The total open interest of 18 Solana treasury entities has surpassed 20 million SOL, worth approximately $4.21 billion.

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According to a report by Golden Finance, data from the Strategic SOL Reserve shows that the total holdings of 18 entities establishing the Solana treasury have reached 20.921 million SOL, valued at 4.21 billion USD, accounting for 3.64% of the current total supply of SOL. Among them, approximately 12.468 million SOL is used for staking, with an average staking yield of 7.7%, accounting for 2.168% of the total supply. The entities with the largest holdings are as follows:

  1. Forward Industries (FORD) ranks first, currently holding 6.822 million SOL, valued at approximately $1.69 billion;
  2. Sol Strategies (CFRF) ranks second, currently holding 3.55 million SOL, valued at approximately $853.7 million;
  3. Sharps Technology (STSS) ranks third, currently holding 2.14 million SOL, valued at approximately 400 million dollars.
  4. DeFi Development (DFDV) ranks fourth, currently holding 2.096 million SOL, worth approximately $421.9 million;
  5. Upexi (UPXI) ranks fifth, currently holding 2 million SOL, worth approximately $377.6 million.
SOL-1.88%
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GateUser-60319b0evip
· 09-28 00:56
SOL open interest blazing past 20M highlights strong institutional demand despite price dip. Bullish undercurrent remains. #Solana #CryptoAlpha
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