📅 July 21, 2025 | San Francisco, USA
Solana is once again in the spotlight of the entire crypto community: DeFi Development Corp, one of the most aggressive companies in DeFi infrastructure and corporate blockchain, confirmed today that it has increased its treasury to 999,999 SOL, becoming one of the largest non-institutional holders in the ecosystem. As revealed by The Block, this accumulation positions the firm as a key player in the future governance of the network and sends a strong signal to the market: Solana is a priority for corporate DeFi development in 2025 and beyond.
This move comes as other players—such as Mercurity Fintech—are also announcing multimillion-dollar treasuries in SOL, consolidating a clear narrative: companies are not only using Solana to launch dApps or NFTs, they are now adopting it as a strategic reserve.
What does it mean to have almost 1 million SOL?
To put the impact into perspective: 1 million SOL at the current price is equivalent to approximately $180-$200 million, depending on daily volatility. With this figure, DeFi Development Corp. ranks among the largest corporate holders of SOL, behind only centralized exchanges and the Solana Foundation's own treasury.
This reserve has a twofold objective:
🔹 To secure liquidity for future staking, lending, and multi-network DeFi protocol projects.
🔹 To use SOL as collateral to back corporate stablecoins or tokenized loans, expanding the ecosystem's exposure without relying on traditional stablecoins like USDT or USDC.
Context: Solana Gains Corporate Muscle
This move is not isolated. In the last week, we saw Mercurity Fintech plan a $200 million treasury in SOL with backing from Solana Ventures, and funds such as Jump Crypto and Pantera strengthen positions in high-speed, low-cost networks.
DeFi Development Corp, which emerged in 2021 as a provider of smart contracts for yield farming, now manages infrastructure for financial dApps, NFTs, and cross-chain bridges, operating on several networks but betting heavily on Solana as the core for scaling its next generation of DeFi products.
The Market Reacts
In the last 24 hours, SOL rose more than 5%, driven by this corporate accumulation and the sentiment that the institutional narrative is consolidating. On-chain traders reported massive withdrawals of SOL from exchanges to cold wallets, a sign of strategic accumulation and downward pressure on the liquid supply.
Analysts warn, however, that concentrating so much SOL in corporate treasuries also poses risks: centralized governance, vulnerability to mass liquidations, and political pressure if holdings become a regulatory focus.
Topic opinion:
Blockchains aren't sustained solely by hype, but by real reserves and business use. Today, Solana shows it has learned its lesson from its past falls: more speed, more stability, and now corporate support with robust treasuries.
DeFi Development Corp knows that whoever controls supply controls the narrative. With nearly one million SOL in their vault, they will have a say in network upgrades, liquidity pools, and potential forks. The challenge is maintaining trust: governing without concentrating too much power, expanding without compromising decentralization.
💬 Does the fact that companies accumulate so much SOL give you confidence?
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