Solana SOL Holdings 2.3M with 7% Yield Amid Stock Drop
Nasdaq-listed Solana Company (HSDT) has increased its SOL holdings by about 100,000 tokens, bringing total reserves to over 2.3 million SOL. The firm stakes its holdings through institutional-grade validators and auto-restakes rewards to compound returns. Its average staking yield exceeds 7%, outperforming the 6.67% APY average of the top ten Solana validators by 35 basis points. Additionally, the company holds more than $15 million in cash and stablecoins to balance liquidity and yield. SOL trades at $199.69 with a $109.7 billion market cap and a weekly gain of 7.75%, backed by strong network metrics of 3,500 transactions per second and 3.7 million daily active wallets. However, HSDT’s stock price has slumped over 50% in the past month to around $6.75. Traders should note this significant SOL accumulation and elevated staking yield as indicators of sustained institutional interest, which may bolster market momentum for SOL tokens.
Bullish
The combined news shows that Solana Company is significantly increasing its SOL holdings and achieving above-market staking yields, indicating strong institutional demand and reduced circulating supply. Auto-restaking compounds returns and demonstrates on-chain capital discipline. Robust network performance and analysts’ technical outlook further support positive momentum. While HSDT’s equity price has fallen, this does not directly affect SOL trading. Overall, these factors are likely to boost SOL’s price in both the short term—by driving demand and positive sentiment—and the long term—through sustained staking rewards and institutional adoption.