Forward Industries Launches Institutional-Grade Solana Validator, Reaching Top 10

Publicly-traded Solana treasury company Forward Industries has launched its first institutional-grade validator node on the Solana blockchain. This move marks a significant step for the company as it seeks to solidify its position within the growing Solana ecosystem. The launch is powered by DoubleZero’s fiber network and uses Jump Crypto’s Firedancer client, which is designed to enhance validator performance. The company currently holds over $1.6 billion in Sol (SOL) tokens within its treasury, a figure that ranks as the largest amongst crypto-based treasuries, according to Strategic Solana Reserve. 1.6 Billion SOL is staked by Forward, securing their place in the top 10 largest validators on the network.