Institutional investors in Solana (SOL) have reached an astonishing level.
According to data from The Strategic Sol Reserve, 17 agencies hold a total of 11.73 million Sol in the Treasury. This amount accounts for 2.04% of the total current supply, and is worth around $2.9 billion.
Approximately 585,000 SOLs of these assets are being wagered, representing positions worth $104.1 million. The average pile return is 6.86%, accounting for 0.102% of the total supply.
Sharps Technology (STSS) is the first to rank among the largest SOL reserves. The company holds SOL 2.14 million, worth approximately $528.5 million. Then, Defi Development Corp (DFDV) is equipped with SOL 2.02 million and UpExi (UPXI) equipped with SOL 2 million. Forward Industries (Ford) came in fourth with a Sol of 1.45 million.
Meanwhile, Sol Price has risen 2.3% to $245.19 over the past 24 hours.
*This is not investment advice.
