DFDV Buys Solana Again, Will SOL Prices Become More Bullish?
2026-08-28
DFDV is buying Solana again as SOL gains momentum in the crypto market. DeFi Development Corp acquired around 19,000 SOL at an average price of US$98.14, bringing the company’s total treasury to approximately 2.33 million SOL and equivalents.
This move is drawing attention because it came as Solana’s price managed to break back above the psychological US$100 level.
Key Takeaways
- DFDV purchased around 19,000 SOL.
- DFDV’s treasury reached approximately 2.33 million SOL.
- SOL’s bullish momentum is strengthening, but a correction remains possible.
DFDV Buys Solana Again, What Is the Goal?
The latest purchase marks DFDV’s return to an active Solana accumulation strategy. The company stated that the newly acquired SOL will be held as a long-term treasury asset while also being deployed through staking and its on-chain infrastructure.
Part of the purchase was funded by proceeds from the divestment of its ZeroStack position. This means the company is not merely increasing its crypto exposure, but reallocating capital to expand its position in the Solana ecosystem.
This strategy has made DFDV one of the publicly listed companies with one of the largest SOL treasuries. The company also positions itself as a vehicle for public-market investors seeking exposure to Solana’s growth through the stock market.
Read also: BTC, ETH, XRP, and SOL Price Analysis According to Ali Martinez
Solana Price Breaks US$109, Is Bullish Momentum Strengthening?
DFDV’s purchase took place while Solana’s price was showing strong momentum. On August 27, 2026, SOL moved above US$109 and reached its highest level in around eight months.
SOL was also reported to have outperformed Bitcoin by around 45% over a one-month period. This performance suggests that trader interest has been shifting more aggressively toward Solana as broader crypto market conditions improve.

The latest price data also showed SOL at around Rp1.92 million, up approximately 6.96% over 24 hours when the data was accessed. At that time, Solana ranked seventh by market capitalization.
Read also: Wall Street Pours Rp1.4 Trillion Into Altcoins, Which Ones?
Why Could DFDV’s Solana Strategy Be a Positive Sentiment Driver?
Institutional buying can create bullish sentiment because it shows that a large investor is willing to accumulate SOL in significant amounts for the long term. DFDV even plans to put its holdings to work through staking rather than simply holding the tokens passively.
Solana’s network fundamentals also support the sentiment. Network activity was recorded at more than 4.2 billion weekly transactions, while the value of tokenized real-world assets in the ecosystem approached US$4 billion.
DFDV also launched a public dashboard that tracks network data, staking, validators, yield, throughput, and cross-chain activity. This move shows that the company’s Solana thesis does not depend solely on SOL price movements.
Read also: Solana (SOL) Price Analysis Toward $100: Challenges and Opportunities
Can SOL’s Bullish Trend Continue?
Several factors support a bullish scenario. The price has broken above US$100, institutional demand is increasing, network activity remains high, and Bitcoin is once again contributing positive sentiment to the broader crypto market.
However, a rapid rally also increases the risk of profit-taking. Technical indicators have signaled that a correction is still possible even though market momentum continues to leave room for a move toward higher levels.
Therefore, DFDV’s purchase should be viewed as one catalyst, not a guarantee that Solana’s price will keep rising. SOL remains sensitive to Bitcoin’s movement, macroeconomic conditions, crypto capital flows, and changes in network activity.
Read also: The Agentic Economy and Sana AI’s Role in the Solana Ecosystem
What Should You Watch in Solana Today?
Traders can watch whether SOL is able to hold the psychological US$100 area. Staying above that level could reinforce the view that the short-term price structure remains positive.
Also pay attention to trading volume, staking activity, institutional fund flows, and developments in Solana’s fundamentals. A combination of rising prices and stronger network activity usually provides a stronger signal than price gains without fundamental support.
If you want to keep up with Solana price movements and the latest crypto news, you can sign up for Bittime and monitor market updates regularly. Continue using the data as research material and align any decision with your risk profile.
Conclusion
DFDV bought around 19,000 SOL at an average price of US$98.14, increasing its treasury to approximately 2.33 million SOL and equivalents. The move adds positive sentiment while SOL is in a period of strong upward momentum.
Although the possibility of a continued SOL rally remains open, sharp gains also bring correction risk. Investors should monitor key price levels, Bitcoin conditions, network activity, and institutional accumulation before making decisions.
Bittime is a Digital Financial Asset Trader (PAKD) platform licensed and supervised by Indonesia’s Financial Services Authority (OJK) — where you can buy Bitcoin in Indonesia and hundreds of other crypto assets starting from Rp10,000. Registration is fast and secure, and you can get started today.
Monitor the USDT to IDR conversion and the real-time price movements of your favorite crypto assets. Everything is available in one crypto investment app that can be downloaded for free from the Play Store.
Ready to get started? Sign up for Bittime now and execute your investment strategy on a platform trusted by millions of users in Indonesia.
FAQ
How Much Solana Did DFDV Buy?
DFDV purchased around 19,000 SOL at an average price of US$98.14. The purchase brought the company’s treasury to approximately 2.33 million SOL and equivalents.
Why Is DFDV Buying SOL?
DFDV is pursuing a treasury strategy focused on accumulating Solana. The SOL it holds can also be deployed through staking and the company’s on-chain infrastructure.
Did DFDV’s Purchase Push SOL’s Price Higher?
Institutional buying can strengthen market sentiment, but it is not the only factor that drives price. Bitcoin, liquidity, macro conditions, and network activity also influence SOL.
Is Solana Bullish Right Now?
SOL has shown bullish momentum after breaking above US$100 and briefly trading above US$109. However, a rapid rally can still be followed by a short-term correction.
Does SOL Still Have Upside Potential?
Further upside remains possible if demand, network activity, and market sentiment stay positive. However, there is no guarantee that prices will continue to rise, so risk management remains important.
Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.



