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Solana News Today: "Solana Treasury Allocates Billions in Staking, Offering 7.7% Returns Amid Ongoing Market Skepticism About Crypto Rebound"

Solana News Today: "Solana Treasury Allocates Billions in Staking, Offering 7.7% Returns Amid Ongoing Market Skepticism About Crypto Rebound"

Bitget-RWA2025/11/16 12:02
By:Bitget-RWA

- Upexi , a Nasdaq-listed Solana treasury firm, reported $66.7M net income in Q1 2026, driven by $78M in unrealized gains from its 2.18M SOL holdings. - The Solana treasury sector now holds 24.2M SOL ($3.44B), with Upexi ranking fourth and staking yields averaging 7.7% as a corporate asset class. - Market volatility triggered defensive moves like Upexi's $50M share buyback, while its stock trades at 0.68x NAV amid broader crypto skepticism. - Solana's on-chain activity outpaces Ethereum , with TVL reaching

Upexi, a Solana-centric treasury company listed on Nasdaq,

for the first quarter of fiscal 2026, largely due to $78 million in unrealized profits from its (SOL) portfolio. The firm posted a net profit of $66.7 million, a dramatic turnaround from a $1.6 million deficit in the same quarter last year, as staking income and targeted fundraising efforts spurred expansion. Upexi's overall revenue climbed to $9.2 million, with $6.1 million attributed to digital assets, underscoring Solana's growing significance as a source of yield. The company also from A.G.P. to reinforce its Solana-focused treasury approach, highlighting its dedication to sustained value growth.

The Solana treasury industry as a whole is experiencing rapid growth,

24.2 million SOL—worth about $3.44 billion—which accounts for 3.5% of the total Solana supply. Forward Industries (FORD) tops the list with 6.8 million (valued at $966 million), while holds the fourth spot with 2.18 million SOL (worth $315 million). A portion of these assets is staked to generate returns, highlighting Solana's emergence as a corporate investment vehicle. are 7.7%, making it an attractive alternative to conventional treasury strategies.

Solana News Today:
Despite strong underlying metrics, the sector has faced market turbulence. Solana's price recently slipped from $143 to $134, such as Upexi's $50 million stock buyback initiative. The company's share price, which has dropped 47% from its $6.50 high, mirrors broader market caution. Experts point out that, although institutional Solana holdings remain steady, stock prices have lagged behind net asset values (mNAV), with Upexi trading at 0.68 and FORD at 0.82. persistent doubts about the macroeconomic risks associated with crypto.

At the same time, Solana's on-chain metrics remain strong, with

surpassing those of and other rivals. Decentralized applications (DApps) continue to be the main revenue drivers, and total value locked (TVL) has climbed to $12 billion, further extending Solana's advantage over Chain. Still, on resolving global conflicts and uncertainties in the AI industry.

Allan Marshall, Upexi's CEO,

in Solana's potential as a "winning asset in the endgame," referencing expert advice and plans to maximize validator fee returns. The firm also suggested it may use staking profits for share buybacks to address significant market undervaluation, though its primary focus remains on sustainable growth. across the industry, with Forward Industries recently approving a $1 billion buyback plan.

The rapid expansion of Solana-based treasury operations is transforming digital asset management, as companies use blockchain to safeguard capital and generate income. As more institutions get involved, the distinction between traditional treasury assets and crypto holdings continues to

, indicating a more mature marketplace.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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