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Solana Becomes the New Corporate Bet

22 Apr 2025by CryptoJazz Admin1 min read2 views
Solana Becomes the New Corporate Bet

🔵Consumer goods manufacturer Upexi surprised the market by raising $100 million in a private round led by market maker GSR and announcing the acquisition of Solana as a reserve asset. Following the news, the company’s stock soared over 580%, with peak gains reaching 746%. Upexi’s management also revealed plans to stake the acquired tokens, emphasizing a long-term commitment.

🔵Experts see this as a sign of a new corporate trend. As Brian Rudick from GSR noted, Solana stands out for its scalability and active ecosystem. A similar strategy was previously adopted by Janover. In light of these developments, analysts suggest that crypto reserves could soon become standard practice among major corporations.

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