DeFi Development Acquires Massive $23.6 Million in Solana, Driving Price Surge

DeFi Development, a company formerly specializing in real estate software, has significantly expanded its presence within the Solana blockchain ecosystem with a strategic acquisition of 172,670 SOL coins. This purchase brings their total holdings to 595,988 SOL, valued at $102.7 million, and aligns with the company’s recent $24 million private funding round.