Solana Reserves Reach 17.1M SOL, 7.4M Staked at 7.96%
Crypto traders should note that institutional Solana reserves have surged to 17.112 million SOL—2.98% of total supply—up from 11.739 million SOL (2.04%). Of these SOL reserves, 7.405 million SOL (1.228% of supply) are actively staked with validators, earning an average staking yield of 7.96%, compared to 6.86% previously. Leading allocators include Forward Industries (6.822 M SOL), Sharps Technology (2.14 M SOL), DeFi Development Corp (2.028 M SOL), Upexi (2.00 M SOL), and Galaxy (1.35 M SOL). Growing institutional investment in Solana and increased staking exposure could tighten liquid SOL supply, boosting yield-bearing treasury strategies and potentially influencing market liquidity and price stability.
Bullish
The increase in Solana reserves held by institutions from 11.739 M to 17.112 M SOL and the rise in staked holdings to 7.405 M SOL at an enhanced yield of 7.96% suggest stronger institutional confidence. Higher staking reduces circulating supply, potentially creating a supply squeeze that supports upward price pressure in the near term. Meanwhile, robust staking yields and larger treasury allocations may attract further capital inflows, underpinning long-term demand for SOL. Combined, these factors point to a bullish market impact for Solana.