DeFi Development Corp’s Solana push accelerated this week, with its growing Solana treasury taking center stage. The company’s stockpile crossed 2 million SOL, underscoring sustained confidence in the network’s ecosystem and reinforcing its long-term strategy around Solana.
Fresh buy lifts holdings beyond 2 million SOL
On September 4, 2025, DeFi Development Corp (DFDV) acquired 196,141 SOL for about $39.7 million at an average price of $202.76, according to the company’s update. As a result, DFDV’s total holdings reached 2,027,817 SOL, valued near $427 million at the time.
Meanwhile, this latest acquisition positioned DFDV as the second-largest corporate holder of Solana, surpassing Upexi’s previous holdings. However, the ranking could shift as corporate treasuries move, and market conditions may influence future positioning.
New .dfdv domains aim to bolster the treasury
On September 5, 2025, DFDV expanded its ecosystem by launching “.dfdv” domains in partnership with AllDomains. The company said net proceeds from these domain sales will flow directly into its SOL treasury.
This initiative adds a recurring on-chain revenue stream tied to brand identity. It also signals that DFDV is exploring multiple levers—purchases and product-driven inflows—to grow its Solana position and strengthen its Solana treasury over time.
For context on Solana’s token economics and market dynamics, see the Solana overview on CoinMarketCap. Readers can track circulating supply, recent price action, and on-chain metrics alongside treasury moves to better understand Solana treasury dynamics.
Key details so far:
Holdings: 2,027,817 SOL after the latest buy
Purchase: 196,141 SOL at $202.76 average
Valuation: Approximately $427 million at the time
Ranking: Second-largest corporate SOL holder
Initiative: “.dfdv” domains with proceeds to the SOL treasury
Looking ahead, treasury strategies often evolve with market conditions. However, DFDV’s recent steps suggest a long-term orientation toward Solana exposure and continued focus on its Solana treasury. For a deeper primer on crypto dollar-pegged assets that interact with these ecosystems, check our guide to how stablecoins work.