Helius Medical Technologies has announced a $500 million financial reserve focused on Solana, marking the largest Solana reserve plan to date. The funds were raised through a PIPE financing, comprising $500 million in equity and up to $750 million in warrants. Helius intends to use Solana (SOL) as its primary reserve asset, with plans to increase holdings over the next 12-24 months and explore staking and lending opportunities within the Solana ecosystem. The financing, led by Pantera Capital, is expected to close by September 18. Pantera Capital's founder, Dan Morehead, highlighted Solana as a category-defining blockchain. This move by Helius aligns with a growing institutional interest in Solana, as evidenced by Galaxy Digital's recent $306 million purchase of Solana. The increased demand has contributed to a nearly 25% rise in Solana's token price this year.