Solana Treasury Giant Records 999,999 SOL as Market Cap Surges Past $100B

Key Points

1. DeFi Development Corp. holds 999,999 SOL, with recent purchases totaling 141,383 SOL at an average price of $133.53, amounting to roughly $19 million.

2. The company's Solana holdings are valued at approximately $181 million, including spot purchases and staking rewards, with a goal to reach 1 SOL-per-share by December 2028.

3. Solana's market cap surged past $100 billion, reaching $102.6 billion, with SOL's price at around $192.94, marking a 6.7% increase in 24 hours and a 34% rise over the past month.

4. DeFi Development Corp. is utilizing a $5 billion equity line of credit, with $19.2 million raised so far, and has launched the DFDV treasuries to expand its SOL holdings globally.

5. Solana's decentralized exchange (DEX) volume exceeded $1 trillion in the first half of 2025, and public companies collectively hold 1.85 million SOL, about 0.35% of the total supply.