- The Defi Vikas Corp announced its plan to buy a Solana verification business for $ 3.5 million.
- The verification has an average accredited stake of 500,000 Sols $ 75.5 million.
- After the announcement, Sol kept stable above $ 145.
The DEFI Development Corporation traded Sona (Sol) above $ 145 on Monday after revealing progress in its plan to get the Solana verification business for $ 3.5 million. The company claims that this step will allow it to give self-help to all its Solana Holdings and claim stakeing rewards as part of its revenue.
Defi starts setting to set the development corp
According to DEFI Defty Development Corporation A, Salana is finalizing the plan to get a verification business for $ 3.5 million Press release On Monday. The verification has an average delegated stake of 500,000 souls, priced at $ 75.5 million. Once the payment is finalized, the company intends to re -prepare the verification under its name.
Along with the ribrand, all staking rewards will be directly fun to the deafi development corp, and the firm will achieve the ability to self-assess its Solana Holdings. The Defi Vikas Corp claims that the purchase Solana will help promote its treasury strategy by expanding its role in the ecosystem.
Parker White, CIO and COO CIOs and COOs DEFI Davi Development CIOs and COOs said, “Ownerships and operations with important delegated stakes put us in the core of Solana – while our Mission is advised to either make a mission to provide better risk -coordinated returns to keep Sol directly to keep the Sol straight,”
The Defi Vikas Corp is currently the value of 317,273 SOL around $ 47.9 million. The company began to achieve Solana in early April after a change in its leadership, which led to a change in its treasury strategy to focus more on Sol Holdings.
The company has executed the back-to-back solana purchase, setting up an example for other firms that are looking to add Sol to their corporate treasury.
Sol/USDT Daily Chart
Despite the recent decline among the major cryptocurrency, Sol remained stable at $ 146 after the announcement. Altcoin is testing $ 147 resistance after registering rejection near a simple moving average of 100-day.
The relative power index (RSI) is above its neutral levels, while the stochastic osterator (stocch) fell below its midline, which weakens a rapid speed and a decline in potential value.
