DeFi Development Corp surpasses $100m in Solana holding

DeFi Development Corporation announced Monday it has purchased 172,670 Solana tokens for approximately $23.6 million, marking its largest single crypto acquisition to date. The move brings the company’s total Solana (SOL) holdings to 595,988, valued at roughly $102.7 million, including staking rewards, the company said.  The latest buy is part of DeFi Dev Corp’s digital…

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DigitalX taps SOL Strategies for Solana staking via BitGo 

SOL Strategies has announced a new staking partnership with DigitalX Limited, a publicly traded blockchain technology company based in Australia. Under the agreement, DigitalX will stake its Solana (SOL) holdings through BitGo’s institutional custody platform, using SOL Strategies as its validator partner.  BitGo’s recent integration with SOL Strategies enables institutional clients to access a high-performance,…

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Pump.fun sends $22m worth of SOL to Kraken: What happened?

Meme coin launching platform Pump.fun has transferred approximately 132,000 SOL ($22.88 million) to cryptocurrency exchange Kraken. According to on-chain data shared by analyst EmberCN, the Solana (SOL) is the platform’s accumulated transaction fee revenue over the past week and follows a consistent pattern of revenue processing. “Pump.fun transferred 132,000 SOL ($22.88 million) in transaction fee…

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