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Solana’s Balance Sheet Play Heats Up—DeFi Expansion Pushes Treasury Holdings to $48M

Solana’s Balance Sheet Play Heats Up—DeFi Expansion Pushes Treasury Holdings to $48M

Author:
CoindeskEN
Published:
2025-04-23 22:44:11
12
3

Solana Buying for Balance Sheet Gains Momentum as DeFi Development Raises Holdings to $48M

Institutions are quietly loading up on SOL—not for the tech, but for the balance sheet optics. DeFi’s relentless growth turns Solana’s treasury into a $48M war chest. Meanwhile, traditional finance still can’t decide if crypto is an asset class or a tax loophole.

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