Crypto NewsNewsAmount of Solana (SOL) Held by US Companies Has Been Revealed -...

Amount of Solana (SOL) Held by US Companies Has Been Revealed – Here’s the Total Value

How much of the total supply of Solana (SOL), one of the largest altcoins, is held by US-based companies?

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According to data from the Strategic SOL Reserve platform, a total of 13 companies or institutions hold a total of 8.27 million Solana (SOL), or approximately $1.72 billion.

This amount corresponds to 1.44% of Solana's total supply, with 585,000 SOL of these assets already staked.

Solana price is currently trading at $207.75, marking a 2.3% increase over the last 24 hours.

According to the list, the following companies stand out among those holding the most SOL:

  • Sharps Technology, Inc. – 2.14 million SOL ($444.6 million)
  • Upexi, Inc. – 2 million SOL ($415.5 million)
  • DeFi Development Corp – 1.42 million SOL ($295 million, plus 158,886 SOL staked)
  • Mercurity Fintech – 1.08 million SOL ($225.1 million)
  • iSpecimen Inc. – 1 million SOL ($207.8 million)
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These 5 companies account for almost all of the top 13 institutions, with a total of 764 million SOL.

On the other hand, the amount of SOL staked was 585,059 SOL, worth approximately $104.1 million, and the average annual return rate was reported as 6.86%.

*This is not investment advice.

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