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Forward Industries Stakes $1.5 Billion in SOL to New Solana Validator

The node runs on DoubleZero with Firedancer integration to court institutional use.

Overview

  • The validator is live with all 6.8 million SOL delegated and is open to outside delegations at a 0% commission.
  • Forward says the setup uses DoubleZero infrastructure with Jump Crypto’s Firedancer client and Galaxy integration.
  • The company expects the node to rank among Solana’s top ten validators by total stake at launch.
  • Future validators will run exclusively on DoubleZero as Forward and the partner test configurations to boost bandwidth, cut latency and improve throughput.
  • The move follows a $1.65 billion private raise and a $4 billion ATM program, while FORD shares fell 7% Tuesday before rebounding more than 4% Wednesday morning.