Solana News Today: DeFi Development Corp. Stakes Bet on Solana’s $10K Future with $427M Treasury

DeFi Development Corp., a publicly traded company focused on accumulating and compounding Solana (SOL), has reported that its Solana treasury holdings have surpassed $400 million. This follows the company's recent acquisition of 196,141 SOL tokens at an average price of $202.76 per token, bringing its total holdings to 2,027,817 SOL, valued at approximately $427 million as of September 4, 2025. The tokens are intended for long-term staking to generate yield, with the company also operating its own Solana validators to further enhance returns.

The latest purchase marks a continuation of the company's strategy to consolidate its position as a major holder of Solana. This follows a significant acquisition of 407,247 SOL tokens at an average price of $188.68 per token just a week prior, adding approximately $76.8 million to its treasury. As a result, DeFi Development Corp.’s total Solana holdings now amount to approximately 2.02 million tokens, doubling the value held as of July 21. The company's total Solana treasury is currently valued at around $412 million, demonstrating a sharp increase in both token quantity and total value over a short period.

To further bolster its Solana holdings, DeFi Development Corp. recently raised approximately $125 million through an equity financing initiative, allowing it to allocate additional capital toward the purchase of more SOL. The company's leadership has emphasized the strategic importance of these acquisitions, citing Solana’s growing influence in the decentralized finance (DeFi) sector and its potential for long-term appreciation. The company plans to deploy the remaining proceeds from the equity raise into additional Solana purchases, reinforcing its commitment to expanding its stake in the asset.

The company also announced the upcoming "SOLID: Solana Investor Day," a first-of-its-kind event scheduled for November 5, 2025 in New York City. The event aims to bring together institutional investors, allocators, and builders to explore Solana’s ecosystem in depth. Key sessions will include insights on Solana’s competitive advantages, ecosystem growth, and the company’s long-term Solana price target of $10,000. The event is expected to provide a platform for deeper engagement with the Solana community and to highlight the company’s role in fostering the chain’s development.

Solana’s DeFi ecosystem has also shown strong performance, with total-value locked (TVL) reaching a peak of $11.56 billion as of late August 2025. This marks a significant increase and reflects growing investor confidence in the platform. Additionally, Solana has regained its position as the top-performing chain in terms of decentralized exchange (DEX) volume, with a reported $4.6 billion in trading volume. The chain’s performance has been further supported by increased developer activity and institutional interest, indicating a maturing and expanding ecosystem.

The stock of DeFi Development Corp. (DFDV) has experienced notable volatility in recent months. Despite a 7.59% decline in Thursday’s trading session, the stock has surged by 1,710% year-to-date. However, it has also seen a decline of nearly 57% from its peak on May 22. Analysts have initiated coverage of the stock, with Cantor Fitzgerald assigning it an “overweight” rating and a price target of $45. The company reported a 350% year-on-year increase in revenue during the June quarter, alongside a 525% rise in its net profit margin.

Source: [1] DeFi Development Corp. Acquires 196,141 SOL, Surpasses 2 (https://www.globenewswire.com/news-release/2025/09/04/3144760/0/en/DeFi-Development-Corp-Acquires-196-141-SOL-Surpasses-2-Million-in-Total-SOL-Treasury-Holdings.html) [2] DeFi Development Corp. Announces SOLID: Solana ... (https://www.morningstar.com/news/globe-newswire/9523147/defi-development-corp-announces-solid-solana-investor-day) [3] Another Major Solana Purchase By DeFi Dev Corp, Here's ... (https://www.mitrade.com/insights/news/live-news/article-3-1081589-20250830) [4] DeFi Development Corp's Solana treasury exceeds $400M ... (https://cointelegraph.com/news/defi-development-corp-solana-treasury-exceeds-400m) [5] Cryptocurrency Rankings (https://cryptoslate.com/coins/) [6] Google, Tesla Lead Market Cap Stock Movers on ... (https://www.investing.com/news/stock-market-news/google-tesla-lead-market-cap-stock-movers-on-wednesday-93CH-4222507)