Solana Treasury Adoption Gains Momentum: 13 Entities Hold 1.55% of Circulating Supply

Solana's treasury adoption is accelerating with 13 publicly listed companies now holding nearly $1.8 billion in SOL, led by Upexi Inc., DeFi Development Corp., and Sol Strategies. The number of companies adopting Solana is expected to grow as DeFi Development Corp. targets $1B in SOL holdings and Galaxy Digital, Jump Crypto, and Multicoin Capital aim to raise $1B for a joint Solana treasury. Solana's growing role as a serious competitor in the digital asset treasury market is signaled by the scale and speed of new capital being mobilized.

The blockchain ecosystem is witnessing a significant shift as Solana's treasury adoption gains momentum. With 13 publicly listed companies now holding nearly $1.8 billion in SOL, led by Upexi Inc., DeFi Development Corp., and Sol Strategies, the number of companies adopting Solana is expected to grow. DeFi Development Corp. aims to reach $1 billion in SOL holdings, while Galaxy Digital, Jump Crypto, and Multicoin Capital are working together to raise $1 billion for a joint Solana treasury. This rapid mobilization of capital signals Solana's growing role as a serious competitor in the digital asset treasury market.

Institutional investors are drawn to Solana's sub-second transaction finality and low fees, making it an attractive option for treasury allocations. The $1.8 billion held by these companies represents a substantial increase from previous years, indicating a maturing ecosystem that is now gaining the attention of major financial players.

The strategic entry points for investors are becoming increasingly clear. With the U.S. Securities and Exchange Commission's (SEC) decision on Solana ETFs expected by October 2025, investors can position themselves ahead of potential inflows. The launch of the REX-Osprey Solana + Staking ETF (SSK) in Q3 2025, which attracted $1.2 billion in assets within 30 days, demonstrates the velocity of institutional adoption. The 7.3% staking yield offered by SSK provides a compelling return in a low-interest-rate environment, further incentivizing institutional participation.

The $1 billion treasury initiative led by Galaxy Digital, Multicoin Capital, and Jump Crypto is another significant development. This joint effort aims to stabilize liquidity, enhance governance, and fund ecosystem growth. The initiative positions Solana as a strategic reserve asset competing with Bitcoin and Ethereum. The involvement of Kyle Samani, founder of Multicoin Capital, underscores the strategic vision behind this move, leveraging Solana's high-performance infrastructure and real-world asset (RWA) tokenization capabilities.

The timeline for this initiative is aggressive, with the deal expected to close by early September 2025. This urgency reflects the firms' confidence in Solana's ability to outperform other blockchains in the post-ETF era. The institutional validation of Solana, coupled with its focus on RWA and compliance-friendly infrastructure, positions it to navigate regulatory scrutiny better than less transparent blockchains.

For investors, the key lies in aligning with these institutional flows rather than chasing speculative hype. Pre-approval positioning, diversified portfolio integration, and leveraging staking yields are actionable strategies to capitalize on Solana's growing institutional adoption. As the ecosystem matures, Solana is poised to redefine capital allocation in the 21st century.

References:
[1] Institutional Solana Adoption: A New Era of Corporate-Driven Demand, Price Resilience [https://www.bitget.com/news/detail/12560604939666]
[2] Is Solana Poised for a Q4 ETF-Driven Altcoin Rally? [https://www.bitget.com/news/detail/12560604942853]
[3] Every U.S. Crypto ETF You Need to Know About in 2025 [https://www.coingecko.com/learn/list-of-crypto-etfs]
[4] Solana (SOL) Price Prediction 2025 2026 2027 - 2030 [https://investinghaven.com/solana-sol-price-predictions/]
[5] SEC postpones to October 2025 the decisions on three key ... [https://www.mexc.co/fil-PH/news/66296]