Solana DeFi Development Corp purchases 19,000 SOL, total holdings reach 2.33M

iconPANews
Share
AI summary iconSummary
Solana's DeFi Development Corp has purchased 19,000 SOL at $98.14 each, totaling $1.86 million. The purchase brings its total holdings to 2.33 million SOL, valued at approximately $182 million. With this move, Solana remains a top altcoin to watch as cryptocurrency price movements continue to attract attention.

PANews, August 27: DeFi Development Corp, the treasury entity of Solana, announced the resumption of SOL purchases, acquiring an additional 19,000 SOL for approximately $1.86 million at an average purchase price of $98.14. Solana’s treasury holdings now total approximately 2.33 million SOL, valued at around $182 million at current prices.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.