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    Home » Discover the Public Companies Holding $591 Million in Solana
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    Discover the Public Companies Holding $591 Million in Solana

    Staff ReporterBy Staff ReporterAugust 10, 2025No Comments3 Mins Read
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    Quick Takeaways

    1. Major Institutional Holdings: Four publicly traded companies—Upexi, DeFi Developments Corp, SOL Strategies, and Torrent Capital—control over 3.5 million Solana (SOL) tokens, valued at $591.1 million, representing nearly 0.65% of the circulating supply.

    2. Leading Accumulators: Upexi, Inc. has the largest Solana treasury with 1.9 million SOL acquired for an average of $168.63/token, totaling investments of $320.4 million, while DeFi Developments follows with 1.18 million SOL at an average cost of $137.07, yielding significant unrealized gains.

    3. Acquisition Strategies: SOL Strategies adopted a dollar-cost averaging method to accumulate 392,667 SOL, enhancing its investment through staking rewards, whereas Torrent Capital has made smaller purchases but also benefits from early entry gains.

    4. Current Market Position: Solana has surged over 14% recently, trading above $180; however, traders note that it faces a critical resistance level, impacting its short-term price trajectory.

    Public Companies Hold $591 Million in Solana

    Four publicly traded companies now control over $591 million worth of Solana (SOL). These companies—Upexi, Inc., DeFi Developments Corp (DeFi Dev.), SOL Strategies, and Torrent Capital—hold more than 3.5 million SOL tokens.

    First, Upexi, Inc. is making headlines as the largest holder with 1.9 million SOL. The company began accumulating tokens in late April 2025. Upexi has spent an average of $168.63 per token. In total, it invested about $320.4 million.

    Next, DeFi Dev. ranks second with a stake of 1,182,685 SOL. The average purchase price was $137.07, leading to a current value of $198.9 million. Recently, the firm added 181,303 SOL for $28.2 million, signaling confidence in future growth.

    Meanwhile, SOL Strategies holds 392,667 SOL. This company employed a dollar-cost averaging strategy between June 2024 and July 2025. Its accumulated tokens have a valuation of $66 million, including $3.9 million in unrealized gains.

    Finally, Torrent Capital, despite being the smallest holder, purchased 40,039 SOL in early 2025. Its total investment now stands at over $6.7 million, thanks to a $0.2 million gain.

    These institutional investments signify growing interest in Solana as a viable blockchain solution. Solana’s unique qualities, such as fast transactions and low fees, continue to attract major players in the tech industry. Consequently, many view it as a powerhouse for future technological development.

    Currently, SOL trades above $180, experiencing a 14% increase in the past month. This surge reflects a broader market uptrend. Pseudonymous trader XO highlighted the rally as a strong move but noted the importance of overcoming resistance levels for sustained growth.

    Overall, these public companies are positioning themselves to leverage the evolving landscape of cryptocurrency and blockchain technology. As they invest, they support the advancement of these digital assets, aiming to resolve real-world issues through innovative financial solutions.

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    Disclaimer

    This content is for informational and entertainment purposes only and does not constitute financial or investment advice. Cryptocurrency is highly speculative and carries significant risk, including the potential loss of your entire investment. Do not make financial decisions based on this information. Consult a licensed financial advisor before investing. This site does not offer, sell, or advise on cryptocurrency, securities or other regulated financial products in compliance with SEC and applicable laws. Please do your own research and seek professional advise.

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    John Marcelli is a staff writer for IO Tribune, with a passion for exploring and writing about the ever-evolving world of technology. From emerging trends to in-depth reviews of the latest gadgets, John stays at the forefront of innovation, delivering engaging content that informs and inspires readers. When he's not writing, he enjoys experimenting with new tech tools and diving into the digital landscape.

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