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DeFi Development announces acquisition of 196,141 Solana tokens

DeFi Development (DFDV) announced the acquisition of 196,141 SOL at an average price of $202.76 per token. This purchase brings the company’s total holdings to 2,027,817 SOL, representing an 11% increase from the firm’s prior acquisition. “The newly acquired SOL will be held long-term and staked to a variety of validators, including DeFi Dev Corp.’s own Solana (SOL-USD) validators to generate native yield,” the company stated.

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