Institutional SOL Reserves Surge: Addition of Over 1.2 Million SOL in a Week
Strategic SOL Reserves (SSR) have shown strong accumulation momentum, with an addition of over 1.2 million SOL in the last week. This significant increase indicates growing institutional interest and confidence in the Solana cryptocurrency ($SOL).
Based on the "SSR + Staking Reserves" chart tracking institutional holdings over 7 days:
Total Increase: Institutional holdings have increased by +20.321 million SOL, or 12.5% during the displayed period.
Consistent Trend: The graph line shows a steady and nearly linear increase from December 1 to December 7, reflecting consistent daily accumulation by institutions.
Institutional Adoption: The accumulation of SOL by large institutions indicates that Solana is not only seen as a speculative asset but also as a long-term strategic asset in corporate portfolios and treasuries. The value of SOL is bolstered by high throughput, low costs, and attractive staking yields (around 6–8%) that appeal to institutional investments.
This surge adds bullish signals for Solana, supported by the prospect of spot ETF approval for Solana in the US and corporate adoption viewing SOL as a dynamic asset and yield-generating in the corporate treasury landscape.
You can also see that in the futures market (based on the heatmap chart), SOL contributes significant trading volume of $12.88 million, though smaller compared to $ETH ($87.98M) and $BTC ($40.97M).
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