The crypto market continues to develop actively, and one of the main newsmakers in recent weeks has been Solana (SOL). Against the backdrop of growing interest in the network and its token, more and more companies and investors are shifting their focus from Ethereum to Solana, seeing it as a promising platform for future growth and the development of decentralized technologies.
Major Companies Strengthen Investments in SOL
Public company Janover Inc. (ticker JNVR on NASDAQ) continues to actively expand its cryptocurrency portfolio, placing its bet specifically on SOL. Recently, the company additionally purchased 88,164 SOL tokens worth around $11.5 million as part of its crypto treasury strategy.
Taking into account the new acquisition and staking rewards, the total SOL balance on Janover’s accounts has reached an impressive 251,842 tokens, approximately equivalent to $34 million. Such confidence in Solana’s future from a public company signals growing institutional trust in the project.
Capital Shift: From ETH to SOL
One example of changing market sentiment is the activity of Galaxy Digital — a well-known investment company in the field of digital assets. Over the past two weeks, Galaxy deposited 65,600 ETH worth $105.48 million on Binance, while withdrawing 752,240 SOL worth $98.37 million.
This activity highlights a trend: more large players are transferring funds from Ethereum to Solana, attracted by Solana’s higher speed, lower transaction fees, and growing popularity among users and developers.
These processes are significantly influencing the price of SOL, which has recently been showing strong growth dynamics amid increased interest from both retail and institutional investors.
Solana Accelerates Decentralization Process
In parallel with rising investment activity, the Solana team is taking important steps to strengthen the network’s decentralization. A new policy was recently announced within the framework of the Delegation Program.
According to the new rules, for every new validator admitted to the Program, three old validators will be removed if they meet the following criteria:
1. The validator has been a delegate of the Solana Foundation for more than 18 months.
2. The validator has less than 1,000 SOL in external stake.
This initiative aims to reduce the network’s reliance on Foundation delegations and to encourage validators who are supported directly by the community. Thus, Solana is making critical moves to enhance decentralization and improve the network’s resilience.
Maturing Network: The Path to Maturity
The measures being taken show that Solana is entering a new stage of its development. The project is becoming more mature, efficient, and independent. The steady growth of active users, developers, DeFi projects, and NFT platforms based on Solana further strengthens its position in the market.
Investors note the network’s high throughput, improved operational stability, and the continuous expansion of its ecosystem, making Solana one of the most attractive blockchain projects today.
The interest of major companies in SOL, the massive redistribution of capital from ETH to Solana, and important steps to strengthen the network’s decentralization confirm the project’s growing status as one of the industry leaders.
Solana continues to gain momentum, and if current trends persist, it may well solidify its position as one of the leading blockchains for the next stage of crypto-economy development.