adamjblaise

SOL Treasury Explosion: SPS Surges 108% YoY 🚀 DeFi Development Corp (DFDV) released its Q1 metrics, revealing a massive 108% year-over-year surge in Solana Per Share (SPS), reaching 0.0670. The Key Highlights: * SOL Holdings: Corporate stash hits 2,294,576 SOL. * Smart Debt Move: Repurchased $4.4M in 2030 convertible notes at a 41% discount. * Future Targets: Near-term SPS goal is 0.075, aiming for 1.0 SPS by 2028. The Big Picture: Corporations are moving past passive holding. They are aggressively staking on-chain to pull up to 7% yields, systematically locking up market supply. Backed by Solana’s $1.1 trillion quarterly economic activity, this massive supply crunch clears the path for a strong bullish continuation if SOL stays above the $90–$95 support zone. #SolanaTreasuryQ1SPSUp108 #sol #CryptoNews #BullRun $SOL $DEFI