DeFi Development Corp. disclosed that it had resumed its SOL build-up plan and that it had recently purchased approximately 19,000 SOLs, with a turnover of approximately $1.86 million and an average purchase price of $9814. This is the first time that the company has increased since October 2025.
We've increased the number of silos to about 2.33 million.
When the transaction was completed, the stock held by the DFDV increased to approximately 2.33 million SOLs, with a value of approximately $182 million in Chinese calibre. The company indicated that the new SOL would continue to be held as long-term treasury assets and deployed through pledge and chain infrastructure.
Part of the funding comes from the sale of ZeroStack positions.
According to the company, part of the money bought came from the sale of its ZeroStack position. The original text did not disclose the more detailed size of the sale and the transaction price, but it was made clear that the funds had been used to support the latest SOL configuration.
The last time DFDV bought SOL took place on 16 October 2025, when the company bought 86,307 SOLs at an average price of USD 110.91. This recovery is at a time when the SOL has been significantly stronger in the recent past.
SOL cumulative increase of nearly 50% in August
It was reported that SOL had increased by nearly 14 per cent over the past 24 hours and was at the top of the top 10 encrypted assets. Since August, the cumulative increase in SOL has been nearly 50 per cent, and it is expected that the largest single-month increase since March 2024.
Before this DFDV buy-in, Forward Industries was the latest DAT that continued to maintain SOL. During the period from 1 July to 3 August, the company purchased a cumulative total of 254,000 SOLs at an average price of approximately $75, and the total holding stock increased to approximately 7.8 million SOLs.
Participation in the governance vote led to a dispute between the certifying officers
The Solana community was voting on three governance proposals at the time the DFDV resumed buying. DFDV publicly expressed its support for the three proposals and voted in favour.
Steven Sarmiento, a product engineer of the Solar Foundation, stated that the involvement of a NASDAQ listed company in Solana governance was a positive sign. However, Jito Labs, co-founder and CEO Lucas Bruder, then challenged that such participation would be “more positive” if DFDV stopped stretching its certifier time to twice the normal length. The statement refers to a previous dispute over the way in which the DFDV certifier operates.
Additional information:The original name refers to Forward Industries as the most recent company with DAT properties and continues to maintain SOL, without further explaining the full definition of DAT.
