Who Are the Top 10 Solana Holders?

Will Martin
Cryptocurrency Scripts
4 min readJul 13, 2024

Solana (SOL), a prominent blockchain platform known for its scalability and transaction speed, maintains a robust ecosystem supported by detailed supply and holder statistics.

Solana has a total supply of 580 million SOL tokens, with 464 million tokens actively circulating in the market. This active circulation represents about 80.0% of the total supply, underlining the extensive utilization of SOL within the ecosystem.

Transactions per Second (TPS)

One of Solana’s standout features is its ability to process up to 2,619 transactions per second (TPS). This high TPS rate positions Solana as one of the fastest blockchain networks operational today, catering to high-frequency transaction demands efficiently.

Holder Statistics on Solana MainNet

Examining the distribution of SOL among holders provides crucial insights into ownership concentration and market dynamics

  • Total Holders: The Solana MainNet accommodates 9,154,449 unique wallet addresses holding SOL, indicating widespread participation and engagement within the community.
  • Top Holder Concentration:
  • Top 10 Holders: Collectively own 6.58% of the total SOL supply, highlighting significant influence over market movements.
  • Top 20 Holders: Account for 11.03%, further illustrating concentrated ownership among influential stakeholders.
  • Top 50 and Top 100 Holders: Together possess 17.52% and 22.76% respectively, emphasizing the substantial impact these entities can exert on SOL’s liquidity and pricing.

Top Solana Holders and Their Holdings

The top 10 holders of Solana tokens play pivotal roles in the network’s governance and market stability. Here are the key details of these influential holders:

MJKqp326RZCHnAAbew9MDdui3iCKWco7fsK9sVuZTX2

  • Quantity: 5,178,991 SOL
  • Percentage: 1.01%

52C9T2T7JRojtxumYnYZhyUmrN7kqzvCLc4Ksvjk7TxD

  • Quantity: 4,371,056 SOL
  • Percentage: 0.85%

8BseXT9EtoEhBTKFFYkwTnjKSUZwhtmdKY2Jrj8j45Rt

  • Quantity: 3,927,080 SOL
  • Percentage: 0.77%

GitYucwpNcg6Dx1Y15UQ9TQn8LZMX1uuqQNn8rXxEWNC

  • Quantity: 3,628,341 SOL
  • Percentage: 0.71%

9QgXqrgdbVU8KcpfskqJpAXKzbaYQJecgMAruSWoXDkM

  • Quantity: 3,141,238 SOL
  • Percentage: 0.61%

9uRJ5aGgeu2i3J98hsC5FDxd2PmRjVy9fQwNAy7fzLG3

  • Quantity: 2,870,045 SOL
  • Percentage: 0.56%

EJRJswH9LyjhAfBWwPBvat1LQtrJYK4sVUzsea889cQt

  • Quantity: 2,794,681 SOL
  • Percentage: 0.55%

53nHsQXkzZUp5MF1BK6Qoa48ud3aXfDFJBbe1oECPucC

  • Quantity: 2,742,345 SOL
  • Percentage: 0.54%

8PjJTv657aeN9p5R2WoM6pPSz385chvTTytUWaEjSjkq

  • Quantity: 2,502,414 SOL
  • Percentage: 0.49%

AHB94zKUASftTdqgdfiDSdnPJHkEFp7zX3yMrcSxABsv

  • Quantity: 2,502,414 SOL
  • Percentage: 0.49%

Solana’s Influence and Market Dynamics

The actions of the largest SOL token holders wield considerable influence over market sentiment and liquidity. Their strategic decisions can sway SOL’s price trajectory, making their behavior pivotal for investors seeking to anticipate market movements and make informed decisions.

Solana’s Role in the Crypto Ecosystem

Beyond market dynamics, Solana remains a favored platform for launching meme coins and innovative decentralized applications (dApps). Its robust infrastructure and rapid transaction processing capabilities attract developers and entrepreneurs looking to leverage blockchain technology for scalable and efficient solutions.

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Will Martin
Cryptocurrency Scripts

Catching the latest trends in #crypto, tracking prices, researching #blockchain, and exploring the potential of this #Defi.