According to the latest data, 13 well-known institutional investors have included Solana (SOL) in their investment portfolios, with total holdings reaching 8.277 million pieces, accounting for approximately 1.44% of the total supply of SOL. These institutions not only hold SOL but also actively participate in stake, with approximately 585,000 SOL currently staked, valued at around $104 million, with an average Annual Percentage Rate of 6.86%.


The five institutions with the largest open interest are as follows:
1. Sharps Technology: Holds 2.14 million SOL, worth approximately $460 million, with recent holdings stable.
2. Upexi: Holds 2 million SOL, worth approximately $400 million, with a 15.3% increase in the last 30 days.
3. DeFi Development Corp: Holds 1.42 million SOL, worth approximately $305 million, with a 5.2% increase in the last 30 days.
4. Mercurity Fintech: Holds 1,083,000 SOL, worth approximately $233 million, with no recent changes in holdings.
5. iSpecimen Inc: Holds 1 million SOL, valued at approximately $215 million, with a significant increase of 12.4% in the last 30 days.
These institutions have adopted a strategy of holding and staking, which may reflect their confidence in the long-term value of SOL. It is worth noting that some institutions have significantly increased their open interest recently, especially the institutions ranked second and fifth.
The continuous increase in holdings and staking by institutional investors provides certain support for the future development of SOL. However, the cryptocurrency market has always been highly volatile, and investors still need to carefully assess risks. With the rise in institutional participation, the market performance and future trends of SOL are worth ongoing attention.
SOL0.96%
DEFI0.84%
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