Solana (Sol) is the largest digitally active in the capitalization market and is not left in the carrier of a company that opens cryptocurrency treasures.
To date, at least 13 companies have purchased at least 1,000 Suns. These are different types of entities, It highlights people cited in stock markets and investment funds.
Sharps Technology leads the list with 2.14 million sun stashes, currently worth $455 million.
It is then followed by upexi, an entity that accumulates 2 million suns, for the $425 million Treasury. Third Figure Development, which maintains a $1.42 million Solana, is worth $303 million.
Other entities with over 1,000 accumulated suns are mercury fintechs that maintain one million suns. Ispectmen, and a million more Solana. Sol Strategies manages 402,000 coins. Classover Holdings with 61,000 Sol. Artelo Biosciences with 45,800 Sol; Sol Global Investments Corp., 40,350 Sol. Capital torrent with 40,000 sols. Bit Mining Limited, 27,190 SOL; Alalo, 14,900 currencies and Memestrategy, and 2,440 Solana accumulates.
The trends in these companies accumulating SOL continue to the broader narrative that has spread since Bitcoin (BTC) was accumulated as a financial asset, and spread to other digital assets with less capitalisation, such as Ether (ETH), XRP and of course Solana.
Following the example of strategy and its president, Bitconner’s Michael Saylor, These companies implement corporate debt strategies to acquire Nikko.
In a recent case, in the case of Lion Group Holdings, the entity acquired a $600 million credit line, acquired cryptocurrencies, and integrated them into a balance. Cryptonoticias reported that the company will purchase Token Hyper, SUI and SOL.
In general, institutional purchases of SOL have been filmed in recent months, with at least 8.27 million units being managed by these entities. That figure is a 136% increase compared to the 3.5 million summits thrown by these agencies in June this year.
It must be taken into consideration that the trend to accumulate Sol is supported by three giants in the Cryptocurrency industry, including Galaxy Digital, Multicoin Capital and Jump Crypto. This adds to the efforts of Panther Capital, which will turn the Nasdaq company into the Sun’s Treasury.
This bulk purchase of cryptocurrency affects the circulating supply of 540.6 million solar, so the trends of companies and entities to accumulate SOL are beneficial to their digital assets. As a principle of supply and demand, it creates bullish pressure on cryptocurrency prices.
Similarly, this trend could increase the confidence and legitimacy of its digital assets in the market, which would serve as an incentive for new institutional and retail investors to be included in Solana’s story as a value reserve.
Is it a “bubble” about to explode?
The rise in Solana’s Treasury and other cryptocurrency is growing, but some people warn that It could be a trend that amounts to a financial bubble that is about to explode.
For example, analyst Manuel Terrorones Godoy confirms that companies that have opened cryptocurrency treasures based on corporate debt emissions take the important risk of losing their valuation given that the weakness of this model is the relationship between the value of the action and the relationship between the assets it was invested in.
«The real risk is that the action does not rise. “If it doesn’t rise, we won’t be able to issue more purchases or pay our previous debt,” he explained.
He recalled that these companies issued debts or actions to buy cryptocurrency, This increases the value of the Treasury and the price of your actions in the stock market.
“We buy low-capitalization companies. Many are not from cryptocurrency either. We change names as needed and start issuing shares for crypto-active purchases,” says Godoy.
As Capriole Investments Analysis Firm sees it, cryptocurrency financing companies are bubbles that can cause a model collapse characterized by being explosive, overwhelming or over-leading.
The entity’s CEO, Charles Edwards, says that if a company that has cryptocurrency as a protected asset is forced to settle in the middle of fall coins and a decline in the market, selling pressure on the prices of these currencies will be amplified, causing a domino effect.
However, the trends of companies accumulating cryptocurrency remain potential, and every time a new entity adds, it may be fashion, but for others, A new strategy to stay in large companies.
