Institutions Accumulate $1.77B in Solana Holdings, Data Shows

Strategic Reserve Data Highlights Corporate SOL Allocations and Staking Growth

Fresh figures from the Strategic SOL Reserve reveal that 13 entities, including publicly traded firms and corporate treasuries, now control a combined 8.689 million Solana, valued at $1.77 billion at a current crypto price of $204 per SOL. This represents 1.51% of the token’s total supply, underscoring the scale of institutional interest in Solana as both an investment and staking asset.

Among the largest holders, Sharps Technology Inc. (NASDAQ: STSS) leads with 2.14 million SOL worth $436.6 million, while Upexi Inc. (NASDAQ: UPXI) closely follows with 2 million SOL valued at $416.3 million, reflecting a 15.3% gain in USD terms. DeFi Development Corp. (NASDAQ: DFDV) holds 1.831 million SOL worth $295.6 million after a 5.2% rise, and Mercurity Fintech Holding (NASDAQ: MFH) controls 1.083 million SOL. The concentration of these positions highlights the growing role of public companies in Solana’s adoption.

Staking activity has intensified, with 585,059 SOL—equivalent to $104.1 million—locked to generate yields averaging 6.86%. The staked total climbed steadily from 7.7 million SOL on August 20 to nearly 8.7 million SOL by August 29, showing that institutions are not only holding but actively deploying assets into Solana’s ecosystem. The staking pool now represents 0.102% of total supply, strengthening network security while enhancing yield potential for participants.

The Strategic SOL Reserve platform details each allocation through live dashboards, offering metrics such as market cap, stock price, Solana’s traditional market cap (MNAV), and the percentage of supply attributed to each entity. Sharps Technology holds 0.372174% of circulating supply, while Upexi accounts for 0.369686%. This breakdown illustrates how institutions with backgrounds spanning healthcare, fintech, and biotechnology are converging on Solana exposure, diversifying the coin market cap landscape.

Entity performance remains uneven, with Upexi recording notable valuation growth and Sharps Technology maintaining stable positions. Meanwhile, DeFi Development Corp.’s moderate uptick signals steady institutional accumulation. The Strategic SOL Reserve’s gallery and analytics features allow detailed tracking of these shifts, presenting a clearer view of institutional inflows into Solana.

The aggregation of $1.77 billion in corporate SOL holdings adds a distinct layer to Solana’s evolving role in the broader crypto price index. It highlights a shift toward institutional allocation strategies, with real-time tracking now underscoring the importance of staking as both a yield generator and a stabilizing mechanism for the network.

This article has been refined and enhanced by ChatGPT.