Solana treasuries are corporate and institutional holdings of SOL tokens; Strategic Solana Reserve reports 17.11 million SOL (~$4.03 billion), representing nearly 3% of circulating SOL. Major allocators include Forward Industries (6.8M SOL) and several crypto-native firms fueling institutional accumulation.
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17.11M SOL in corporate treasuries: ~$4.03B total
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Largest holder Forward Industries: ~6.8M SOL (~$1.61B)
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Solana reserves equal nearly 3% of circulating supply; Bitcoin and Ether treasuries remain larger
Solana treasuries surge: 17.11M SOL worth $4.03B; read the breakdown and implications for institutional accumulation.
Strategic Solana Reserve data shows that Solana treasuries have hit 17.11 million SOL tokens, worth over $4 billion at current prices.
Solana-based corporate treasuries have surged past $4 billion as companies continue to accumulate the cryptocurrency, according to new data.
Data from the reserve tracker, Strategic Solana Reserve, showed on Tuesday that Solana treasuries hit 17.11 million tokens, worth $4.03 billion at current prices. The reserves account for nearly 3% of Solana’s (SOL) circulating supply of more than 600 million tokens.
The largest participant is Forward Industries, which holds more than 6.8 million SOL, worth $1.61 billion. Other firms such as Sharps Technology, DeFi Development Corp. and Upexi each hold roughly 2 million SOL, with individual allocations exceeding $400 million.
Top Solana strategic reserves. Source: Strategic Solana Reserve
What are Solana treasuries and how large are they?
Solana treasuries are corporate and institutional reserves of SOL held on company balance sheets. Strategic Solana Reserve reports 17.11 million SOL in such treasuries — about $4.03 billion — representing nearly 3% of SOL’s circulating supply, driven by recent coordinated purchases.
Why are companies building Solana reserves?
Companies build Solana reserves to gain exposure to network growth, support ecosystem services, and demonstrate long-term conviction. Recent activity shows crypto-native firms funding reserves and venture participants acting as backers. Public statements by major investors, including Pantera Capital’s CEO Dan Morehead on CNBC, underscore institutional interest.
Which firms hold the largest Solana reserves?
Forward Industries is the largest reported holder with ~6.8M SOL (~$1.61B). Other significant allocations include Sharps Technology, DeFi Development Corp., and Upexi at roughly 2M SOL each. Helius Medical Technologies and fund partners (Pantera Capital, Summer Capital) also announced sizable reserve plans.
How do Solana reserves compare to Bitcoin and Ether treasuries?
Solana reserves remain smaller than Bitcoin and Ether treasuries. BitcoinTreasuries.NET reports ~3.71M BTC in corporate treasuries (~$428B, ~17% of BTC supply). Strategic ETH Reserve lists nearly 5M ETH (~$22B), while ETH held in ETFs totals ~6.77M (~$30B). Solana treasuries at $4.03B are growing but still a fraction of BTC and ETH reserves.
What are the immediate market implications?
Increased corporate accumulation can reduce available float and elevate price sensitivity to large trades. Short-term buying sprees — including reported Galaxy purchases — contributed to recent SOL demand. Institutional reserve-building also signals confidence among crypto-native firms and funds in Solana’s throughput and cost profile.
Frequently Asked Questions
How many SOL do corporate treasuries hold?
Corporate treasuries hold 17.11 million SOL according to Strategic Solana Reserve, valued at approximately $4.03 billion at current market prices.
Who funds major Solana reserves?
Major reserves have been funded by crypto-native firms and institutional backers. Named participants in announcements include Galaxy, Multicoin Capital, Jump Crypto, Pantera Capital and Summer Capital (as reported in public statements and interviews).
Key Takeaways
- Scale: Solana treasuries total 17.11M SOL (~$4.03B), ~3% of circulating SOL.
- Concentration: Forward Industries holds the largest single allocation (~6.8M SOL).
- Context: BTC and ETH corporate reserves remain far larger, but SOL accumulation signals rising institutional conviction.
Conclusion
Solana treasuries have accelerated as crypto-native firms and institutional backers accumulate SOL, pushing corporate reserves to 17.11 million tokens (~$4.03 billion). While smaller than Bitcoin and Ether treasuries, this growth underlines institutional interest in Solana’s performance and may tighten available supply. Watch reserve trackers and official announcements for updates and allocation changes.
Ether-based treasuries hold billions in ETH. Source: Strategic ETH Reserve
Published: 2025-09-16. Updated: 2025-09-16. Author: COINOTAG.
