Meet the public companies that are at $ 591 million in Solana

Four listed companies – Upexi, Inc., Defi Developments Corp (Defi Dev.), SOL strategies and Torrent Capital – are now among the largest institutional holders of Solana (SOL).

These entities jointly check more than 3.5 million SOL tokens worth more than $ 591.1 million.

Institutional Solana Holdings

According to the recent analysis of Coingecko, the combined importance of the four companies represent Almost 0.65% of the circulating power supply of Solana and around 0.58% of the total offer.

Upexi, Inc., who quickly built the largest publicly announced Solana Treasury, is Upexi. It has collected 1.9 million SOL in just four months. The company started its aggressive accumulation at the end of April 2025 and paid on average $ 168.63 per token for a total investment of $ 320.4 million.

Second, Defi Dev. possesses 1,182,685 Sol at an average cost of $ 137.07. This makes his interest of $ 198.9 million the most profitable among his colleagues with an estimated $ 36.8 million in non -realized profits.

The company continued to expand its position and has added the most 181,303 Sol on July 29 for $ 28.2 million for $ 155.33 per token. It has not given an indication to reduce its participations.

In the meantime, the Toronto-based SOL strategies with 392,667 Sol followed through a steady dollar cost average approach between June 2024 and July 2025, at an average purchase price of $ 166.86.

This methodical accumulation, supplemented with rewards, has brought its current appreciation to $ 66.0 million and a $ 3.9 million in non -realized profit. Torrent Capital completes the list with 40,039 Sol in the beginning of 2025 between five transactions with an average of $ 161.84. Although it was the smallest holder, Coetecko said that the early entry of Itorrent prior to Solana’s large meeting has yielded a win of $ 0.2 million, with its interest now more than $ 6.7 million.

Sol is almost important resistance level

Solana (SOL) has risen more than 14% in the past month and is now being traded above $ 180 amid a wider market bump. Pseudonymous Crypto trader XO described The rally as a “strong movement of the recent lows”, although he noticed that the crypto assets missed the “rounded retest structure” that usually preferred building a solid foundation.

XO added that the current zone remains a critical threshold for SOL’s short -term price.