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Solana News: $5B War Chest Secured by DeFi Development to Accumulate More SOL

  • DeFi Development Corp secures a $5 billion war chest to accumulate and stake SOL.
  • The goal is to position the company as a major long-term backer of the Solana ecosystem.
  • The partnership between BONK and DeFi Development Corp aims to power Solana.
  • On June 12, 2025, DeFi Development Corp announced a $5 billion equity line of credit deal with RK Capital Management.
  • DeFi Development Corp holds over 609,000 SOL, worth approximately $88 million.
  • The company uses SOL to earn more SOL through its own validator nodes on the Solana blockchain.
  • SOL's price experienced an 8.09% dip in the last 24 hours.
  • Despite short-term price fluctuations, Solana's growing validator infrastructure and institutional alignment show strong long-term support.
  • DeFi Development Corp's strategy of buying SOL, staking it, earning more SOL, and reinvesting rewards aims to increase total SOL holdings over time.
  • Solana (SOL) is currently trading at $146.29, showing a slight decrease of 0.98% over the past week.

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