Solana's strategic moves may be underestimated by the market
Source: CoinWorld
Time: 2025-09-12 20:17:34
The latest developments in Multicoin Capital, Jump Trading and Galaxy Digital in the Solana ecosystem may be underestimated. With a market capitalization of less than $60 million, Nasdaq-listed Forward Industries, Inc. has injected new operations through PIPE private equity financing, minimizing its previous operating burden.
Kyle Samani, a well-known advocate for Solana, has personally invested $25 million in the latest DAT program, highlighting his significant commitment. Multicoin Capital, Jump Trading and Galaxy Digital have deep connections with Solana. Multicoin has invested more than $500 million in the ecosystem, while high-frequency trading company Jump Trading is involved in the development of Firedancer nodes and exploring the DFBA mechanism to provide market-making services. Galaxy Digital holds over $1 billion in SOL and uses its global venture capital network and institutional resources to tokenize its stock on Solana.
The combination of narrative promotion, technological innovation and resource accessibility forms a strong triangle relationship. Solana's upcoming Alpenglow consensus and Firedancer client node diversity are expected to significantly improve its performance, with previous mainnet tests achieving throughput of over 100,000 TPS and execution speeds have been reduced to less than 150 milliseconds. The DFBA mechanism is expected to spawn breakthrough new products on the Solana chain. The recently rejected governance proposal SIMD-228 may reduce SOL's pledged inflation yield, thus affecting institutional interest in DAT narratives.
Solana's DAT narrative goes beyond the "micro-strategy" model of Bitcoin, Ethereum and other altcoins, focusing on the entire ecosystem, not just the token itself. Its goal is to transition from a pure MEME chain to a new Internet Capital Market (ICM) narrative, consistent with the trend of traditional finance (TradFi) integration driven by the pro-cryptocurrency government in the United States.
The ICM narrative is broad enough for Solana. Includes MEME launchpad, DePIN, PayFi and HFT transactions