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Solana SOL: Strategic DeFi Development Boosts Holdings with $9.9M BitGo OTC Deal

BitcoinWorld LogoBitcoinWorld10h ago

Solana SOL: Strategic DeFi Development Boosts Holdings with $9.9M BitGo OTC Deal - BitcoinWorld

Quick Summary:

DeFi Development’s move is another data point in the increasing trend of Institutional Crypto adoption.

With 317,273 SOL now on its books, valued at around $48 million, DeFi Development has made a clear statement about its belief in Solana SOL.

It’s a move that positions DeFi Development to potentially capitalize on Solana’s future growth and signals increasing institutional confidence in layer-1 protocols beyond the top two.

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Solana SOL: Strategic DeFi Development Boosts Holdings with $9.9M BitGo OTC Deal - BitcoinWorld (Picture 1)

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Article Details

Author / Journalist: Editorial Team

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-24 @ 06:50:51 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 779 words

Reading Time: 5 minutes read

Sentences: 45 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 28185156

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About BitcoinWorld

BitcoinWorld Logo

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 63 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

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The story "Solana SOL: Strategic DeFi Development Boosts Holdings with $9.9M BitGo OTC Deal" has 779 words across 45 sentences, which will take approximately 4 - 7 minutes for the average person to read.

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The story "Solana SOL: Strategic DeFi Development Boosts Holdings with $9.9M BitGo OTC Deal" was covered 10 hours ago by BitcoinWorld, a news publisher based in India.

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The outlet is headquartered in India and publishes an average of 63 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #28185156
  • URL: https://chronographically.beamstart.com/news/solana-sol-strategic-defi-development-174547770027

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