Bitcoin and Ethereum are no longer the only ones to capture the attention of major institutional investors. Solana is now a new leading player in this elite. According to the latest data published by the Strategic Solana Reserve, business treasures today hold more than 17 million soil chips, a value exceeding $ 4 billion.
In short
- Solana's strategic reserves reached $ 4.03 billion with 17.11 million soil tokens owned by companies.
- Forward Industries leads the race with 6.8 million soil valued at $ 1.61 billion.
- These reserves represent almost 3 % of the circulating offer of Solana, or more than 600 million tokens.
Business cash flows that bet on Solana
The latest figures published Tuesday by Strategic Solana Reserve, the reserve monitoring tool, confirm a significant trend: business treasures linked to Solana now hold 17.11 million soil tokens, or more than $ 4 billion during the current course.
This represents almost 3 % of the supply in circulationvalued at more than 600 million tokens. Forward Industries alone concentrates the largest share, with 6.8 million soil, a valuation of $ 1.61 billion.
Behind this giant, other actors are also illustrated: Sharps Technology, Defi Development Corp. And Upexi, each having accumulated approximately 2 million soil, for amounts exceeding $ 400 million.
This institutional frenzy is not new. As of September, Forward Industries announced the creation of its strategic reserve, supported by heavy goods vehicles such as Galaxy Digital, Multicoin Capital and Jump Crypto. In the process, Galaxy offered himself 306 million dollars in soil in a single day.
The dynamics continued with the arrival of Helius Medical Technologies, which was a reserve of $ 500 million. These initiatives illustrate a clear point: business treasures now consider Solana as a credible strategic reserve, like Bitcoin or Ethereum.
Soil, between stock market delay and strategic opportunity
Solana still has a considerable delay in front of her elders. Bitcoin dominates with 3.71 million BTC in cash, or $ 428 billion representing 17 % of its total offer.
Ethereum is not to be outdone: companies hold nearly 5 million ETH valued at more than $ 22 billion, a figure that leaps at 30 billion including ETF.
However, these deviations tell only part of the story. On the technical level, Solana outstands clearly Ethereum with its 2,600 transactions per second against only fifteen for its competitor. Almost zero costs and storage yield of 6.8 % (compared to 3 % for Ethereum) strengthen its attractiveness.
This superiority already begins to seduce the institutional giants. Paypal held Solana to build the infrastructure of its stablecoin, a vivid validation of the solidity of the network.
In the same spirit, the agreement with Fintech R3 opens the way to strategic partnerships with leading actors such as HSBC, Bank of America or the monetary authority of Singapore.
The institutional bet on Solana is therefore not based solely on its technical performance. It translates a deeper conviction: the idea that performance and innovation will eventually prevail over priority.
With already $ 4 billion accumulated in business treasures, Solana crosses a major psychological milestone and confirms its new generation blockchain status, now taken seriously by the biggest.
Maximize your Cointribne experience with our 'Read to Earn' program! For each article you read, earn points and access exclusive rewards. Sign up now and start accumulating advantages.
