- Janover invested $4.6 million in Solana and plans to stake and run validators as part of a long-term treasury move.
- Major firms like PayPal and Citibank are increasingly backing Solana, boosting its appeal across traditional and digital finance sectors.
Janover, a fintech company specializing in commercial real estate, has officially made a breakthrough by purchasing around $4.6 million in Solana (SOL). This decision is part of the company’s latest financial management strategy to store crypto assets for the long term.
Interestingly, Janover’s move also marks their first investment after successfully raising fresh funds of around US$42 million.
Staking, Validating, and Earning: Janover’s Next Steps With SOL
If you think about it, Janover’s decision to buy Solana is quite unique. Usually traditional companies are more comfortable playing it safe with stable assets such as gold or bonds. However, Janover is eyeing SOL, which is known to be volatile but promises high growth potential.
Janover’s future plans do not stop at just piling up SOL in their digital vault. The company will soon start staking its Solana assets. So, instead of just sitting idle, their SOL funds can generate additional profits while helping to maintain the stability of the Solana network.
In fact, Janover also plans to run several of its own Solana validators. This method is similar to renting out an empty room in your house—generating passive income while supporting the community ecosystem.
PayPal and Polymarket Join the Solana Momentum
On the other hand, Janover’s bold move is not alone. PayPal, the online payment giant, is also actively supporting crypto assets. On April 6, 2025, PayPal officially introduced support for Solana and Chainlink (LINK) in the United States.
Of course, PayPal’s move is not arbitrary, considering that this company has more than 434 million active users. With that much influence, it’s no wonder that their decision will encourage wider adoption of Solana.
Meanwhile, as we previously reported, the Polymarket platform has also previously chosen Solana to expand its user base. With this integration, users can fund their accounts with SOL. The hope is that as more transactions occur on Polymarket, the liquidity will improve. This is similar to a coffee shop that introduces digital payment alternatives to increase traffic.
Apart from Janover and PayPal, it turns out that there are still other companies that are interested in Solana’s potential. Call it Sol Strategies, a Canadian company that earlier this year received a credit facility of US$17 million for Solana blockchain investment, of which US$4 million was specifically allocated for staking.
Similar to Janover, they also know that crypto assets are not enough to be stored, but must be rotated to produce income.
Solana Becomes a Favorite Among Wall Street Veterans
Looking back, last year two big players from Wall Street, Franklin Templeton and Citibank, also announced their interest in Solana. Franklin Templeton even plans to develop mutual funds directly on the Solana blockchain.
Citibank itself is exploring this technology for money transfer services. If you think about it, Solana is starting to look like a “favorite toy” that always attracts the attention of big players in the traditional financial world.
At the time of writing this article, the price of SOL itself is still around $115.21. In the last few hours, the price has increased slightly, but over the past week SOL has been more stagnant. However, its position as the seventh largest crypto asset with a market cap of around $59.43 billion is certainly not something to be underestimated.
With the various bold steps taken by these big companies, it is interesting to see what Solana’s fate will be in the following years. Will it shine even brighter or become a “joker card” in their strategy?
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