Companies Are Betting Big on Solana
Recent data from Strategic Solana Reserve shows that corporate treasuries now hold 17.11 million SOL tokens, worth over $4 billion. This is nearly 3% of all Solana in circulation.
The biggest holder is Forward Industries, with 6.8 million SOL valued at $1.61 billion. Other notable companies include Sharps Technology, DeFi Development Corp., and Upexi, each holding about 2 million SOL, worth over $400 million.
This trend isn’t new. Forward Industries launched its strategic reserve in September, backed by firms like Galaxy Digital, Multicoin Capital, and Jump Crypto. Shortly after, Galaxy bought $306 million of SOL in one day.
Helius Medical Technologies also created a $500 million Solana reserve. These moves show that companies now see Solana as a serious strategic asset, similar to Bitcoin or Ethereum.
Solana: Fast and Strategic
Compared to Bitcoin and Ethereum, Solana is still smaller. Companies hold 3.71 million BTC ($428 billion) and 5 million ETH ($22–30 billion).
But Solana has technical advantages:
- 2,600 transactions per second (Ethereum does ~15)
- Almost zero fees
- Staking yield of 6.8% (Ethereum is 3%)
These features are attracting big players. PayPal chose Solana to run its stablecoin, and partnerships with R3 connect Solana to banks like HSBC, Bank of America, and Singapore’s Monetary Authority.
The institutional interest in Solana isn’t just about speed or technology—it reflects a belief that innovation and performance will win over older networks.
