Solana’s 40% decline in the past 30 days $SOL Stocks held by finance companies will be significantly reduced. Solana financial companies with negative holdings include Forward Industries (-64%), Solana Company (-65%), DeFi DevCorp (-42%), Sharps Tech (68%), and Upexi (47%).
At the time of writing, Solana was down more than 3% in the past 24 hours. $SOL is currently trading at $83.89, rebounding from the intraday price of $70.
I did it recently $SOL Will liquidation cause a decrease in Solana Treasury holdings?
There’s only one way Solana Financial Company knows how, and that’s to fail.
There’s no sign of a reversal, that’s why $SOL It is underperforming large-cap stocks. pic.twitter.com/pAMZy9D7mE
— Ted (@TedPillows) December 28, 2025
Solana’s price drop reflects a huge situation $SOL Friday saw a liquidation. On-chain data revealed Over $300 million in long positions were liquidated in the past 24 hours. The single largest liquidation amount was approximately $6.69 million.
This liquidation explains why the amount of SOL held by treasury companies has decreased significantly in recent weeks. On-chain data for 19 Solana financial institutions showed DAT holds approximately 18.5 million $SOL. The companies’ holdings are approximately $1.54 billion, down 39.1% in the past 30 days.
Forward Industries currently has 6.9 million people $SOL Its balance sheet value is approximately $580 million, followed by Solana Inc. at $2.3 million. $SOLworth more than $192 million. DeFi Development Corp holds 2.2 million $SOLis worth approximately $184 million, while Upexi and Sharps Technology hold approximately 2 million ($169 million) and 1.9 million ($167.6 million), respectively.
As of Thursday, Forward Industries had a market capitalization of $415 million, followed by DeFi Development at $96 million. Solmate Infrastructure had a market capitalization of $88 million, followed by Solana Company at $82 million. Upexi and Sharps Technology recorded market capitalizations of $70 million and $38 million, respectively.
As of Friday, DeFi Development had the highest 24-hour trading volume with over $10.7 million, followed by Forward Industries with $8.5 million. Upexi recorded a 24-hour trading volume of $5.1 million, while Solmate Infrastructure and Solana Company recorded $1.5 million and $1.12 million, respectively.
Will Samani’s optimism for Solana pay off?
Despite being a drop-in $SOL Multicoin Capital co-founder Kyle Samani revealed on Thursday that he intends to double down on his investment in Forward Industries. This initiative aims to increase indirect contact with Solana.
The crypto industry mogul said he remains optimistic about Solana and the broader crypto industry. he’s going to get more exposure $SOL Through his personal investments and as Chairman of Forward Industries.
“After nearly 10 years in cryptocurrencies, I am more confident than ever that cryptocurrencies will fundamentally change the financial circuit. I remain bullish on cryptocurrencies, and Solana in particular, and will continue to support my personal investments in this space and multicoin portfolio companies.”
–Kyle SamaniChairman of Forward Industries.
Samani also revealed that his optimism for cryptocurrencies stems from his belief that the CLARITY Act will spark a wave of new entrants to the market. He also believes the bill will encourage the adoption of digital assets in the future. The crypto investor resigned from his position at Multicoin, arguing that he needed to explore new areas of technology.
On-chain data revealed that $SOL Spot ETF I was attracted to On Thursday, it surpassed $2.82 million. The Fidelity Solana ETF had the highest net inflows of approximately $1.86 million. Cumulative net inflows into the fund also reached $158 million. Bitwise followed with the second-highest inflows at $1.48 million, with cumulative net inflows of $682 million.
as $SOL The Ministry of Finance continues Solana Foundation Chairman Lily Liu recently urged the cryptocurrency industry to return to its original focus on blockchain.: Finance. She called on the industry to refrain from years of attempts to frame blockchain as a general replacement for the modern internet.
