Florida-based DeFi Development Corp has filed a $1 billion SEC registration statement to raise capital, with proceeds earmarked for purchasing Solana (SOL) tokens. This move follows the strategy of SOL Strategy, which recently secured $500 million to expand its holdings in Solana. The company’s goal is to acquire Solana, mirroring an increase in institutional interest and stablecoin inflows like USDC, which could drive up the token’s price over time. Experts believe that this strategy aligns with broader market trends as demand for alternative cryptocurrencies grows, further solidifying Solana’s position within the financial applications of blockchain technology.