In a surprising shift away from Bitcoin dominance, several publicly traded companies are now stacking Solana—not for short-term price pumps, but for the reliable, passive income staking provides. As the market moves toward utility and yield, Solana is becoming a magnet for institutional capital. One of the latest moves came from Bit Mining, which used to focus entirely on Bitcoin. This week, the company pivoted into Solana with a $4.5 million buy and launched its own validator node. Upexi, a supply chain tech firm, has gone even bigger—accumulating over 2 million SOL in July. According to its CEO, that stash is now generating approximately $65,000 daily through staking rewards at an 8% return. Another player, DeFi Development Corp., originally rooted in real estate, now holds over 1.2 million SOL and is spreading that across validators for long-term yield generation and network support. Together, these companies are turning Solana from a speculative asset into a long-term yield machine. Top Public Companies by $SOL Holdings 1. Upexi, Inc – 1.9M 2. DeFi Dev. – 1.1M 3. SOL Strategies – 392.6K 4. Torrent Capital – 40K — CoinGecko (@coingecko) August 6, 2025 Retail Investors Are Flocking to This New Altcoin as Institutions Load Up on Solana While large corporations look to SOL for staking, retail investors are setting their sights on a different kind of opportunity—MAGACOIN FINANCE, a fast-rising altcoin that’s being hailed as the best crypto presale of the current cycle. With strategic tokenomics and a growing community, the project is attracting those who missed the early runs of coins like SHIB and DOGE. Analysts are pointing to a realistic 7,800% upside from current entry points, making it a rare shot for everyday investors to beat institutions to the next big thing. Presale slots are already filling up fast, adding pressure for early participants to secure their spot before major exchange listings. Staking Rewards Are Fueling Corporate Crypto Adoption According to CoinGecko data, just four publicly traded firms now hold more than 3.5 million SOL combined—worth over $590 million. This accounts for nearly 0.65% of the total supply in the hands of just a few players. This trend shows how companies are now chasing not just asset appreciation, but real, yield-driven revenue streams in crypto. Additionally, BitGo stated that Solana offers one of the most compelling staking models for institutions seeking a differentiator.It’s not just about token price anymore—it’s about building recurring crypto cash flows, something that’s pushing Solana further into mainstream corporate finance. Conclusion As publicly listed firms build out validator infrastructure on Solana and rake in daily staking rewards, it’s clear that institutional money is pivoting to yield-generating blockchains. Meanwhile, retail investors hunting for growth are fueling the rise of MAGACOIN FINANCE, a new altcoin already tipped by analysts for massive gains in the next bull cycle. With both sides of the market moving quickly, the window for early positioning may not stay open much longer. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance
