Based on Biji.com, Solana (HSDT) added approximately 100,000 SOL tokens, valued at around $20 million, to its holdings in October, bringing the total to over 2.3 million tokens. The company reported an average staking yield of over 7%, slightly higher than the 6.7% average of top 10 validators. Meanwhile, HSDT's stock has dropped more than 50% in the past month, trading near $6.75 as of October 29, down from a high of over $14 in early October. Institutional interest in Solana is rising, with Grayscale and Bitwise launching Solana ETFs on NYSE Arca. Other listed companies, including Forward Industries and Solmate Infrastructure, are also expanding their Solana holdings and strategic initiatives.
Solana Company Adds $20M in SOL Tokens, Reports 7% Staking Yield as Institutional Interest Grows
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