DeFi Development buys $SOL for $1 billion
Corporate players are actively acquiring SOL. Their strategies resemble those of Strategy, but in the Solana market. Because of this, the trend in the cryptocurrency community has been dubbed 'Solana MSTR'.
In the document that DeFi Development submitted to the U.S. Securities and Exchange Commission (SEC), it states that the company plans to raise funds to purchase SOL tokens:
