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Solana Treasury Firm DFDV Resumes Purchases as Price Hits $100

Guavy AI Editorial Team
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BTC SOL
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DeFi Development Corp (DFDV) has resumed its Solana purchases after pausing them amid market downturn. The company bought 19,000 SOL at an average price of $98.14, bringing its total holdings to over 2.3 million SOL.

The move comes as the crypto market shows signs of improvement, with Bitcoin trading above $80,000 and SOL reaching a price above $100. This has led to renewed optimism about another potential bull run.

DFDV partially funded these purchases using proceeds from the divestment of its ZeroStack position. The company plans to continue holding SOL as a long-term treasury asset and deploy it through staking and onchain infrastructure.

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