Ahmet Bedirhan Arvas 
While institutional interest in crypto markets has long centered on Bitcoin and Ethereum, Solana (SOL) has recently come to the forefront in a striking way. The latest figures show that not only individual investors but also American companies have strong confidence in Solana.
According to the latest report from the Strategic SOL Reserve platform, 13 U.S.-based companies collectively hold 8.27 million SOL. This amount corresponds to approximately 1.72 billion dollars in value and represents 1.44% of Solana’s total supply.
Why Solana?
Several key factors stand out in institutional investors’ pivot toward Solana:
- High throughput and low fees: Solana is seen as one of the networks closest to solving scalability issues in the blockchain ecosystem.
- Growing ecosystem: The rapid expansion of DeFi, NFT, and Web3 projects on Solana increases the long-term value creation potential for companies.
- Staking yield: Companies are not merely holding assets; they also earn passive income through staking. Currently, 585,000 SOL are staked, providing an average annual yield of 6.86%.
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Companies with the Largest Solana Portfolios
The table below shows the top five companies by SOL holdings and their current market values:
| Company | SOL Amount | Value (USD) |
|---|---|---|
| Sharps Technology | 2.14 million | ~444.6 million |
| Upexi, Inc. | 2.0 million | ~415.5 million |
| DeFi Development Corp. | 1.42 million (+158,886 staked) | ~295 million (+staking yield) |
| Mercurity Fintech | 1.08 million | ~225.1 million |
| iSpecimen Inc. | 1.0 million | ~207.8 million |
| Total (these 5 companies) | ~7.64 million SOL | ~1.58 billion USD |
The shift of U.S.-based companies toward Solana is interpreted as a signal of a new wave of institutionalization in the crypto market. While such investments were previously concentrated in Bitcoin or Ethereum, Solana’s emergence as a “big league” player is noteworthy.
In the period ahead, this trend could:
- Accelerate ETF initiatives focused on Solana.
- Lead to greater inclusion of SOL in corporate treasury management strategies.
- Boost confidence in DeFi and Web3 projects within the ecosystem.
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