PANews reported on May 12 that according to CoinDesk, Nasdaq-listed company DeFi Development (code: DFDV) announced that it had purchased another 172,670 SOLs at an average price of $136.81, totaling approximately $23.6 million, increasing its Solana holdings to 595,988, with a market value of approximately $105 million. The company's stock price rose 20% at the opening on Monday and had risen 30% last Friday. Since DeFi Development transformed from Janover to focus on the Solana ecosystem last month, it has continued to deploy crypto assets and earn income through node staking.