$SOL
This is a stacked area chart from CoinGecko titled “Stacked SOL Holdings🫴 by Public Companies” (updated October 11, 2026).

✅What it shows
It tracks the total amount of Solana (SOL) held by publicly traded companies over time, broken down by major holders. The vertical axis is in millions of SOL (0 to ~20m). The horizontal axis runs roughly from November 2025 through September 2026.

🌈The colored layers (from bottom to top) represent:

-Forward Industries (darkest blue, largest base layer)
-DeFi Development Corp (blue)
-Upexi (lighter blue)
-Solana Company (orange)
-Galaxy Digital Holdings (red)
-9 Others (top thin layer)

🗝️Key observations from the chart

- Total public-company holdings of SOL have been relatively stable in the mid-teens of millions of SOL for most of the period.
- There is a noticeable upward step in the upper layers (especially the orange/red segments) around mid-to-late 2026, pushing the total closer to ~17 million SOL.
- The bottom (dark blue) layer from Forward Industries is the single biggest continuous holding and forms the foundation of the stack throughout the chart.
- The chart uses a “zoom” control set to “ALL” and notes the data source as CoinGecko.

Context from the screenshot📷
The text visible at the bottom mentions that last week DeFi Development authorized a program to repurchase (likely shares or related assets), which may be connected to their SOL holdings strategy shown in the blue layer.
In short, the chart visualizes how much SOL is sitting on the balance sheets of public companies and how those holdings have evolved (and slightly grown) over the past year, with Forward Industries as the dominant holder.
$SOL
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