Solana Treasuries Face Over $1.5 Billion in Unrealized Losses

Recent market data reveals that decentralized autonomous organizations (DAOs) and project treasuries within the Solana ecosystem are currently grappling with more than $1.5 billion in ‘paper’ losses. This significant figure reflects the decline in the value of SOL tokens held as reserves compared to their peak valuations or initial acquisition costs. As Solana’s native token experienced a sharp correction from its previous highs, the total valuation of these treasuries has plummeted, raising concerns about the long-term funding and operational sustainability of several key projects. While these losses remain unrealized—meaning they only manifest if the tokens are sold—the diminished treasury power could impact future development grants, ecosystem incentives, and strategic investments. Analysts note that this situation underscores the risks associated with treasury concentration in a single, volatile asset, even as many development teams remain committed to building through the market downturn.

Source: Solana treasuries sitting on over $1.5B in paper SOL losses