{"id":44678,"date":"2025-08-29T05:01:31","date_gmt":"2025-08-29T05:01:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=44678"},"modified":"2025-08-29T05:01:31","modified_gmt":"2025-08-29T05:01:31","slug":"solana-outgains-bitcoin-ethereum-after-defi-development-bags-77-million-in-sol-for-corporate-reserves","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=44678","title":{"rendered":"Solana Outgains Bitcoin, Ethereum After DeFi Development Bags $77 Million In SOL For Corporate Reserves"},"content":{"rendered":"<div>\n<p><strong>Solana <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/sol\/usd\">SOL<\/a>) outperformed cryptocurrencies with a larger market capitalization on Thursday, following millions in purchases by treasury company <strong>DeFi Development Corp.<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/DFDV#NASDAQ\">DFDV<\/a>).<\/p>\n<p>DFDV is moving ahead with momentum. <a href=\"https:\/\/www.benzinga.com\/quote\/DFDV\">See what is driving the move here.<\/a><\/p>\n<h2 class=\"wp-block-heading\">Solana Breaks Key Resistance<\/h2>\n<p>SOL was up nearly 4%, gaining the most among large-cap cryptocurrencies in the last 24 <a href=\"http:\/\/hours.in\/\">hours.<\/a> In contrast, <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) and <strong>Ethereum <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>) fell 0.13% and 0.91%, respectively.<\/p>\n<p>The sixth-largest cryptocurrency by capitalization broke past its price resistance from February to a high of $216.\u00a0<\/p>\n<p>The rally energized the derivatives market, with open interest in SOL futures jumping 10% to an all-time high of $13.96 billion, <a href=\"https:\/\/www.coinglass.com\/BitcoinOpenInterest\">according<\/a> to Coinglass.<\/p>\n<p><strong>See Also:<\/strong><a href=\"https:\/\/www.benzinga.com\/25\/04\/44621245\/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock\"><strong> <\/strong><\/a><strong><a href=\"https:\/\/www.benzinga.com\/trading-ideas\/movers\/25\/08\/47367265\/sharps-technology-soars-after-insider-buys-and-400m-solana-treasury-plan\">Sharps Technology Soars After Insider Buys and $400M Solana Treasury Plan<\/a><\/strong><\/p>\n<h2 class=\"wp-block-heading\">New &#8230;<\/h2>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/08\/47405068\/solana-outgains-bitcoin-ethereum-after-defi-development-bags-77-million-in-sol-for-corporat\" alt=\"Solana\" outgains bitcoin ethereum after defi development bags million in sol for corporate reserves>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Solana (CRYPTO: SOL) outperformed cryptocurrencies with a larger market capitalization on Thursday, following millions in purchases by treasury company DeFi Development Corp. (NASDAQ:DFDV). DFDV is moving ahead with momentum. See what is driving the move here. Solana Breaks Key Resistance SOL was up nearly 4%, gaining the most among large-cap cryptocurrencies in the last 24 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-44678","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/44678","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=44678"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/44678\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}