Sorare Moves to Solana to Upgrade Its On-Chain Fantasy Sports Platform

Key notes

• The platform chose Solana for its speed and scalability, processing more than 3,500 transactions per second with 3.7 million daily wallets.
• All cards are automatically reissued as Solana NFTs with external market trading while ETH balances are converted to Base L2.
• Nine public companies now hold over $13 million collectively, with Solana reporting holdings worth over $525 million with a 190% equity increase.

Fantasy sports platform Sorare is migrating its entire collection of NFT cards to Solana

Sol
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Vol. 24 hours:
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By the end of October, it had brought 5 million users to the blockchain in one of the largest consumer application migrations in Web3 history.

The migration is completely automatic. All Sorare cards will be reissued as Solana NFTs, unlocking the ability to trade them on external markets and store them in wallets like Phantom. The user’s ETH balances will simultaneously be transferred from StarkEx to Coinbase’s Base L2.

According to Surarithe decision focuses on Solana’s speed, scalability and openness as a public blockchain, calling it more than just a technology upgrade and a step towards building the most open and flexible platform for digital sports collectibles. The network processes more than 3,500 transactions per second and maintains 3.7 million active wallets daily, an infrastructure designed for consumer-level applications.

Moving on @Solana

Our goal is to accelerate our vision of an open, connected sports platform for Sorare, where speed, liquidity and utility are at the core of the new digital sports economy.

It’s not a replacement, it’s an upgrade

Thread pic.twitter.com/VVhRik7gU5

– Sorry (@swari) October 8, 2025

Public companies are piling into Solana

The timing is in line with Solana ( HSDT ) reporting its holdings exceeded $525 million of SOL and cash this week, part of a broader trend of public companies accumulating SOL in corporate vaults. More than nine public companies now collectively own more than 13 million soles. The company’s stock rose 190% following its treasury strategy, which benefits from SOL’s original 7% yield, which sets it apart from non-yielding assets like Bitcoin.

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Vol. 24 hours:
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Solana highlighted the partnership Bringing one of the strongest esports portfolios and over 5 million players to its ecosystem, Sorare is reinventing fantasy sports with a seamless and vibrant on-chain economy. With Sorare’s proven product-market fit, the migration process differs from the speculative gaming projects that dominate blockchain advertising.

The broader institutional trend extends beyond crypto treasuries. New York Stock Exchange owner ICE announced a $2 billion investment in Polymarket this week, signaling Wall Street’s growing appetite for blockchain-based platforms that demonstrate real user adoption and market fit.

Looking to the future, Sorare hinted at exploring utility token integration as a way to get rewarded for your trading and gaming activity, though specific timelines remain undetermined. For those tracking Solana (SOL) price forecasts, the migration represents measurable adoption momentum rather than a purely speculative interest.

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