$SOL Solana's ownership can be understood in two ways: the founder and the largest token holders.

Founder

Anatoly Yakovenko is the lead founder and CEO of Solana Labs, the company behind the Solana blockchain. He co-founded Solana in 2018 with Raj Gokal. Yakovenko, a Ukrainian-born computer engineer turned American entrepreneur, is credited with developing the Proof-of-History consensus mechanism that powers Solana's fast transaction speeds and scalability ¹ ².

Largest Token Holders

According to the Solana Rich List, the top 10 richest addresses hold approximately 44.10% of the total SOL token supply. The largest holder, with 20.30% of the total supply, is address 0x4ed046f15507d9ddb46932cf4836f60b372a2834, holding 203,001,630,417,981 SOL tokens ³.

It's worth noting that Solana has faced controversies, including a class-action lawsuit alleging that the company sold unregistered securities tokens and misled investors about the total circulating supply of SOL tokens ¹.