Solana News Today: Institutional Staking Drives Solana’s Quiet Bull Case

Solana's circulating supply has seen a decline in recent weeks, while price and market capitalization data suggest the network is entering a fresh growth cycle. According to the Strategic SOL Reserve, 13 institutional entities collectively hold 8.277 million Solana (SOL), representing 1.44% of the total supply [1]. These holdings, valued at $1.72 billion at a price of $208.15 per SOL, highlight a strong institutional interest in the cryptocurrency. Among the staked SOL, 585,059 tokens are currently generating an average return of 6.86% [1]. The reserve's data underscores an upward trend in staking activity, with holdings increasing from 7.7 million SOL on August 20 to 8.3 million by August 27 [1]. The rise in staking participation reflects a strategic allocation of SOL by public companies and corporate treasuries, with notable participants including Sharps Technology Inc., DeFi Development Corp, and Mercurity Fintech Holding [1].

Meanwhile, Solana's price performance has shown mixed results in the short term. As of late July 2025, the token was trading at approximately $187.72, with a market capitalization of $101.03 billion [3]. Over the past 30 days, the price increased by 33.51%, and in the 90-day window, it rose by 23.06%, indicating long-term growth despite recent volatility [3]. However, in the last 24 hours, the price declined by 2.65%, and the 7-day change was a positive 7.63%, suggesting market consolidation following a period of rapid price swings [3]. The circulating supply of SOL currently stands at 538.17 million tokens, according to MEXC data [3]. This figure represents a reduction compared to earlier 2025 levels, which could point to increased staking and reduced circulating liquidity, potentially supporting price stability [3].

Analysts and institutional investors are closely monitoring these supply-side dynamics alongside price action. The Strategic SOL Reserve's data reveals that staking activity has been managed actively, with 13 entities contributing to a combined pool of 0.102% of the total supply [1]. This level of participation, along with the rising staking yield, indicates a growing confidence in the long-term utility of the Solana network. Notably, the largest holders, such as Sharps Technology Inc., have not altered their holdings in the past 30 days, suggesting a stable institutional perspective [1]. In contrast, other entities, including Upexi Inc., reported a 15.3% increase in the USD value of their holdings, reflecting broader market optimism [1]. These developments highlight the ongoing institutionalization of the Solana ecosystem, as well as the strategic deployment of tokens for yield generation [1].

The price trajectory of Solana also shows signs of a potential breakout phase. Historical data from the Strategic SOL Reserve and MEXC indicate that the token has maintained a steady increase in market value over the past year [3]. The current price of around $187.72 is lower than the all-time high of $296, but the 30- and 90-day performance metrics suggest a resumption of upward momentum [3]. Furthermore, the circulating supply of 538.17 million SOL has remained relatively stable, which may support the network’s capacity to absorb higher demand without significant supply-side pressure [3]. The 24-hour trading volume of $583.69 million and a market cap of $101.03 billion underscore Solana’s continued relevance as a top-six cryptocurrency by market capitalization [3]. This ranking is particularly significant given the broader market volatility, as Solana has shown resilience compared to other high-profile assets [3].

The recent price and market data for Solana appear to support a narrative of growing adoption and institutional confidence. The Strategic SOL Reserve’s real-time tracking of institutional holdings provides a transparent view of the network’s capital structure, while the rise in staking activity reflects a maturing ecosystem [1]. At the same time, the token’s price action suggests that market participants are beginning to price in the network’s future utility and scalability, particularly in the decentralized finance (DeFi) and dApp sectors [3]. Given these developments, the Solana network is positioned to benefit from continued investment, particularly as the broader cryptocurrency market stabilizes and long-term investors seek assets with proven utility and growth potential.

Source: [1] Institutions Hold $1.72 Billion In Solana, Strategic Reserve ... (https://finance.yahoo.com/news/institutions-hold-1-72-billion-183405203.html) [2] SOL.CM=: Solana/USD Coin Metrics - Stock Price, Quote ... (https://www.cnbc.com/quotes/SOL.CM=) [3] Solana Price Today: Live SOL-to-USD ... (https://www.mexc.com/price/SOL) [4] Solana Price USD, SOL Price Live Charts, Market Cap & ... (https://www.bitget.com/price/solana) [5] Solana Price Today | SOL Price Index, Live Chart, Market ... (https://www.bybit.com/en/price/solana/)