{"id":44827,"date":"2025-08-29T18:31:33","date_gmt":"2025-08-29T18:31:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=44827"},"modified":"2025-08-29T18:31:33","modified_gmt":"2025-08-29T18:31:33","slug":"another-major-solana-purchase-by-defi-dev-corp-heres-how-much-they-got","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=44827","title":{"rendered":"Another Major Solana Purchase By DeFi Dev Corp, Here\u2019s How Much They Got"},"content":{"rendered":"
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A Solana treasury is becoming one of the fastest-growing crypto treasuries among big corporation<\/a>s, which sees the network\u2019s 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.\u00a0<\/p>\n

Solana Treasury Companies Are Not Slowing Down<\/h2>\n

In a bullish development, DeFi Development Corp is doubling down on Solana<\/a>, as the company constantly acquires the leading altcoin. Recent reports reveal that the firm has made another strategic buy to bolster its SOL treasury<\/a>, pushing its aim to become the largest company holding the altcoin.<\/p>\n

According<\/a> to the report shared on the social media platform X, DeFi Dev Corp purchased 407,247 SOL at an average price of $188.68, resulting in a total value of approximately $ 76.8 million at the current price. Following this massive accumulation, the company\u2019s treasury now holds 1,831,011 SOL, worth around $371 million.\u00a0<\/p>\n

The action demonstrates DeFi Dev Corp\u2019s steadfast conviction in Solana\u2019s capacity for long-term growth and its growing significance in the dynamic DeFi market. In addition to strengthening its bank sheet, DeFi Dev Corp is putting itself at the forefront of Solana\u2019s developing ecosystem<\/a>, where developer activity and institutional interest are only growing stronger, by gradually expanding its assets.<\/p>\n

Since the firm\u2019s last purchase on August 15, 2025, its holdings have experienced an increase of more than 29%. The latest buy comes after DeFi Dev Corp\u2019s recent announcement to raise about $125 million<\/a> in equity to expand its SOL treasury.\u00a0<\/p>\n

The initiative strengthens liquidity, expands network sustainability, and establishes Solana as a more robust participant in the developing blockchain market. \u201cThis raise allows us to add a significant amount of SOL to our balance sheet while still driving NAV\/share accretion,\u201d Chief Executive Officer (CEO) of DeFi Development Corp, Joseph Onorati.<\/p>\n

SOL\u2019s DeFi TVL At Its Highest Point<\/h2>\n

With institutional adoption rising sharply, Solana is experiencing a notable uptick in its network performance and engagement. SolanaFloor on X has reported<\/a> that SOL\u2019s Decentralized Finance (DeFi) ecosystem<\/a> is experiencing an upswing, with Total-Value Locked (TVL) increasing to new levels.<\/p>\n

On Thursday, data shows that SOL\u2019s DeFi TVL spiked to a staggering $11.56 billion, marking its highest point since January 2025. The sharp uptick in TVL represents improving investor confidence, increased liquidity, and a wave of fresh activity across SOL-based protocols.\u00a0<\/p>\n

Solana has also witnessed a notable uptick in Decentralized Exchange (DEX)<\/a> volume. The report<\/a> shows that SOL has reclaimed its top rank among all chains, recording approximately $4.604 billion, with Ethereum coming in second position.<\/p>\n

Presently, SOL has turned bullish as the altcoin pushes forward to the $213 price mark, indicating a nearly 15% increase in the last 7 days. CoinMarketCap data shows that SOL\u2019s trading volume is slowly turning bearish, falling by over 2% in the past day.<\/p>\n

\"Solana\"<\/div>\n","protected":false},"excerpt":{"rendered":"

A Solana treasury is becoming one of the fastest-growing crypto treasuries among big corporations, which sees the network\u2019s 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.\u00a0 Solana Treasury Companies Are […]<\/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-44827","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\/44827","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=44827"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/44827\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}