Solana (SOL) Treasury: 17 Entities Hold 11.739M SOL Worth $2.9B — Sharps, DFDV & Upexi Top Holders

Data from Strategic SOL Reserve indicates 17 institutional entities maintain aggregate SOL Treasury Reserves totaling 11.739 million SOL, representing roughly $2.9 billion in notional exposure and about 2.04% of Solana’s circulating supply. This concentration highlights notable treasury allocation patterns among large holders without implying market-moving intent.

Within those reserves, approximately 585,000 SOL are currently delegated to validators, equating to an on-chain stake position valued near $104.1 million. The reported average staking yield stands at 6.86%, contributing to yield-bearing treasury strategies while accounting for about 0.102% of total supply.

The largest custodial positions are led by Sharps Technology (STSS) with ~2.14M SOL (~$528.5M), followed by DeFi Development Corp (DFDV) holding ~2.028M SOL (~$500.8M), Upexi (UPXI) at ~2.00M SOL (~$493.9M), and Forward Industries (FORD) with ~1.45M SOL (~$358.1M).