DeFi Development Corp (DFDV) is aggressively building its Solana (SOL) treasury, pushing total holdings to just under 1 million SOL—valued at approximately $190 million. The Florida-based firm acquired 141,383 SOL between July 14 and July 20, at an average cost of $133.53 per token, according to its latest disclosure.
DFDV’s Solana Strategy Gains Momentum
The recent accumulation was funded through a $19.2 million raise, part of a broader credit facility that grants the company access to up to $4.98 billion in capital. With SOL currently trading above $191, DFDV’s early accumulation appears timely, reflecting strong conviction in Solana’s long-term potential.
The firm’s SOL holdings now total 999,999 tokens, including staking rewards and equivalents—marking one of the largest treasury allocations to Solana by a publicly reported entity.
https://www.coindesk.com/business/2025/07/21/defi-development-nears-200m-solana-treasury
SOL Staking and DeFi Participation Drive Yield
DFDV stakes its SOL across multiple validators—including its own—generating native rewards and supporting the network’s decentralization. Over the past week alone, the company earned 867 SOL through staking and decentralized finance (DeFi) engagement.
By participating in Solana’s high-speed, low-cost DeFi ecosystem, the firm is not only holding SOL as a passive asset but also earning compounding returns, highlighting its long-term blockchain-native strategy.
SPS Target: 0.1650 by June 2026
DFDV has also introduced a metric called SOL per Share (SPS). As of last week, its SPS stood at 0.0514, a 13% increase week-over-week. The company’s strategic goal is to reach 0.1650 SPS by June 2026, signaling continued accumulation and increased exposure to Solana’s price appreciation and on-chain yield.
With nearly $5 billion in financing capacity and a growing position in Solana, DFDV is positioning itself as a major corporate player betting on Solana’s future as a financial infrastructure layer.
This level of institutional commitment adds weight to the recent surge in SOL’s price and underscores the growing trend of public companies embracing blockchain-native treasury assets.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.