34.4 million dollar acquisition! DeFi Development Corp fully transitions to Solana strategy

**DeFi Development Corp significantly increases its holdings in Solana, total holdings exceed 250,000 tokens**

On April 22, 2025, DeFi Development Corporation (formerly Janover Inc.) announced the acquisition of 88,164 Solana (SOL), bringing its total holdings to 251,842 tokens, valued at approximately 34.4 million dollars. This acquisition marks the company's official transition from an AI commercial real estate platform to a cryptocurrency asset management institution, making Solana a core strategic asset.

**Strategic focus shifts to cryptocurrency assets, staking becomes a key layout**

DeFi Development Corp stated that the funds for this acquisition came from a 42 million dollar financing, and it will focus on participating in Solana network staking and validator operations in the future to enhance returns and support network security. This initiative is similar to the crypto asset allocation strategies of companies like MicroStrategy, reflecting institutional confidence in Layer 1 blockchains over the long term.

**Solana market performance: short-term volatility, long-term potential**

As of the announcement date, Solana's price was 145.12 dollars, with a market cap of 75 billion dollars, having risen 11.76% over the past week, but still down 17.04% over the past 60 days. Analysts point out that staking Solana may bring dual benefits: financial returns and enhanced network security. The market is watching whether DeFi Development Corp's transformation can replicate the success stories of other public companies in the crypto space.