1d ago
DeFi Development Corp Deploys Solana Treasury On-Chain as Analysts Eye $1,500 SOL Target
DeFi Development Corp, a Nasdaq-listed firm, is reallocating part of its Solana treasury into on-chain yield strategies through a partnership with Hylo to generate recurring returns and support operations. At the same time, Solana trades around $137.95 with a market cap near $78 billion, while technical analysts point to a bull flag pattern that could imply a potential move toward $1,500 if price breaks above the $200–$220 zone.