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      DeFi Development Increases Solana Holdings to Over 2.58 Million SOL

      DeFi Development (DFDV), a treasury company associated with the Solana blockchain and listed on Nasdaq, has reported a significant increase in its holdings of Solana (SOL) tokens. Last week, DFDV acquired approximately 22,070 SOL, raising its total holdings to about 2.5862 million SOL, which is valued at approximately $302 million.

      The company noted that since it released its second-quarter financial report on August 12, its reserves of SOL and equivalent assets have grown by around 12%. This growth is part of DFDV's strategy to enhance its asset base in the rapidly evolving cryptocurrency market.

      To further support its expansion plans, DFDV has established a $300 million over-the-counter issuance plan, known as CHAD ATM. This initiative is expected to provide additional funding for the continued growth of its SOL reserves in the future.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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