Solana Treasury Adoption Explodes: 13 Major Entities Now Control 1.55% of SOL Circulating Supply
Corporate treasuries are diving headfirst into Solana—and they're not just dipping toes.
The Institutional Stampede
Thirteen entities just locked down a staggering 1.55% of SOL's entire circulating supply. That's not casual accumulation—that's strategic positioning.
Why Treasuries Are Betting Big
They're bypassing traditional finance's sluggish pipelines, cutting settlement times from days to seconds. No more waiting for Wall Street's morning coffee to settle trades.
The Cynical Reality Check
Meanwhile, traditional banks still charge wire fees for moving money at dial-up speeds—because nothing says 'innovation' like paying $30 for a transaction that takes three business days.
Solana's treasury movement isn't just gaining momentum—it's rewriting corporate finance playbooks in real-time.
The rise of Solana treasury strategy
The momentum behind Solana treasury strategy is accelerating, with corporate holdings expected to expand significantly in the coming months. DeFi Development Corp., currently the second-largest holder, has pledged to scale its reserves toward the $1 billion milestone. Additionally, Galaxy Digital, Jump Crypto, and Multicoin Capital are working with Cantor Fitzgerald to raise up to $1 billion for a joint Solana treasury, an initiative that has also received support from the Solana Foundation in Zug, Switzerland.
In parallel, Accelerate, led by Joe McCann, has announced plans to raise $1.51 billion to acquire 7.32 million SOL, a move that WOULD establish the largest private Solana treasury outside of the Foundation itself.
Although total corporate SOL holdings still lag far behind Bitcoin’s corporate treasury dominance of the scale and speed of new capital being mobilized signal Solana’s growing role as a serious competitor in the digital asset treasury market.