- Solana has secured a major institutional boost with Classover committing up to $500 million to build decentralized education platforms on its blockchain, signaling a shift toward real-world utility.
- As more Nasdaq-listed firms explore blockchain integration, Solana’s technical upgrades and growing long-term holder base suggest it’s becoming a serious contender in the Web3 race.
Solana’s recent surge in institutional attention isn’t just about market speculation — it’s about building real-world utility. In a significant development, Nasdaq-listed EdTech firm Classover (NASDAQ: KIDZ) has pledged up to $500 million to develop decentralized platforms on Solana’s high-performance blockchain.
And unlike past corporate blockchain dabbling, this isn’t just a token buy — it’s a full-scale commitment to build.
Partnering with SOL Strategies, Classover plans to revolutionize online education by leveraging Solana’s scalable Layer 1 infrastructure. The aim? To create decentralized learning platforms that could redefine how students and educators interact in the digital age. This move underscores a broader shift in 2025 — a year that’s shaping up as the moment public companies finally go all-in on blockchain technology.
The market responded in kind. Classover’s stock surged nearly 40% in the days following the announcement, climbing to a two-week high of $4.82. Simultaneously, Solana [SOL] regained its $160 price level, reflecting growing investor confidence. But more than the price movement, the shift in tone is what stands out: companies aren’t just investing in SOL — they’re building with it.
This marks a departure from the hype-driven narrative that has long dominated crypto headlines. Instead of chasing short-term speculation, institutional players are increasingly seeking out blockchain platforms with real technical prowess — and Solana’s recent upgrades show it’s ready for that demand.
The recent ‘Alpenglow’ upgrade, for example, wasn’t a routine patch. It significantly improved the network’s speed and efficiency, laying the groundwork for large-scale decentralized applications.
Perhaps most telling is the behavioral shift among SOL holders. According to Glassnode, wallets holding SOL for 1–2 years now account for around 21% of total supply — nearly double from the same period last year. This trend suggests that early speculators are evolving into long-term believers, likely due to Solana’s increasing institutional traction and improved network fundamentals.
While other Layer 1 blockchains fight for relevance in a crowded field, Solana is steadily positioning itself as the platform of choice for enterprise-grade Web3 solutions. The $500 million Classover deal may just be the tip of the iceberg. With public companies like KIDZ leading the way, Solana could be setting the standard for what blockchain adoption looks like in a maturing digital economy.
In short, it’s time to stop writing off Solana’s recent institutional plays as noise. They might just signal the true dawn of Web3.