Solana Liquidity Reset: Treasury Firm Reveals No New SOL Purchases, Will Prices Recover?

DeFi Development Corp (DFDV), the Nasdaq firm built to accumulate Solana (SOL), said in its November update that it made no new SOL purchases through the month. Its total SOL reserve held steady at 2,195,926, valued at about $293.2 million. As per the announcement, the supply locked in its dfdvSOL product stood at 530,286.72. DFDV also said that Q3 unrealized gains surpassed $74 million with an 11.4% return from SOL operations. Senior executives Parker White and Dan Kang said that the company took advant ...