Solana (SOL) holding overview.
As of December 2024, Solana (SOL) has a total supply of approximately 590.1 million tokens, with about 479.02 million in circulation. The distribution among holders is as follows:
Top 10 holders: Approximately 6.58% of the total supply.
Top 20 holders: Around 11.03%.
Top 50 holders: About 17.52%.
Top 100 holders: Approximately 22.76%.
This indicates a moderate concentration of SOL tokens among large wallet addresses, with the majority distributed across millions of smaller accounts.
Specific data for individual addresses shows that the top 10 wallets each hold between 0.49% and 1.01% of the circulating supply.
It's important to note that while blockchain technology ensures transparency, the anonymity of wallet addresses means that the identities behind these holdings are not publicly disclosed.
Additionally, Solana's initial token distribution allocated 48% to the founding team and investors, leading to a concentration of tokens among a few entities.
Understanding the distribution of SOL tokens is crucial, as large holders can influence market dynamics and governance decisions within the Solana ecosystem.