Solana News Today: DeFi Development Corp Buys 22M Solana Tokens as Network Hits 100K TPS in Test

DeFi Development Corp. (DFDV), a publicly traded entity focused on blockchain technology, has made a significant investment of $22 million in Solana’s native token, SOL, adding 110,000 tokens to its treasury at an average price of $201.68. This purchase elevates DFDV’s total Solana holdings to approximately 1.42 million tokens, with a combined value of around $273 million [1]. The acquisition, part of DFDV’s broader treasury strategy centered on Solana, also increased the company’s SOL-per-share metric by 9%, amplifying shareholder exposure to the blockchain’s performance [1].

The timing of the investment is notable, as it follows recent technical milestones for the Solana network. The blockchain recorded over 100,000 transactions per second during a stress test—a significant achievement for a major chain. Although real-world throughput is currently lower, at around 1,000 TPS, the test highlights Solana’s potential to scale further, especially with the upcoming Alpenglow upgrade, which is expected to reduce block confirmation times from 12.8 seconds to as low as 100 milliseconds [1].

At the same time, decentralized exchanges on the Solana network continue to outperform Ethereum in terms of trading volume. In July, Solana DEXs processed $124.2 billion in volume, surpassing Ethereum’s $87.1 billion and marking the tenth consecutive month of dominance [1]. The network also reported 35 million transactions in a single day, a figure approaching the volumes of major global stock exchanges, further signaling its growing role in financial infrastructure.

The institutional purchase by DFDV is likely to reinforce bullish sentiment around Solana. While the token remains down about 38% from its January high of $293, the recent accumulation and ongoing technical advancements suggest long-term potential. The price currently trades near $181, having recovered from a recent dip below $187 [1]. According to CoinLore, a breakout above $188 could push Solana toward $196.11 and potentially $204 as it faces the next resistance levels [1].

DFDV’s investment aligns with a broader trend of institutional interest in high-throughput blockchains, and its strategic decision to stake the newly acquired tokens is expected to generate yield through validator operations, including those operated by the company itself [1]. This move reflects a growing confidence in Solana’s infrastructure and its ability to support scalable, real-world applications.

The purchase comes ahead of DFDV’s scheduled appearance at the Lytham Partners 2025 Consumer & Technology Investor Summit on August 19, adding further visibility to its digital asset strategy [1]. While DFDV’s stock has experienced some volatility in the lead-up to the announcement, the firm’s continued expansion into Solana suggests a long-term commitment to leveraging the blockchain’s capabilities in low-cost, high-speed transactions.

As the broader market continues to consolidate gains after a period of volatility, DFDV’s accumulation of Solana may serve as a catalyst for renewed institutional interest in the ecosystem. With ongoing upgrades and strong user activity on the network, Solana appears to be positioning itself as a serious contender in the evolving landscape of blockchain-based finance.

Source: [1]https://invezz.com/news/2025/08/18/solana-price-turns-bullish-as-defi-development-corp-buys-22m-sol-tokens/

[2]https://coincentral.com/best-altcoins-to-buy-before-xrp-etf-solana-litecoin-avalanche-set-for-major-breakout/

[3]https://coincentral.com/solana-price-prediction-how-layer-brett-is-taking-on-the-altcoin-giants/

[4]https://www.ainvest.com/news/stock/dfdv/

[5]https://uk.finance.yahoo.com/quote/TOOTHLESS-USD/news/

[6]https://www.binance.com/en/square/post/28425553346161