According to @AltcoinGordon on Twitter, DeFi Development Corp has purchased an additional 82,404 SOL, valued at approximately $11.2 million, bringing its total SOL holdings to 400,091. This significant accumulation by a major institutional player signals strong bullish sentiment and could drive increased market demand for Solana. Traders should monitor SOL price action closely, as large treasury buys like this have historically led to heightened volatility and upward price momentum. The rapid accumulation trend also positions SOL as a key asset among DeFi treasuries, reinforcing its relevance in the broader cryptocurrency market. (Source: @AltcoinGordon, Twitter, May 7, 2025)

According to @AltcoinGordon, Solana has seen significant institutional investments with DeFi Development Corp adding 82,000 SOL, bringing its total holdings to over 400,000 SOL (worth more than $57 million), specifically for staking and yield generation (source: AltcoinGordon on Twitter, May 7, 2025). Additionally, Strategies has secured 122,524 SOL for $18.25 million through new financing. This surge in institutional activity signals increased long-term confidence and potential upward price pressure for SOL, which could impact broader crypto market sentiment and trading strategies.