Solana News Today: DeFi Expands Solana Treasury Model Amid Crypto Surge

DeFi Development is expanding its global franchise for its Solana-based treasury model, aiming to attract crypto firms seeking more aggressive strategies than simply holding bitcoin. The DFDV Treasury Accelerator is designed to enable partners to operate their own Solana treasuries with backing from DeFi, while DeFi retains equity in each regional branch. This approach combines staking infrastructure, capital market strategies, and international franchise operations, setting it apart from traditional models.

Cosmo Jiang, general partner at Pantera Capital, one of DeFi’s supporters, highlighted the innovative aspect of this model. “Most crypto treasury vehicles today are following the MicroStrategy model. What excites us about DFDV is that they’re not just copying the playbook. They’re evolving it,” Cosmo said. Pantera Capital had previously backed Bitmine Immersion Technologies, an ether-focused treasury company associated with Peter Thiel and Tom Lee from Fundstrat.

Several prominent entities, including Kraken, Arrington, RK Capital, and Borderless Capital, are considering participation in the DFDV Treasury Accelerator. These partnerships are not merely financial; they involve infrastructure support, particularly in areas like staking and long-term treasury maintenance. The timing of this expansion coincides with a surge in treasury activity across the crypto space, as companies increasingly adopt strategies similar to MicroStrategy’s bitcoin hoarding.

Bitmine Immersion Technologies and SharpLink Gaming have recently launched their own ether treasury strategies, while Bit Digital has shifted its focus entirely to ETH staking. DeFi’s move to Solana involves not just buying tokens but also accumulating and staking SOL, and purchasing validators to secure and run the Solana blockchain. The more SOL they hold and stake, the more rewards they collect. DeFi has set a public target of 1 SOL per share by 2028, starting from its current holdings of 857,749 SOL spread across 18.8 million shares, which equates to 0.0457 SOL per share.

DeFi CEO Joseph Onorati emphasized the global scaling potential of this framework. “We’re exporting our framework for Solana treasury accumulation, while bringing global partners into the DFDV orbit, all aligned through economics, staking, and shared infrastructure. The opportunity is massive,” Joseph said.

Solana’s recent price movements have also garnered attention. Trading near $175.56, Solana is nearing the neckline of a long-developing cup and handle pattern that began forming in early 2025. This pattern, which started at a $120 base, has pushed the asset to critical resistance around $176 to $178. Over the past 12 months, Solana has seen a 7% increase, with almost 10% growth in just the past month.

More significantly, Solana’s real-world asset (RWA) activity is growing faster than Ethereum’s. Solana’s RWA total has risen from $173.8 million in January to $553.8 million, marking a 218% year-to-date increase and a 22% gain in the past month. In contrast, Ethereum’s RWA value has climbed 81% this year, from $4.3 billion to $7.7 billion. While Ethereum still leads in total value, controlling $7.7 billion of the $13.5 billion worth of tokenized RWAs, Solana’s rapid growth poses a significant threat to Ethereum’s dominance.