Other notable players include DeFi Development, which rebranded to focus entirely on Solana in April 2025. It now holds around 1.1 million SOL and is often referred to as “Solana’s MicroStrategy” due to its bold acquisition strategy. Meanwhile, Torrent Capital trails far behind with holdings of just 40,000 SOL.
The volatility of Solana’s price remains a key concern. Despite increased adoption, the token’s recent downturn has impacted overall treasury performance. In contrast, Ethereum treasuries have shown more stable returns, continuing to attract a broader investor base.
Still, CoinGecko’s report suggests that Solana’s low participation rate in the corporate treasury space leaves room for early movers to gain a strategic advantage. Should the asset recover in value, these early adopters — especially Upexi and DeFi Development — could be positioned as trendsetters in a budding niche market.
While Bitcoin continues to dominate corporate crypto treasuries globally, and Ethereum is a strong second, Solana’s emerging presence marks a significant development for altcoin adoption at the enterprise level.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are volatile and risky. Always conduct your research before making any investment decisions.
