Solana DeFi Development Corp adds 19,000 SOL; total treasury rises to 2.33M

AI Market Summary

DeFi Development Corp resumed SOL accumulation, adding 19,000 SOL (~$1.86m) and lifting total treasury holdings to ~2.33m SOL (~$182m at current prices). A visible, programmatic buyer can support near-term Solana market sentiment by signaling institutional conviction and reducing circulating float, though the incremental purchase size is modest relative to total holdings and broader SOL liquidity.

Impact level

● Medium

Affected assets

SOL/USDT+12.33%

AI Insight · SOL/USDTAI Insight

▲ Bullish

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PANews, Aug. 27 — DeFi Development Corp, Solana's treasury entity, said it has resumed buying SOL. The company purchased 19,000 SOL for about $1.86 million, paying an average of $98.14 per token. Solana's treasury now holds roughly 2.33 million SOL, worth about $182 million at current market prices.

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