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Solana’s Balance Sheet Play Hits $48M as DeFi Builders Double Down—Because Nothing Says ’Sound Accounting’ Like Volatile Crypto Bets

Solana’s Balance Sheet Play Hits $48M as DeFi Builders Double Down—Because Nothing Says ’Sound Accounting’ Like Volatile Crypto Bets

Author:
Coindesk
Published:
2025-04-23 22:44:11
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Solana Buying for Balance Sheet Gains Momentum as DeFi Development Raises Holdings to $48M

DeFi’s latest gold rush sees institutions stacking SOL—proof that even balance sheets can FOMO when yields outpace traditional finance’s sad 2% offerings. The blockchain’s developer surge isn’t just hype (this time), with real protocol growth driving the treasury shuffle. Watch the suits finally ’get it’ as Solana flips from memecoin casino to institutional darling—right until the next cascade.

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