Coinbase的一份新报告显示，越来越多的公司在Solana投资

这反映了MicroStrategy和其他公司的比特币积累计划。该报告确定了在2025年进行大量索拉纳投资的两家非透明企业（和一家加密货币公司）。

Coinbase's latest report highlights a growing trend of corporations investing heavily in Solana, mirroring the Bitcoin accumulation program from MicroStrategy and other firms.

Coinbase的最新报告强调了公司在Solana投资大量投资的趋势，反映了MicroStrategy和其他公司的比特币累积计划。

While Coinbase's report focuses on the market comparison between Bitcoin and Ethereum, it also identified two non-crypto firms (and one crypto one) that made substantial Solana investments in 2025.

尽管Coinbase的报告重点介绍了比特币和以太坊之间的市场比较，但它还确定了两家在2025年进行大量Solana Investments的非Crypto公司（以及一家加密货币公司）。

After earlier volatility, Solana is ending April 2025 with bullish momentum. Most recently, it surpassed Ethereum's staking market cap, as transaction volume is soaring on the blockchain.

较早的波动之后，索拉纳（Solana）以看涨的动力结束了2025年4月。最近，它超过了以太坊的积分市值，因为交易量在区块链上飙升。

Coinbase's report identified two non-crypto firms, Janover and Upexi, that are investing in a similar fashion to MicroStrategy's Bitcoin strategy.

Coinbase的报告确定了两家非克雷普托公司Janover和Upexi，它们的投资方式与MicroStrategy的比特币战略类似。

"The same approach as Strategy is being copied and applied to Solana by companies including real estate financing company Janover (whose shares were bought by former Kraken executives) and Nasdaq-listed supply-chain management company Upexi," said David Duong, Coinbase's Global Head of Research.

Coinbase全球研究主管David Duong说：“与房地产融资公司Janover在内的公司（由前Kraken前高管购买的股票）和纳斯达克上市的Supply-Supply-Supply-Supply-Supply-Supply-Supply-Supply-Supply-sepplion-upexi收购了与策略相同的方法。”

Janover has reportedly raised $42 million in convertible notes to establish a Solana reserve treasury, while Upexi secured a $100 million private placement, over 90% of which was earmarked for accumulating and staking SOL.

据报道，Janover筹集了4,200万美元的可转换票据来建立​​索拉纳储备财政部，而Upexi获得了1亿美元的私人安置，其中90％以上是用于累积和固定溶胶的指定。

Coinbase compared these moves to new corporate Bitcoin holders like Twenty One Capital, though on a much smaller scale.

Coinbase将这些举动与新的公司比特币持有者（如Two -Twy One Capital）进行了比较，尽管规模较小。

"The interest in Bitcoin from larger corporations like hedge funds and private equity firms continues to grow, with new, large-scale Bitcoin holders like Twenty One Capital (which is launching with over 42,000 BTC, or $3.97 billion at today’s prices) entering the scene," the report stated.

报告说：“对冲基金和私募股权公司等大型公司的兴趣继续增长，新的大规模比特币持有人（如二十一家）（以超过42,000 BTC的成立，或以当今价格启动了39.7亿美元），进入了现场。”

Overall, Bitcoin is definitely the preferred cryptoasset for these major players, but interest in Solana is growing.

总体而言，比特币绝对是这些主要参与者的首选加密助理，但对Solana的兴趣正在增长。

"Upexi, Janover, and SOL Strategies (which recently disclosed a $500 million convertible notes issuance to buy Solana tokens) are quite small compared to Twenty One Capital, which is launching with $3.97 billion in assets under management."

“ UPEXI，Janover和Sol Strategies（最近披露了一张5亿美元的可转换票据以购买Solana代币）很小，而二十一资本的资本则以39.7亿美元的管理资产推出。”

Still, Coinbase considers this trend noteworthy. As one of the largest global exchanges, Coinbase monitors emerging market movements closely and regularly publishes research across key crypto sectors.

尽管如此，Coinbase仍认为这一趋势值得注意。作为全球最大的交易所之一，Coinbase密切监视新兴市场的发展，并定期发布跨关键加密领域的研究。

The entry of corporate players into Solana could signal the beginning of a broader shift, although it remains in its early stages.

尽管它仍处于早期阶段，但企业参与者进入Solana可能会表明更广泛的转变。

To be clear, the activity so far is limited. A real estate financing firm and a supply chain management company buying Solana do not suggest a major institutional migration.

需要明确的是，到目前为止的活动是有限的。房地产融资公司和购买Solana的供应链管理公司并不建议进行主要的机构移民。

Sustained growth and broader adoption would be needed before Solana's corporate reserves could meaningfully impact the larger cryptoasset landscape.

在Solana的企业储备可能会有意义地影响更大的加密和景观之前，需要持续增长和更广泛的采用。