06 Feb, 2026
2 minutes
The Solana rich list is a list that ranks the largest on-chain wallets that hold SOL. It can be used to get a view into who owns the most Solana, as well as how much is owned. The state of ownership as of 2026 is different. For example, many of the largest on-chain wallets no longer belong to individuals but to staking platforms, exchanges, and other infrastructure that hold SOL on behalf of a large number of users. For that reason, the SOL rich list 2026 is a view into the state of ecosystem-level custody and staking.
Understanding the Solana rich list can help explain how much is staking, how much is held on exchanges, and more as the Solana network grows as a global blockchain.
From an analysis of the Solana rich list, it becomes obvious that the largest SOL holders in 2026 are not individuals but rather key entities in the ecosystem. The largest SOL holders comprise staking systems, centralized exchanges, custodial solutions for institutions, and fundamental DeFi applications.
Liquid staking solutions now hold considerable portions of the circulating supply as they hold SOL on behalf of thousands of delegators staking on the network. Centralized exchanges are also seen as prominent SOL holders on the SOL rich list 2026 as they hold SOL on behalf of millions of traders and investors. In addition, new layers of SOL custody have been created through institutional products such as funds and exchange-traded products.
| Holder | SOL amount | Notes |
|---|---|---|
| Forward Industries | 6.82 million | Corporate buyback programme |
| Solana Company | 2.2 million | Corporate treasury holding |
| DeFi Development Corp | 2.09 million | Large ecosystem participant |
| Upexi | 2.01 million | Institutional holder |
| Rothschild Investment / PNC Financial Services (ETF holdings) | - | New institutional exposure via ETF products |
| Largest anonymous wallet | < 1.86% of total supply | Share diluted through increased trading activity |
There are still early adopters and whales with large holdings, but they no longer occupy the top ranks as they once did. Therefore, the answer to the question of who holds the most Solana is more related to the platforms than the owner of the wallet.
The SOL rich list of 2026 is the final determinant of how Solana's growth has changed the ownership of the network.
In addition to staking protocols and exchanges, there is now a visible tier of corporate treasuries and institutional vehicles in the Solana rich list. By 2026, there are several publicly known firms and financial organizations that hold significant SOL reserves, signifying that Solana has moved from being a developer-focused ecosystem to being a well-known asset.
Several firms have publicly announced direct or indirect exposure to SOL as part of their overall digital asset strategies.
Forward Industries - Notified of holding around 6.82 million SOL as of late 2025, in connection with a large-scale corporate buyback program that has again focused attention on SOL as a treasury asset.
Solana Company - Currently holds around 2.2 million SOL in corporate treasury reserves, which reflects long-term alignment with the SOL ecosystem rather than trading activity.
DeFi Development Corp - Controls around 2.09 million SOL, making it one of the larger ecosystem-aligned institutional holders.
Upexi - Currently holds around 2.01 million SOL, reflecting the increasing adoption of digital assets as part of overall corporate balance sheets.
These holdings are substantial enough to place these firms near the top of the SOL rich list for 2026, although they are clearly strategic in nature rather than reflecting protocol-level holdings.
Institutional participation was also extended with the disclosure of SOL exposure through exchange-traded products and structured funds by Rothschild Investment and PNC Financial Services. While it may not always be publicly identifiable through on-chain labels, ETF custodians hold large SOL balances on their investors' behalf. They are therefore a significant part of the SOL rich list.
The introduction of Solana-based ETFs has helped spread SOL ownership by transferring large balances from existing whale accounts.
Current blockchain analytics indicate that there is a decrease in ownership concentration compared to previous years. For instance, the biggest unknown wallet now controls less than 1.86% of the total SOL supply, and this is due to increased liquidity in the system.
Concentration of SOL holders:
Top 10 holders: 6.58% of supply
Top 20 holders: Approximately 11.03% of supply
Top 50 holders: Approximately 17.52% of supply
Top 100 holders: Approximately 22.76% of supply
These numbers show that there is a more dispersed ownership pattern compared to previous years. This further indicates that the question of who owns the most SOL is largely institutional.
After the FTX collapse and subsequent liquidation of Alameda Research assets, existing SOL reserves are now distributed to liquidators and other parties. Such an event is a significant structural shift in the SOL rich list 2026, where early insiders within the ecosystem have lost their dominant share.
These centralized trading platforms are ranked high on the Solana rich list due to their holding of SOL on behalf of their millions of users. These funds are not necessarily held on behalf of the companies but are more likely held on behalf of their users for trading, withdrawal, and staking purposes.
Binance is one of the largest holders of SOL globally and has significant amounts of SOL held across its hot and cold wallets for purposes of providing liquidity for its users and providing staking and trading services for its users. Due to this aggregation of user funds into a small number of wallets for operational purposes, these wallets rank among the highest on the SOL rich list 2026.
Coinbase has significant amounts of SOL held on its platform on behalf of its retail and institutional users and its staking business. As one of the most regulated exchanges in the US, Coinbase is a conduit for institutional investment and therefore holds a significant amount of SOL on its platform.
OKX and Bybit have substantial SOL balances, which support the development of spot and derivatives markets. The balances of the exchange may change based on trading activity, but the large custody wallets ensure that they are the top holdings in the SOL rich list.
There isn’t a particular person who has the most SOL. Instead, staking platforms, exchanges, and custodians have the largest amounts of SOL. This is why you will find that most of the top spots on the SOL rich list are dominated by exchange accounts rather than individuals.
The SOL rich list represents the largest accounts holding SOL. However, it’s not always clear what’s holding that SOL. In many cases, you will find that some of the largest accounts are holding SOL on behalf of other users.
Exchanges are some of the largest accounts holding SOL. This is because they hold SOL on behalf of their users. If you see an exchange’s wallet holding a large number of SOL on the SOL rich list 2026, it’s not the exchange’s funds. Instead, they are holding funds that belong to their users.
Recent blockchain information indicates that the top 10 wallets hold a small percentage of the total supply, which is an improvement in distribution compared to previous years. The concentration of wealth, as evident in the Solana rich list, is no longer associated with individual whales but with infrastructure and institutions.
Not always with certainty. While some wallets are well-known or associated with organizations, the large wallets are often anonymous. The information on the blockchain indicates balances and transactions, but it does not necessarily indicate the owner unless it has been voluntarily disclosed or identified by analytics sites.
