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The Solana ecosystem is undergoing a silent yet powerful transformation. The latest data shows that 14 institutional entities have established SOL liquidity pools, collectively holding 10.267 million SOL tokens, which is approximately $245 million at current market capitalization. This figure accounts for 1.79% of Solana's current circulating supply. Although there is still a gap compared to the institutional holdings of Bitcoin and Ethereum, the rise potential is enormous.
Among these institutions, Sharps Technology Inc ranks first with a holdings of 2.14 million SOL, valued at approximately 50.93 million dollars. Following closely is DeFi Development Corp, holding 2.028 million SOL, valued at approximately 48.26 million dollars. In third place is Upexi, Inc., with a holdings of 2 million SOL, valued at approximately 47.60 million dollars.
This trend reflects the growing confidence of institutional investors in the Solana ecosystem. As more enterprise-level players enter the market, we may see the value and liquidity of the SOL token further rise. However, investors should remain cautious and closely monitor market movements and project developments.
In the future, as decentralized finance (DeFi) and Web3 applications continue to mature, Solana's status as a high-performance public chain may be further solidified. This not only benefits existing institutional Holdings but may also attract more enterprises and institutions to join the Solana ecosystem, driving the entire industry forward.