Recently, Solana(SOL) has gained favor from traditional capital. A total of 18 listed companies hold 20.92 million SOL, accounting for approximately 3.64% of the total supply, with a total value reaching an astonishing $42.1 billion. This trend highlights the high recognition of Web3 infrastructure by the traditional market.

This group of investors covers multiple sectors from medical devices to financial technology. Among them, Forward Industries leads with a holding of 6.822 million SOL and is further expanding its influence in the SOL ecosystem through a $4 billion financing plan. Sharps Technology has teamed up with Pudgy Penguins to scoop up $50 million worth of SOL at a discounted price, demonstrating their ambition to build the world's largest SOL treasury.

The influx of traditional capital is not blind, but based on Solana's technological advantages and ecological potential. After a technical upgrade, Solana's transaction confirmation speed has been reduced from 13 seconds to 0.15 seconds, with a single transaction cost of only $0.00025. In August alone, the Solana network processed 2.9 billion transactions, generating over $148 million in revenue. In terms of the ecosystem, Solana's total value locked (TVL) surpassed $11.7 billion, attracting $1.2 billion in capital inflow in the third quarter, with applications in DeFi and NFTs continuously stimulating the practical value of SOL.

The compliance process of Solana has provided more entry channels for traditional capital. Solana Asset Management successfully listed on NASDAQ, and the first ETF (SSK) combining SOL spot and staking returns in the U.S. has exceeded $274 million in scale. In addition, ETP products issued by institutions such as 21Shares hold a total of over 9 million SOL.

From the treasury reserves of listed companies to the launch of compliant financial products, traditional capital is investing in SOL through diversified means. This not only reflects their confidence in the Solana ecosystem but also indicates that SOL may be in the early stages of a value reassessment. With the addition of more traditional capital, the Solana ecosystem is expected to usher in broader development opportunities.