Solana Treasuries Plunge 90% For Holders: Investor capital faces structural flaws.
The stark market imbalance between struggling Solana treasuries and resilient major counterparts unfolds. The Solana Treasury Paradox: Why Equity-Based Crypto Holdings Are Mimicking Memecoin Volatility The institutional "Treasury Strategy" is currently facing its first true existential stress test as Solana-linked equities experience a catastrophic decoupling from their underlying assets. While Bitcoin and Ethereum treasuries navigate manageable drawdowns, Solana’s corporate holders are witnessing a 90% wipeout that mirrors the boom-bust cycles of the ecosystem’s most speculative memecoins. Forward Industries, once a beacon for institutional Solana exposure, has seen its stock plummet from a high of roughly $40 last year to a recent low of approximately $4. This ten-fold collapse occurs as the underlying SOL token has retreated roughly 55% over a ...