Solana Gains Ground as More Public Companies Add SOL to Their Balance Sheets - Coinedict

Solana (SOL) is quickly becoming a favorite among public companies looking to diversify their crypto holdings, joining Bitcoin and Ethereum as a preferred blockchain asset for institutional portfolios.

Over the past month, corporate treasuries have accumulated more than 6.3 million SOL, representing around 1.6% of the total circulating supply. Leading this movement are firms like Forward Industries, DFDV, Upexi, and Sharps Technology — together now holding roughly 2.46% of Solana’s total supply, valued at nearly $3 billion.

Corporate Treasuries Embrace Solana’s Speed and Efficiency

Unlike traditional ETFs, Digital Asset Treasuries (DATs) enable publicly traded companies to buy, stake, and actively use crypto assets — even in flat or volatile markets. These treasuries can generate yield through staking, validator operations, and DeFi participation, giving shareholders direct exposure to crypto performance.

Executives are drawn to Solana’s high-speed, low-fee blockchain, which offers unmatched transaction throughput and scalability compared to Ethereum. DFDV CEO Joseph Onorati highlighted Solana’s efficiency and real-world adoption as key reasons for the company’s growing confidence in the network.

Institutional exposure to Solana also received a major boost in 2024 when FTX’s estate began selling 41 million SOL to multiple firms under a multi-year vesting plan — helping distribute the token to corporate investors with long-term horizons.

Challenges and Opportunities Ahead

While Solana’s momentum is strong, analysts warn of liquidity risks compared to Bitcoin and Ethereum holdings. There’s also concentration risk if too many tokens are held by a few major players.

To mitigate this, companies like DFDV are expanding globally, creating regional Solana treasury franchises in markets like Japan and South Korea. Meanwhile, staking programs and token lockups continue to stabilize supply and offset inflation — reinforcing institutional confidence in Solana’s ecosystem.

Solana’s Institutional Era Has Arrived

The rise of Solana in corporate treasuries marks a new phase of institutional crypto adoption. As firms blend traditional finance strategies with blockchain innovation, Solana stands out for its speed, scalability, and real-world integration.

With billions now locked in Solana-based corporate assets, it’s clear that the blockchain is no longer just a retail favorite — it’s becoming a key pillar in the portfolios of public companies looking to participate in the digital economy’s next chapter.