Another Major Solana Purchase By DeFi Dev Corp, Here’s How Much They Got
A Solana treasury is becoming one of the fastest-growing crypto treasuries among big corporations, which sees the network’s robust performance and potential to revolutionize the blockchain sector. Presently, the idea is getting a major push from DeFi Development Corp, which has purchased a notable amount of SOL into its crypto treasury. Solana Treasury Companies Are […]
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Two major institutional players – SOL Strategies and DeFi Development Corp – recently injected $509.9M combined into their Solana treasury incentives. The investment strategy echoes MicroStrategy, but this time, it’s Solana ($SOL) rather than Bitcoin ($BTC). These sizable capital inflows into $SOL suggest a bright future for Solaxy, the world’s first Solana Layer-2 (L2) network […]
The latest shareholder letter from DeFi Development Corp., a Nasdaq-listed Solana treasury company, shows that its fully converted SOL per share has grown 108% over the past year, rising from 0.0322 on May 13, 2025, to 0.0670 on May 13, 2026. The growth is notable because it came during a difficult period for Solana’s price action, particularly in the first quarter of 2026, where the SOL price has been struggling with bearish momentum. Related Reading: XRP Records Biggest Spike In Network Usage In 2 Months Solana Treasury Growth Shows A New Source Of Demand According to a May shareholder....
Quick Facts: 1️⃣ It’s a big week for Solana as a16z pours $50M into staking firm Jito and DeFi Development Corp scoops up 86K $SOL worth $9.5M. 2️⃣ Collectively, Solana treasury firms now hold about 13.5M $SOL valued at roughly $2.3B, marking a 466% rise year-to-date. 3️⃣ Snorter Token is gearing up to launch its […]
Is Solana summer over? Seasonality might suggest so, but if that’s enough for you, the blockchains usage across both defi and NFT landscapes has been falling recently. Competing chains are making targeted and dedicated efforts to get more involved in both defi and NFTs, leading to major growth and investment in the space at large. […]
Solana co-founder Anatoly Yakovenko noted that the integration will be beneficial to DeFi developers building on the platform. Blockchain oracle platform Chainlink has announced the launch of its price feeds on the Solana blockchain. The integration allows decentralized finance (DeFi) developers to use the feeds within their decentralized applications (DApps). In an announcement sent to Cointelegraph, the blockchain oracle platform notes that upon launch, seven price feeds will be available to Solana developers, including BTC/USD, ETH/USD and USDC/USD. At the later stages of the....