Wall Street Builds Up Significant Solana Holdings, Estimated at $1.7 Billion

Institutional investors are quietly accumulating significant amounts of Solana (SOL), with recent data revealing that these firms hold over $1.6 billion worth of the cryptocurrency. This equates to approximately 1.44% of SOL’s circulating supply, with a notable portion already committed through staking activity. The top institutional holders include Sharps Technology, which leads the pack with an impressive 2.14 million SOL, followed closely by Upexi and DeFi Development Corp.