Four publicly-traded corporations hold substantial investments in Solana, with one of them generating over $50 million in revenue.

In the ever-evolving world of cryptocurrency, Solana (SOL) is making waves as it gains traction among public companies. This article takes a closer look at four companies that have invested significantly in Solana, and the reasons behind their decisions.

First on our list is Upexi, Inc., the largest corporate holder of Solana, with a staggering 1.9 million tokens. Upexi's investment of $320.4 million has seen a current value of $342 million, resulting in an unrealized gain of $22.4 million. Notably, Upexi has delegated all its SOL for staking, earning an annual yield of 8%.

DeFi Developments Corp follows closely, with a substantial accumulation of SOL. The company has invested $162.1 million in SOL, currently valued at $212.8 million, yielding an unrealized gain of $50.7 million. DeFi Developments Corp's sustained investment in Solana suggests it views the cryptocurrency as a strategic asset. The company's latest acquisition of SOL was on July 29 for $28.2 million.

SOL Strategies, an investment firm based in Toronto, has also shown a strong commitment to Solana. The firm has accumulated 392,667 SOL from June 2024 to July 2025, with an average acquisition price of $166.86 and an investment of $62.1 million. SOL Strategies' holdings are currently valued at $70.6 million, with an unrealized gain of $8.5 million. The firm uses a dollar-cost averaging (DCA) strategy to mitigate volatility and participates in staking, indicating involvement in the governance and sustainability of the Solana network.

Torrent Capital, another player in the market, has invested $6.5 million in SOL, acquiring 40,039 tokens between January and April 2025 at an average price of $161.84. As of August, Torrent Capital's holdings are valued at $7.2 million, with an unrealized gain of $0.7 million. While Torrent Capital has not reported any new acquisitions or staking participation, its early entry ahead of Solana's main rally allowed it to secure a positive return position.

The corporate interest in Solana, with over $591 million at stake and gains already exceeding $50 million, is a clear signal that the market is evolving. The treasuries of the future could be as decentralized as the networks that inspire them. This trend is further underscored by Sharps Technology Inc., a company that plans to invest predominantly in Solana (SOL) as part of its digital asset treasury. Sharps Technology Inc. is expected to close a strategic partnership with the Solana Foundation for $50 million in SOL at a discount around August 28, 2025.

In conclusion, the four companies analysed in CoinGecko's report - Upexi, DeFi Developments Corp, SOL Strategies, and Torrent Capital - all share a conviction that Solana has a place in the future of corporate finance. As more companies follow suit, Solana's position in the cryptocurrency market is set to strengthen.

Four publicly-traded corporations hold substantial investments in Solana, with one of them generating over $50 million in revenue.