Four publicly traded companies – Upexi, Inc., DeFi Developments Corp (DeFi Dev.), SOL Strategies, and Torrent Capital – are now among the largest institutional holders of Solana (SOL).
They collectively own more than 3.5 Million SOL Tokens valued at over $591,1 million.
Institutional Solana Holdings
CoinGecko recently analysed the stakes of four different companies. represents About 0.58% and nearly 0.65% respectively of Solana’s supply is circulating.
Upexi, Inc., is the leader, having amassed the most Solana in a short period of time. In just four months, it has accumulated 1.9 million SOL. It began aggressively accumulating tokens in April 2025, paying an average of $168.63 for each one. The total investment is $320.4 millions.
DeFi Dev. The second place is DeFi Development. Its $198.9 Million stake makes it the most profitably among its peers, with an estimated $36,8M in unrealized profits.
It has been adding to its holdings. The most recent addition was 181,303 SOL, which cost $28,2 million and were priced at $155.33 each. The firm has not indicated that it will reduce its position.
Toronto-based SOL Strategies comes in second with 392,667 SOL, acquired by a dollar-cost-averaging method between June 2020 and July 2025 for an average price of $166.86.
This systematic accumulation combined with staking reward has raised the current value to $66.0 million and unrealized profits of $3.9million. Torrent Capital rounds off the top five with 40,039 SOL acquired in early 2025 over five transactions averaging $161.84. CoinGecko, despite being the smallest holder of SOL, said that iTorrent’s early entry before Solana’s major rally yielded a gain of $0.2 million, and its stake is now worth over $6.8 million.
The SOL trades are near key level of resistance
Solana’s (SOL), which is part of a larger market, has gained over 14% this month. It now trades above $180. surge. Crypto trader pseudonym XO described Rally as an event “strong move up off the recent lows,” Although noting that crypto assets lack the “rounded retest type structure” This is the most common method of building a solid base.
XO said that SOL’s price short-term trajectory is still influenced by the zone currently in place.
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Source: cryptopotato.com
