<ul data-eligibleForWebStory="true">Upexi stock plummeted 62% after fears of insider sales were triggered by a registration filing.Solana's treasury strategy faces scrutiny due to Upexi's significant stock price drop.The panic was caused by a filing that allowed private investors to sell their shares, although no sales were confirmed.The SEC filing enabled investors in Upexi's April PIPE deal to sell common shares or pre-funded warrants, totaling 43.9 million shares.Upexi's CEO clarified that the filing did not indicate immediate selling intentions but rather the possibility.Despite no confirmed sales, concerns arose that institutional holders might divest their holdings, leading to a sharp decline in stock prices.Upexi started accumulating Solana for a treasury strategy following a $100 million capital raise in April 2025.While Upexi's stock skyrocketed to $600 million post-fundraising and Solana acquisitions, it dropped to about $148 million after the recent fall.Cantor Fitzgerald set a $16 price target for Upexi, endorsing its Solana strategy over Ethereum for long-term growth potential.The investment bank considers Solana favored by corporate treasuries due to its speed and low fees, offering a viable alternative to Ethereum.Janover Inc., a real estate tech company, also ventured into the Solana space by purchasing 80,567 SOL worth $10.5 million.Janover Inc. aims to bolster their digital cash strategy through Solana investments.Investment analysts hold a positive outlook on Solana-based treasuries, anticipating better performance compared to Ethereum.Solana's appeal lies in its efficient network capabilities and potential for long-term growth in the digital asset landscape.