EdTech Giant Classover Bets Big on Solana with $500M Treasury Play

Nasdaq-listed Classover is making waves—and not just in education tech. The firm just announced plans to raise half a billion dollars for a Solana treasury push, signaling a bold pivot toward crypto-native strategies.

Why Solana? Speed, scalability, and that sweet institutional allure. Classover’s move reads like a hedge against traditional edtech margins—because why settle for slow growth when you can chase blockchain returns?

Wall Street’s reaction? Probably a mix of FOMO and eye-rolls. After all, nothing says ’moon shot’ like dumping $500M into a blockchain treasury while student debt keeps piling up.

Solana’s under-the-radar hustle for the big league

Within days, two publicly traded firms have allocated significant capital to Solana. And sure, that might not sound all that special. A lot of corporations are dabbling in digital assets these days.

But this feels different, as it isn’t just another bet on price. What’s interesting is that Solana’s institutional traction seems more focused on real-world use. 

In other words, companies aren’t just buying SOL. Instead, they’re building with it. Classover (NASDAQ: KIDZ), an EdTech firm looking to shake up education through decentralization, is a great example.

Partnering with SOL Strategies, they’ve announced plans to raise up to $500 million not just to hold SOL, but to build a decentralized learning platform on Solana’s high-performance network.

And the market clearly noticed. Classover’s stock shot up nearly 40%, hitting a two-week high at $4.82, signaling strong investor confidence. Meanwhile, SOL reclaimed the $160 ceiling.

Source: TradingView (KIDZ/USD)

So, brushing off Solana’s back-to-back big institutional plays as noise? Think again.

While other Layer 1s are fighting for attention, it looks like solana is quietly laying down the infrastructure that’s starting to attract the big institutional players – and their wallets.

Turning holders into believers

As blockchain starts finding more real-world footing, Solana’s clearly playing the long game. 

That recent ‘Alpenglow’ upgrade? As AMBCrypto pointed out, it wasn’t just a routine tweak. Instead, it was a step toward making the network faster, more efficient, and ready for bigger things.

And the HODL data is starting to reflect that. Right now, wallets holding SOL for 1–2 years make up about 21% of the total supply, up from just 10-11% a year ago.

Source: Glassnode

That’s no fluke. It shows short-term speculators are evolving into long-term holders, a shift that usually follows growing confidence in the network’s fundamentals. 

In other words, people aren’t just buying SOL. Instead, they’re committing to it. And the catalyst? Institutional plays like Classover’s $500 million commitment are likely just the prelude. 

More companies are likely to follow suit as Solana’s real-world utility becomes too compelling to ignore.