$SOL SOL is currently at 119.5U, and the treasury continues to add to its holdings.
DeFi Development doubled its net assets per share in the third quarter, increasing its SOL holdings to 2.564 million tokens.
More notably, it made a separate purchase of 26,203 SOL on October 6.
In other words, institutional capital isn’t just talking—it’s flowing directly on-chain, transaction by transaction.
【Bullish case】
The treasury continues to accumulate, with more and more SOL entering institutional portfolios, reducing the amount of tokens available on the market.
Continued institutional accumulation + treasury expansion: SOL is a trend worth keeping an eye on. #solana
DeFi Development doubled its net assets per share in the third quarter, increasing its SOL holdings to 2.564 million tokens.
More notably, it made a separate purchase of 26,203 SOL on October 6.
In other words, institutional capital isn’t just talking—it’s flowing directly on-chain, transaction by transaction.
【Bullish case】
The treasury continues to accumulate, with more and more SOL entering institutional portfolios, reducing the amount of tokens available on the market.
Continued institutional accumulation + treasury expansion: SOL is a trend worth keeping an eye on. #solana