Helius currently holds over 2.2 million SOL worth approximately $506 million

Quiet but flashy

The escalation comes after a dizzying turnaround in September when Helius—once a small health tech company—rebranded as Solana Company, announcing a $500 million SOL fund program led by Pantera and Summer Capital. The latest issuance added 1.44 million SOL at an average price of $240, bringing the total to 2.2 million coins—purchased through over-the-counter exchanges and DeFi channels to mitigate slippage. The cash fund, supplemented by a $335 million equity raise, now exceeding $15 million, is earmarked for “opportunistic” SOL fundraising over the next 12–24 months, according to the press release.

The fund ranks Solana Company second among public SOL funds, according to firms like BitcoinTreasuries, with unrealized gains exceeding $100 million since its initial purchase at an average of $231. Staking integration is coming: 50% of holdings will earn interest through Jito or Marinade, targeting a 7-9% annualized yield (APY), while the rest will be used to fund the dApp ecosystem. CEO Christopher Jackson has hailed the strategy as “future-proofing” amid a 50% YTD price increase for Solana to $239.

Impact on SOL investor psychology

Helius’ significant holdings demonstrate the maturity of Solana’s enterprise layer — with infrastructure providers, validators, and dApp operators now managing treasuries comparable to mid-sized tech companies. This reinforces the network’s stability and financial resilience.

Treasury transparency at this scale sends a strong message to investors and developers. Helius isn’t just building on Solana — it’s also economically invested in Solana’s success. This could attract more institutional partners and encourage more Solana-based treasury strategies.

As one of the largest corporate SOL holders, Helius has the potential to influence discussions around governance, validator support, and staking infrastructure. Helius' holdings also represent a significant portion of available SOL liquidity in the market, indirectly supporting price stability through long-term lockups or staking.

Large treasuries held by ecosystem builders like Helius can be strategically deployed for developer grants, liquidity programs, and partnerships, creating an efficient reinvestment cycle within the Solana network.

Evaluation and Conclusion

Helius’ $2.2 million SOL position solidifies its position as a key financial and technical pillar of the Solana ecosystem. By maintaining one of the largest on-chain corporate treasuries, the company demonstrates confidence and commitment to Solana’s long-term growth trajectory.

As the Solana ecosystem expands into DeFi, RWA, payments, and consumer applications, organizations like Helius—with its deep treasury reserves and extensive infrastructure footprint—will likely play a huge role in shaping network governance, funding innovation, and maintaining the liquidity cycle.

Helius' approach represents a model for crypto corporate finance: combining treasury strategy with ecosystem growth, while balancing trust and operational prudence.

Disclaimer: The information presented in this article is the author's personal opinion in the cryptocurrency field. It is not intended to be financial or investment advice. Any investment decision should be based on careful consideration of your personal portfolio and risk tolerance. The views expressed in this article do not represent the official position of the platform. We recommend that readers conduct their own research and consult with a professional before making any investment decisions.