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Decentralized Finance Development increased holdings of 170,000 SOL
DeFi Development Corp (formerly known as Janover), a U.S.-listed company, announced the purchase of 172,670 SOL at an average price of $136.81, with a total value of about $23.6 million, and the total position increased to 595,988 SOL after the transaction was completed. This is DeFi Development Corp's largest SOL token increase to date, and the 10th purchase under its digital asset treasury strategy. Newly acquired SOL will be held and staked to multiple validators for a long time, including the company's own SOL validators, to generate yield.