Another Major Solana Purchase By DeFi Dev Corp, Here’s How Much They Got
A Solana treasury is turning into one of many fastest-growing crypto treasuries among big corporations, which sees the community’s sturdy efficiency and potential to revolutionize the blockchain sector. Presently, the thought is getting a serious push from DeFi Improvement Corp, which has bought a notable quantity of SOL into its crypto treasury.
Solana Treasury Corporations Are Not Slowing Down
In a bullish improvement, DeFi Improvement Corp is doubling down on Solana, as the corporate always acquires the main altcoin. Latest experiences reveal that the agency has made one other strategic purchase to bolster its SOL treasury, pushing its intention to develop into the biggest firm holding the altcoin.
According to the report shared on the social media platform X, DeFi Dev Corp bought 407,247 SOL at a mean value of $188.68, leading to a complete worth of roughly $ 76.8 million on the present value. Following this huge accumulation, the corporate’s treasury now holds 1,831,011 SOL, price round $371 million.
The motion demonstrates DeFi Dev Corp’s steadfast conviction in Solana’s capability for long-term development and its rising significance within the dynamic DeFi market. Along with strengthening its financial institution sheet, DeFi Dev Corp is placing itself on the forefront of Solana’s developing ecosystem, the place developer exercise and institutional curiosity are solely rising stronger, by steadily increasing its property.
Because the agency’s final buy on August 15, 2025, its holdings have skilled a rise of greater than 29%. The most recent purchase comes after DeFi Dev Corp’s recent announcement to raise about $125 million in fairness to broaden its SOL treasury.
The initiative strengthens liquidity, expands community sustainability, and establishes Solana as a extra sturdy participant within the creating blockchain market. “This increase permits us so as to add a big quantity of SOL to our steadiness sheet whereas nonetheless driving NAV/share accretion,” Chief Government Officer (CEO) of DeFi Improvement Corp, Joseph Onorati.
SOL’s DeFi TVL At Its Highest Level
With institutional adoption rising sharply, Solana is experiencing a notable uptick in its community efficiency and engagement. SolanaFloor on X has reported that SOL’s Decentralized Finance (DeFi) ecosystem is experiencing an upswing, with Whole-Worth Locked (TVL) growing to new ranges.
On Thursday, information reveals that SOL’s DeFi TVL spiked to a staggering $11.56 billion, marking its highest level since January 2025. The sharp uptick in TVL represents enhancing investor confidence, elevated liquidity, and a wave of contemporary exercise throughout SOL-based protocols.
Solana has additionally witnessed a notable uptick in Decentralized Exchange (DEX) quantity. The report reveals that SOL has reclaimed its prime rank amongst all chains, recording roughly $4.604 billion, with Ethereum coming in second place.
Presently, SOL has turned bullish because the altcoin pushes ahead to the $213 value mark, indicating an almost 15% improve within the final 7 days. CoinMarketCap information reveals that SOL’s buying and selling quantity is slowly turning bearish, falling by over 2% previously day.
