If you're into the Solana ecosystem, especially the wild world of meme tokens, you've probably heard about the growing trend of companies stacking SOL in their treasuries. It's like the Bitcoin corporate adoption wave, but on the faster, cheaper Solana blockchain. Recently, crypto commentator MartyParty (@martypartymusic) dropped a tweet that's got everyone buzzing: the top 10 Solana DATs (that's Digital Asset Treasuries for the uninitiated) as of September 22, 2025.
In his post, MartyParty shared a screenshot from the Strategic Solana Reserve tracker, highlighting a new player shaking things up. Solmate, under Brea Holdings, just entered the scene with a hefty $300 million in SOL, sourced from UAE investors and Santori. This move underscores how global players are betting big on Solana, which could mean more liquidity and hype for meme tokens built on the chain.
What Are Solana DATs and Why Do They Matter?
Digital Asset Treasuries refer to companies that hold cryptocurrencies like SOL as part of their balance sheets, similar to how MicroStrategy hoards Bitcoin. The Strategic Solana Reserve is a community-driven tracker that monitors these holdings, providing transparency into corporate adoption of SOL. More companies stacking SOL means stronger network effects—higher prices, more development, and ultimately, a thriving environment for meme tokens that rely on Solana's speed and low fees for viral launches and trading.
This list isn't just numbers; it's a signal of institutional confidence. With Solana's meme coin scene exploding—think tokens like Dogwifhat or Bonk—these treasuries could provide the stability needed for the next bull run.
Breaking Down the Top 10
Based on the latest data from the tracker, here's the rundown of the top entities holding SOL. I've pulled the key stats for each, including staked amounts, USD value, and market caps where available. Note that prices fluctuate, but this snapshot gives a solid view as of late September 2025.
Forward Industries Inc. (FORD)
- SOL Holdings: 6.822M (all liquid)
- USD Value: $1.69B
- Market Cap: $2.57B
- Stock Price: $27.80 (-8.70%)
- A corporate treasury leader, holding steady at the top with no recent changes.
Sharps Technology Inc. (STSS)
- SOL Holdings: 2.140M
- USD Value: $400.0M
- Market Cap: $216.3M
- Stock Price: $7.93 (-2.82%)
- Public company focused on tech, showing positive 30-day performance.
DeFi Development Corp (DFDV)
- SOL Holdings: 2.096M (validator staked)
- USD Value: $462.5M
- Market Cap: $433.0M
- Stock Price: $73.73 (+7.06%)
- Heavy into DeFi, contributing to network security via staking.
Upexi Inc. (UPXI)
- SOL Holdings: 2.000M
- USD Value: $377.6M
- Market Cap: $287.5M
- Stock Price: $6.14 (-6.61%)
- E-commerce player diversifying into crypto.
Solmate (Brea Holdings) (BREA)
- SOL Holdings: 1.215M
- USD Value: $300.0M
- Market Cap: $47.0M
- Stock Price: $19.35 (-0.66%)
- The newcomer! Backed by UAE funds, this infrastructure-focused entity is already making waves.
Mercury FinTech (MFH)
- SOL Holdings: 1.083M
- USD Value: $211.5M
- Market Cap: $690.8M
- Stock Price: $10.38 (+3.80%)
- Fintech corp treasury, climbing with strong trading volume.
iSpecimen Inc. (ISPC)
- SOL Holdings: 1.000M
- USD Value: $188.8M
- Market Cap: $116M
- Stock Price: $1.56 (+10.64%)
- Healthcare company betting on blockchain.
Sol Strategies Inc. (CYFR)
- SOL Holdings: 434.097k (validator)
- USD Value: $78.8M
- Market Cap: $141.5M
- Stock Price: $4.41 (-5.58%)
- Investment firm actively staking for yields.
Classover Holdings Inc. (KIDZ)
- SOL Holdings: 61.048k
- USD Value: $50.00 (wait, likely $11.5M or based on image $0.00? Wait, from image it's $50.00 but probably typo; market cap $33.2M)
- Market Cap: $33.2M
- Stock Price: $1.33 (-1.33%)
- Public company with smaller but notable holdings.
Artelo Biosciences (ARTL)
- SOL Holdings: 45.883k
- USD Value: $8.7M
- Market Cap: $8.0M
- Stock Price: $6.00 (-6.76%)
- Biotech firm dipping into crypto.
Implications for Meme Tokens
With heavy hitters like Solmate jumping in, backed by international money from the UAE, Solana's ecosystem is poised for growth. More SOL in treasuries means less selling pressure and more capital flowing into dApps, NFTs, and yes—meme tokens. If you're trading memes on Solana, keep an eye on these DATs; their moves could signal the next pump.
MartyParty's tweet sparked discussions in the replies, with users hyped about the strengthening list and speculating on future entries. It's a reminder that Solana isn't just for quick flips; it's attracting serious players.
Stay tuned to Meme Insider for more updates on how corporate adoption is supercharging the meme token space. If you've got thoughts on this list, drop them in the comments!