to broaden its financial portfolio and support blockchain advancements. "By including Solana with Bitcoin, Ethereum, Cardano, and XRP, we are maintaining our disciplined approach to diversifying across top blockchain networks," stated Moshe Fishman, a member of Reliance's Crypto Advisory Board.

This choice reflects a wider pattern among public companies adopting blockchain assets for their balance sheets. Solana’s unique combination of Proof-of-Stake and Proof-of-History consensus allows it to handle over 65,000 transactions per second, CoinJournal notes—a capability that has drawn interest from businesses and institutions. Reliance’s acquisition follows similar moves by other listed firms, indicating a trend where corporate treasuries turn to digital assets as a hedge against inflation and for long-term growth, the report said.

At the same time, institutional demand for Solana is on the rise. Solana Company (NASDAQ: HSDT), a public firm dedicated to Solana, disclosed that its holdings surpassed 2.3 million

tokens as of October 29, 2025—an increase of 1 million since the start of October, according to . The company, which collaborates with Pantera Capital and Summer Capital, also achieved a staking return of 7.03% APY in October, outperforming the top 10 validators by 36 basis points, QuiverQuant reported. This strong performance demonstrates Solana’s growing appeal as a productive asset for company treasuries.

Market trends are further boosting Solana’s institutional uptake. The recent introduction of several Solana ETFs, including those from Bitwise, Grayscale, and VanEck, has increased demand, according to

. These funds, created to give institutions access to Solana, signal growing trust in the blockchain’s scalability and practical uses. With the token trading near $200 as of October 27, this momentum has pushed prices higher, and analysts anticipate possible gains of up to 10% as ETF adoption grows, Yahoo Finance noted.

Fidelity’s latest move to enable Solana trading for both individual and institutional clients further validates the asset, according to

. This step positions Solana as a strong candidate for international payments and blockchain-based securities settlements, fitting with Fidelity’s broader push into crypto custody and trading. Similar actions by U.S. Bank and BNY Mellon point to a changing attitude in traditional finance toward digital assets.

Solana’s technical strengths—such as minimal transaction fees, fast processing, and a rapidly expanding ecosystem for DeFi and NFTs—have made it a favored choice for institutional investors, CoinJournal reported. Still, experts warn that regulatory developments and competition will influence its future. With public companies collectively holding more than 15.7 million SOL valued at $3.18 billion, Solana’s presence in corporate treasuries is set to grow, the report concluded.

As the blockchain sector evolves, the strategies of Reliance and Solana Company illustrate the merging of corporate finance with decentralized technology. Continued institutional adoption, alongside regulatory progress, could establish Solana as a key component of digital treasury management in the years ahead.