Wu said that DeFi Development (NASDAQ: DFDV) announced the acquisition of an additional 407,247 SOL, bringing its total holdings to 1,831,011 SOL, valued at approximately $371 million, with an average purchase price of $188.98, an increase of 29% since the last acquisition on August 15. The company stated that the newly acquired SOL will be immediately staked to earn native yields and support the security of the Solana network.