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Shares of NASDAQ-listed Helius Medical Technologies rose nearly 15% after the company unveiled a lending program tied to staked Solana. The plan allows institutions to borrow against staked SOL without selling tokens. HSDT partnered with Anchorage Digital and Kamino Finance to launch the initiative. The stock had touched record lows earlier this week before rebounding on the announcement.
The program lets institutions retain custody of staked SOL while accessing liquidity. Firms can continue earning staking rewards as they borrow funds. They avoid selling or unstaking tokens to meet short-term cash needs. The structure supports capital management during market stress.
Solana’s price has dropped from nearly $245 to about $83 during the broader correction. This decline has pressured companies holding large SOL reserves. HSDT remains below levels seen before it adopted a Solana treasury strategy. The recent stock move reflects improved liquidity planning rather than a recovery in crypto prices.
Helius Medical structured the lending program to keep assets staked. Anchorage Digital provides custody, while Kamino Finance supports the borrowing framework. Institutions can unlock liquidity while maintaining exposure to long-term holdings.
This approach arrives as several SOL-focused firms adjust treasury strategies. Some increase staking to earn steady rewards. Others explore lending and yield structures to diversify income streams. These changes reflect efforts to manage volatility rather than exit the asset class.
Meanwhile, the broader crypto market continues to face pressure. Price weakness has reduced the value of digital asset reserves. However, companies continue building financial tools around staking and lending. Investors reacted positively to the announcement as firms refined risk management practices.
At the network level, transaction activity now defines Solana’s narrative. TokenTerminal data shows the blockchain processes approximately three times more daily transactions than Ethereum’s layer one and all layer twos combined. The network records about 285 million daily transactions and roughly 3,300 transactions per second.
Ultra-low fees support that scale. Costs average between $0.003 and $0.007 per transaction. Active addresses total around 2.6 million. These figures support DeFi trading, payments, and high-frequency applications.
However, transaction composition matters. Vote transactions inflate totals. True user transactions remain lower than headline figures suggest. Success rates near 40% to 50% point to congestion and bot-driven demand. The data raises a broader question: can high execution volume translate into stronger monetary capture?
Also Read: Solana in 2026: 2 Game-Changing Updates Explained
Solana processes about 86 million non-vote transactions daily and generates roughly $622,000 in chain fees. In contrast, Tron produces around $948,000 daily with lower activity, driven largely by stablecoin transfers. Ethereum generates about $18 million in total fees and $11.7 million in application revenue. It also captures around $107,000 in protocol value through burns and MEV.
Solana records approximately $7.57 million in total fees paid across the ecosystem. Of that, about $6.66 million comes from applications. The structure shows strong app-layer momentum even as protocol-level capture remains modest.
At the same time, whale activity signals capital repositioning. One wallet deposited 60,000 SOL, valued at $4.42 million, into Binance through phased transfers. Two deposits of 30,000 SOL totaled $4.82 million within hours. Earlier transfers of 20,000, 19,900, and 1,180 SOL pushed cumulative inflows above 100,000 SOL.
Helius Medical Technologies stock rose 15% after unveiling a Solana lending program that allows institutions to borrow against staked SOL without selling. The move comes as Solana leads in transaction volume while facing monetization gaps and rising whale deposits. Investors will closely track liquidity tools and network activity ahead.
