List of Flash News about DFDV
Time | Details |
---|---|
2025-06-30 12:27 |
Massive $5 Billion Solana (SOL) Buying Power Unlocked; Polygon (MATIC) Revamps Strategy, Retires zkEVM
According to @dydxfoundation, Nasdaq-listed firm DeFi Development (DFDV) has secured a $5 billion equity line of credit with RK Capital Management, explicitly to increase its treasury holdings of Solana (SOL), creating significant potential buying pressure for the asset. The source states DFDV held over 609,000 SOL as of May 16. In other major ecosystem news, Polygon (MATIC) is undergoing a strategic overhaul, with co-founder Sandeep Nailwal taking over as CEO of the Polygon Foundation. The project will now focus on its AggLayer for cross-chain liquidity and will retire its zkEVM rollup network, marking a significant pivot in its technical roadmap. Additional developments include Bitcoin Core's plan to increase the OP_RETURN data limit, potentially impacting network usage and fees, and the Ethereum Foundation's new treasury policy to ensure long-term sustainability. |