🔶 Solana Gets Boost from New Treasury Strategy
DeFi Development Corp. (nicknamed the "MicroStrategy of Solana") is doubling down on its SOL-focused treasury strategy, giving $SOL a bullish nudge.
📊 The company introduced a new metric: SOL per Share (SPS) — aiming to hit 1.0 SPS by 2028.
🎯 By June 2026, it's targeting 0.1650 SPS, a 261% increase from current levels.
💰 To support this, the firm will acquire 10,758 more SOL, worth ~$18M
🔧 DeFi Development also operates #Solana validators, allowing it to generate yield from its holdings. Combined with Solana’s deflationary model, this strategy could amplify both the company’s valuation and SOL’s long-term appeal.
📈 While $BTC dominates corporate treasuries, SOL is quietly emerging as a serious contender — with 846,630 SOL already held by DeFi Development Corp.