Crypto

DeFi Development Buys Back into Solana with $1.86M Investment

Guavy AI Editorial Team Published August 29, 2026

Instruments

SOL

DeFi Development Corp., a company involved in decentralized finance (DeFi) development, has resumed its Solana purchases. In a recent move, it added approximately 19,000 SOL to its reserves at an average price of $98.14.

This marks the company's first purchase since October 2025 and was partially funded by selling a stake in ZeroStack. The new tokens are intended for long-term holding and staking.

With this purchase, DeFi Development Corp.'s total amount of coins under management has reached 2.33 million SOL.

The Wire

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