Solana Reserves Hit 28.9M SOL With No Outflow as Institutional Holdings Remain Firm Over 7 Days

News

  • Solana’s managed reserves now hold 28.9M SOL worth $6.77B, with no outflows recorded over the past week.
  • SOL price rose 10.88% in seven days, hitting $235 before stabilizing above $230 amid rising trading volume.
  • Institutional participation in the Strategic SOL Reserve remained constant at 18 entities with a steady staking yield of 7.7%.

Solana, a high-performance blockchain platform similar to Ethereum but designed for high transaction speed and low costs, has continued to record new price levels. From a low of $0.5052 half a decade ago to the current price level and an ATH of $294.33, SOL continues to grow with record institutional growth.

Strategic and Staking SOL Reserves See Steady Growth with No Recorded Outflows 

Over the past week, Solana’s managed reserves have seen consistent growth, with no observed declines in holdings. The combined holdings of the Strategic SOL Reserve and the Combined Staking Reserve now total over 28.9 million SOL. These reserves, collectively valued at approximately $6.77 billion, remain a significant portion of the network’s circulating supply.

Source: Strategic SOL Reserve

The Strategic SOL Reserve currently holds 17.806 million SOL, equivalent to $4.16 billion in value. This reserve accounts for 3.10% of Solana’s total circulating supply. All holdings remain distributed across 18 tracked institutional entities, with no changes in participation during the seven-day period.

Staking Reserves Contribute to Network Yield

The Combined Staking Reserve manages 11.158 million SOL, valued at $2.61 billion. These tokens make up 1.94% of Solana’s circulating supply. The average yield reported from these staking reserves stands at 7.7%. This yield continues to support the network’s staking ecosystem without interruption or fluctuation.

Daily tracking over the past week shows uninterrupted increases in the total SOL allocated to both reserves. Each data point across the seven-day chart recorded incremental growth, indicating continuous inflows into the managed allocations.

Institutional engagement remained steady, with no drop in the number of active entities in the reserve program. No outflows or reductions were recorded during the monitored period, and the reserve share of circulating SOL remains consistently high.

What is the current market trend for Solana?

Tracking the ongoing price trend at the time of press, CoinMarketCap Solana (SOL) is currently trading at $231.67, showing a 7-day increase of 10.88%. The market cap stands at $126.37 billion, reflecting a 1.71% decline. Daily trading volume reached $6.46 billion, marking a 9.34 percent increase over the last 24 hours. The total supply of SOL is 611.3 million, with a circulating supply of 545.48 million.

Source: CoinMarketCap

The price chart shows consistent upward movement from September 30 through October 6, with no major downturns. On October 1, SOL began rising from $208.55 and maintained momentum through the week. The asset reached a high of $235 before stabilizing above $230.

Volume-to-market cap ratio over 24 hours stands at 5.09 percent. Fully diluted valuation is calculated at $141.64 billion. The chart indicates brief periods of consolidation followed by sharp upward moves. SOL maintained higher lows throughout the period, signaling steady accumulation. Price volatility remained contained despite market cap fluctuations.

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