#SolanaStrong
DFDV Expands SOL Holdings with $2.7M Purchase, Boosting Long-Term Staking Strategy
Florida-based DeFi Development Corporation (DFDV) has expanded its Solana (SOL) treasury holdings by acquiring an additional 17,760 SOL tokens, valued at approximately $2.72 million. This brings the company’s total SOL holdings to 640,585 tokens, with a current market value of around $98.1 million.
This strategic acquisition aligns with DFDV’s long-term objective to maximize returns through SOL holding and staking. All tokens are actively staked across multiple validators, including DFDV’s own infrastructure. This approach allows the company to earn rewards via staking and validator fees.
By distributing tokens across multiple validators, DFDV contributes to decentralizing the Solana network and strengthening its operational resilience. The firm is positioning itself as the first publicly recognized company to center its treasury strategy on Solana, while also playing an active role in DeFi ecosystem development.
This strategy provides DFDV shareholders with direct economic exposure to Solana’s growth and supports the application layer of the network. At present, SOL is trading around $150.75, reflecting a 1.6% drop over the past 24 hours, with recent price fluctuations between $156.28 and $150.04.
Disclaimer: This is not financial advice. Always conduct your own research before making investment decisions.