• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

DeFi Dev Corp Makes Major Investment of $19 Million in SOL

user avatar

by Giorgi Kostiuk

8 hours ago

DeFi Dev Corp has made a significant investment by adding 141,383 SOL tokens to its treasury. This purchase reflects confidence in the Solana ecosystem.

Strategic Investment in SOL

DeFi Dev Corp. has acquired 141,383 SOL tokens valued at approximately $19 million. This increase brings the company's total SOL holdings to 999,999 tokens.

Support for the Solana Ecosystem

This investment signals growing institutional confidence in Solana, known for its fast and low-cost transactions. Solana has gained attention due to its capacity to support rapidly growing DeFi projects.

Impact on the DeFi Market

Large-scale investment moves like this can influence market sentiment. DeFi Dev Corp. may be preparing for the integration of new solutions built on the Solana blockchain, strengthening its market position in DeFi.

DeFi Dev Corp.'s investments in SOL highlight the importance of active treasury management and the continued development of the Solana ecosystem in the fast-evolving DeFi market.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Monero Mining on 3,500 Websites: Emerging Security Threats

chest

Cybersecurity: Hidden Monero miners affect over 3,500 websites, raising concerns about server vulnerabilities.

user avatarGiorgi Kostiuk

Massive Bitcoin Whale Transfer from Kraken: What It Means for the Market?

chest

A recent transfer of 4,166 BTC from Kraken valued at nearly $496 million raises questions about market impact and whale behavior.

user avatarGiorgi Kostiuk

CoinDCX CEO Discusses $44M Loss Due to Hack

chest

CoinDCX reports a $44 million loss due to a hack. Internal treasury will cover costs, and no user funds were affected.

user avatarGiorgi Kostiuk

PNC Bank and Coinbase Partnership: Crypto Access for 9 Million Customers

chest

PNC Bank and Coinbase have partnered to offer bank customers seamless access to cryptocurrency through Coinbase's platform.

user avatarGiorgi Kostiuk

Jesse Powell Cleared: No Impact on Kraken from FBI Investigation

chest

Former Kraken CEO Jesse Powell cleared as FBI investigation ends, devices returned with no impact on exchange operations.

user avatarGiorgi Kostiuk

Investment in Poseidon Project: What Lies Behind the $15 Million from a16z

chest

The Poseidon project secured $15 million from a16z to create a decentralized platform for AI data, addressing high-quality data challenges.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.