Solana News Today: Institutional Solana Holdings Surpass $591M as Staking Yields and Strategic Exposure Rise

Public companies have significantly increased their holdings in Solana (SOL), amassing over $591 million in the asset as of July 2025. This development signals growing institutional interest in the blockchain platform, as corporations begin to treat digital assets as strategic treasury holdings. According to data from Coingecko, these firms now control more than 3.5 million SOL tokens, representing approximately 0.65% of Solana’s total circulating supply [1].

Upexi, Inc. is the largest institutional holder, with a position of 1.9 million SOL valued at approximately $320.4 million. The company acquired its holdings between April and August 2025 at an average price of $168.63 per token. Despite a minor unrealized loss of $0.9 million, Upexi is staking its entire position, generating an 8% yield as of June 30. This staking strategy reflects long-term confidence in the Solana network [1].

DeFi Developments Corp. has also emerged as a major player, increasing its holdings to 1.18 million SOL. The firm recently added 181,303 tokens on July 29 for $28.2 million, bringing its total Solana exposure to nearly $199 million. This purchase reflects an unrealized gain of $36.8 million and underscores the company’s ongoing commitment to building Solana as a core part of its asset portfolio [1].

SOL Strategies, a Toronto-based firm, adopted a more methodical approach, accumulating 392,667 SOL over a 13-month period. This gradual strategy allowed the firm to achieve a cost basis of $166.86, with current holdings valued at about $66 million. The approach highlights the benefits of dollar-cost averaging in a volatile market [1].

Smaller players are also seeing returns. Torrent Capital, holding 40,039 SOL, acquired its position early in 2025 at an average price of $161.84, with the holdings now valued at $6.7 million. This demonstrates that even modest allocations can generate significant gains when made at the right time [1].

The trend of institutional adoption in Solana underscores a broader shift in how corporations are viewing digital assets. As more public companies allocate capital to crypto and benefit from yield generation through staking, the legitimacy of digital assets as a high-growth investment class continues to strengthen. The collective actions of these firms highlight not only Solana’s appeal but also the evolving landscape of institutional crypto investment [1].