Janover Invests $10.5 Million in Solana (SOL) — Aiming to Become the Solana King of the US?

Updated

April 17, 2025

Gambar Janover Invests $10.5 Million in Solana (SOL) — Aiming to Become the Solana King of the US?

Jakarta, Pintu News – Janover Inc, an artificial intelligence-based property company led by Kraken executives, has just made waves in the crypto world.

On April 15, 2025, they announced the purchase of an additional $10.5 million worth of Solana (SOL), increasing their total stake to IDR 353 billion.

This aggressive move exposes Janover’s new strategy to make Solana a major asset on their balance sheet, following in the footsteps of MicroStrategy’s success with Bitcoin .

New Treasury Strategy: Janover steps in to buy Solana

janover borong solana — Source: Coinfomania

Janover adopted a digital asset treasury strategy as early as April 2025, with a primary focus on Solana. In just a short period of time, the company has made three SOL purchases, and now holds a total of 163,651.7 Solana tokens, equivalent to approximately $21.2 million or IDR 353 billion.

In addition to the purchase, Janover also plans to operate one or more Solana validators to earn additional revenue through staking.

The move was inspired by MicroStrategy’s success in adopting Bitcoin as a treasury asset, but Janover chose Solana because it saw more aggressive growth potential in its blockchain ecosystem.

CEO Joseph Onorati and CIO Parker White, both former Kraken officers, are leading this ambitious strategy with the goal of making Janover the largest Solana corporate holder in the United States.

Large Fund Support and Long-term Confidence

To support this expansion, Janover successfully raised $42 million (IDR 706 billion) through the issuance of convertible bonds in early April 2025.

The funding involves big players such as Pantera Capital, Kraken, Arrington Capital, and several well-known angel investors in the cryptocurrency world. The funds will be fully utilized to strengthen Solana’s digital treasury-based strategy.

Solana is currently priced at around $125 (IDR 2.1 million) per token, with price movements being quite volatile.

However, with increasing adoption and backing from large institutions like Janover, many analysts expect the price of SOL to soar to $150 ($2.5 million) in the near future. This is certainly a strong signal that the crypto market, especially Solana, is increasingly attracting the attention of institutional players.

Janover Shakes the Market: What Impact for Crypto?

Janover’s bold move to buy Solana is seen as an important momentum to drive cryptocurrency adoption in the corporate sector.

By running validators and staking, Janover is not just hoarding tokens, but also actively supporting the Solana blockchain ecosystem.

If this strategy is successful, Janover could pave the way for more real estate companies and other traditional sectors to enter the cryptocurrency world. It could also strengthen Solana’s position as a strong alternative to the dominance of Bitcoin and Ethereum in the global crypto market.

Overall, with its massive purchases and long-term cryptocurrency-based strategy, Janover is showing that even the real estate world can no longer ignore the power of blockchain technology.

Will this be the start of a crypto revolution in the real estate sector? All eyes are now on the next moves of Solana and Janover.

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