Solana's staking leaderboard shows Coinbase, the Solana Foundation, Binance and Jito each holding over $1 billion in staked SOL. Behind them sit four unidentified whales controlling more than 20.6 million SOL worth roughly $2.1 billion combined, according to Stakingintel.live data.
Solana has traded above $100 since the end of August, but the bigger story sits away from the price chart. Tens of millions of SOL are locked in staking positions controlled by exchanges, institutional operators, liquid staking pools and, further down the list, a handful of entities nobody has identified.
Those positions turn $101 to $102 per SOL into billion-dollar piles of solana. Some of the network's biggest players therefore carry fortunes riding on the machinery underneath the price.
Coinbase Sits on a $2.45 Billion SOL Staking Mountain
At press time, solana (SOL) changes hands at $101.75 per coin, ranking seventh by market capitalization with a valuation of $59.98 billion. Unlike bitcoin, solana does not have a straightforward, official rich list cataloging its largest holders, so staking data offers one of the clearest windows into where large concentrations of SOL sit.
According to Stakingintel.live statistics, Coinbase ranks as Solana's largest staker with 24 million SOL. At current prices that position is worth roughly $2.45 billion, about 2.33% of the $105 billion in aggregate assets Arkham Intelligence estimates Coinbase holds. By comparison, approximately $74.81 billion of Coinbase's holdings sit in bitcoin, making the SOL stake look modest next to its BTC pile.
Right behind Coinbase, the Solana Foundation's staking withdraw authority holds 23,714,063 SOL, worth approximately $2.42 billion. A withdraw authority differs from a conventional whale wallet: SOL can be scattered across hundreds of separate stake accounts while one authority retains the power to withdraw those funds.
Binance and Jito Put Billions More SOL to Work
Third place belongs to the Binance BNSOL Pool, holding around 10,390,491 SOL valued at just over $1 billion. The pool is a liquid staking service: users deposit SOL and receive BNSOL tokens, letting them keep assets staked while trading the tokens or using them across DeFi platforms. That position is still peanuts next to Binance's roughly $165 billion cache of onchain assets, most of which is valued in BTC.
Jito's pool takes fourth place, holding 10,272,500 SOL, or roughly $1.05 billion at current prices. Depositing native SOL there mints JitoSOL, a liquid staking token representing the assets committed to staking.
Four Unknown Whales Have $2.1 Billion Riding on SOL
Figment Staking and Custody takes fifth place with 8,584,187 SOL, a position worth roughly $876 million. After Figment, recognizable names start disappearing from the leaderboard. An unidentified whale occupies sixth place with 5,617,500 SOL, currently worth about $573 million. Jupiter's JupSOL Pool holds seventh place with 5,171,110 SOL worth approximately $527 million.
The eighth, ninth and 10th-largest positions are all labeled unknown whales, and each controls almost exactly 5 million SOL — 5,003,404 SOL, 5,002,415 SOL and 5,002,390 SOL respectively, putting each stash at roughly $510 million. Together with the unidentified whale in sixth place, four unnamed entities control more than 20.6 million staked SOL worth approximately $2.1 billion.
Coinbase, the Solana Foundation, Binance, Jito and Figment put recognizable names on billions of dollars in staked SOL. Four anonymous heavyweights, however, carry another $2.1 billion between them — a reminder that even on a public blockchain, the people behind some of its largest fortunes can remain anyone's guess.
Source: Bitcoin.com News
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