Big money keeps flowing into Solana. DeFi Development Corp. has stacked another 407,247 SOL (worth 77M), bringing its total bag to over 1.83M SOL — valued at 371M.
This isn’t a “flip-it-fast” trade. The firm used fresh equity funding to lock in more Solana — and plans to stake it. Translation: they’re not just holding, they’re setting up to farm yield, strengthen the network, and flex long-term conviction.
Previously, DeFi Development Corp. held 1.42M SOL. Now, with nearly 2M tokens in the bag, they’ve become one of Solana’s largest institutional whales.
Analysts see this as:
Solana’s narrative has shifted from “is the chain stable?” to “this is where institutions want to park capital.”
DeFi Development Corp.’s 77M bet is more than a portfolio move. It:
With BlackRock circling ETH and corporations piling into BTC, this kind of accumulation hints Solana may be carving out its own lane as the “institutional altcoin.”
DeFi Development Corp. just dropped 77M on Solana, boosting its total stash to 1.83M SOL (371M). The tokens are earmarked for staking, signaling a long-term play. Analysts say it’s a strong vote of confidence in Solana’s tech and future, potentially sparking more institutional adoption.
Have questions or want to collaborate? Reach us at: info@ath.live