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by: xpoolPosted on: May 14, 2025

DeFi Development Corp Invests $23.6 Million in Solana, Boosting Market Performance

DeFi Development Corp., led by former Kraken executives, has made a strategic investment of $23.6 million in Solana (SOL). The company acquired 172,670 SOL at an average price of $136.81, raising their total holdings to 595,988 SOL valued over $100 million. This acquisition aligns with the firm’s shift towards a digital asset treasury strategy focused on Solana’s blockchain technology.

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  4. Will Solana Hit $500? Analysis Amidst Growing Bullish Sentiment and Competition with RTX Gains
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