DeFi Development launches real-time Solana data platform
Nasdaq-listed DeFi Development Corp. has launched State of Solana, a public real-time intelligence platform tracking Solana’s market, network, staking, validator, yield and ecosystem metrics.
The company said the platform is designed to help investors evaluate Solana’s underlying fundamentals beyond the price of SOL. It plans to expand the service with additional datasets, visualizations, research tools and ecosystem insights.
DeFi Development is one of the largest publicly traded Solana treasury companies. As of Aug. 10, it held about 2.29 million SOL, currently worth roughly $208 million.
The company reported first-quarter revenue of $2.66 million and a net loss of $83.4 million, largely reflecting non-cash declines in the value of its digital-asset holdings.
DFDV shares trade at around $4.50, giving the company a market capitalization of roughly $140 million. The stock is down about 16% year to date and more than 70% over the past 12 months. $SOL
Nasdaq-listed DeFi Development Corp. has launched State of Solana, a public real-time intelligence platform tracking Solana’s market, network, staking, validator, yield and ecosystem metrics.
The company said the platform is designed to help investors evaluate Solana’s underlying fundamentals beyond the price of SOL. It plans to expand the service with additional datasets, visualizations, research tools and ecosystem insights.
DeFi Development is one of the largest publicly traded Solana treasury companies. As of Aug. 10, it held about 2.29 million SOL, currently worth roughly $208 million.
The company reported first-quarter revenue of $2.66 million and a net loss of $83.4 million, largely reflecting non-cash declines in the value of its digital-asset holdings.
DFDV shares trade at around $4.50, giving the company a market capitalization of roughly $140 million. The stock is down about 16% year to date and more than 70% over the past 12 months. $SOL