Defi Development Corp 47,272 SOL, which now owns $ 103 million in Solana, says star-news.press/wp
Defi Development Corp has expanded the Solana wardrobe with an additional 47272 code, at a value of about $ 7.03 million. This acquisition reaches the total company’s holding from Sol and Sol to about 690,420 symbols, at a value of about $ 102.7 million.
Defi Development Corp Solana Treasury Trease 690,420
Defi Development Company in A. press release The acquisition of 47272 Sol announced at an average price of $ 149.09 per code.
With the latest Sol purchase, the total number of SOL and Sol equations that the company now keeps 690,420 icons. The current value of these holdings is estimated at $ 102.7 million, including Stokeing Bonuses. This represents an increase of 64.1 % in their property compared to 420,690 Sol two months ago.
The newly purchased distinctive symbols will be recruited across various auditors, including the health of Defi Development, to generate the original return over time.
The company said in its statement: “Buying Sol is a major part of our continuous strategy to develop our holdings in Solana and take advantage of the Blockchain capabilities.”
Solana whale moves 450,000 icons
Develop Develop Corp follows a series of strategic moves within the Solana Market. Just five days before the last purchase, the company acquired 17,760 additional symbols on July 3, at a value of approximately $ 2.72 million.
This deal is part of the company’s continuous commitment to assembled Solana to build a large wardrobe.
Moreover, on the same day the last purchase was announced, there was also 450,000 Sol icons from an unknown portfolio to the Binance exchange.
Solana Etf Optimism Fuel Approval Sol
Along with the growing Solana Holdings, the Solana -based Solana (ETFS) boxes (ETFS) is just around the corner. The Securities and Stock Exchange Committee (SEC) is said to be a new framework for Crypto ETF menus.
In particular, the organizers asked potential Solana ETF sources to amend and re -submit their files by the end of July.
Although SEC has been late for some Solana investment funds, the possibility of approval later this year is growing. The current possibilities for Solana ETF approval increased to more than 90 %, according to the COININA report. However, despite the great possibility, the requirements and re -application requirements indicate that approval may take some extra time.
Deci Development Corp
Earlier last month, Defi Development Corp. It raised $ 112.5 million to boost the Solana Treasury. This capitalist leak aims to increase its share of Solana symbols.
However, the company is not the only company that has a Solana Treasury strategy, and has announced, as well as its plans for the public, has announced plans to start the digital assets of the Tribunal Treasury such as Bitcoin, Ethereum, XRP and Solana.
At the same time, other companies intensify their exposure from Solana. Upexi has also announced the Solana Treasury strategy and has actively obtained Sol to build a strong digital assets portfolio.
In addition, the Sol Strategies, the company that applied for a list on the Nasdaq Stock Exchange, makes Solana a major part of its investment strategy. These strategies reflect Michael Celor’s strategy, which has accumulated Bitcoin and has a tremendous profit in this step.
<!–
–>
Calvin Monnem Milith
Kelvin Monin is an encoding and financial journalist with more than 5 years of experience, and provides an analysis in the in -depth market and expert suspension. With a Bachelor’s degree in Press and Actura from Mount Kenya University, Kelvin is famous for his accurate research and strong skills in writing, especially in cryptocurrencies, financial markets and financial markets. His work was shown via the best industrial publications such as Coingepe, Cryptobasic, Metanews, Cryptotimes, Coinits, Thecoinrepublic, Cryptotale, and Analytics Insight among other things, as it offers timely updates and insightful content. Kelvin’s focus lies in detecting the emerging trends in the encryption space, as it provides realistic data -based analyzes that help readers make enlightened decisions. His experience extends through market courses, technological innovations and organizational transformations that make up the scene of encryption. Besides his professional accomplishments, Kelvin is passionate about chess and travel and exploring new adventures.
<!–
–>
Leave responsibility: The content and the personal views of the author and the current market conditions reflect. Please do your own research before investing in encrypted currencies, because the author and the post is responsible for any financial losses.
AD disclosure: This site may feature content with care and subsidiary links. All ads are clearly marked, and advertising partners have no effect on our editing content.
<!–
View all
–>
https://coingape.com/wp-content/uploads/2025/07/just_in_defi_development_corp._adds_47_272_sol__now_holds__103m_in_solana.webp
2025-07-08 15:43:00
partner: