Institution $SOL 's Major Holdings Revealed, Is the Crypto World About to Change?

Friends in the crypto world, you better hold on tight today! According to reliable sources, 13 entities have surprisingly established a SOL treasury reserve, with total holdings reaching 8.277 million coins. This is no small matter but a significant event concerning the SOL ecosystem and the entire crypto world!

As a star currency in the crypto space, $SOL has always attracted attention. Now, the holdings of these institutional giants account for 1.44% of SOL's current total supply, with 585,000 coins staked, valued at over 100 million USD, and an average staking yield of 6.86%. What does this indicate? It indicates that institutions are confident in SOL's future, willing to hold long-term and stake for profits.

For instance, Sharps Technology holds 2.14 million SOL, valued at approximately 460 million USD, with their holdings remaining unchanged over the past 30 days. That’s some serious conviction! Upexi is closely following, holding 2 million SOL, valued at about 400 million USD, and has increased their holdings by 15.3% in the past 30 days. This is gearing up for a major move!

The large institutional holdings of SOL are clearly beneficial. Firstly, large institutions have sharp eyes; their heavy investments indicate that the SOL ecosystem does indeed have potential, and its stability naturally improves. Secondly, this trend is likely to attract a wave of retail investors and smaller institutions to follow suit, with SOL's price expected to rise further. However, the crypto space is highly risky, and one should think twice before following the crowd!

This wave of institutional holdings in SOL undoubtedly drops a heavy bombshell in the crypto world. Whether it's a blessing or a curse will depend on the subsequent market reaction.

Want to know how the trend of $SOL will unfold? What big moves will the institutions make next? $

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