DeFi Development Corp, a publicly traded real-estate software firm that pivoted to a crypto-treasury strategy in April, said it bought 110,466 Solana tokens for about $18.4 million at an average price of $166. The purchase lifts the company’s holdings to roughly 1.29 million SOL, valued at about $209 million. The acquisition was funded with cash on hand and a previously arranged $5 billion equity line of credit. DeFi Development’s key metric—Solana per share—rose to 0.0618 SOL, up 47 percent over the past month. The firm aims to reach 0.165 SPS by June 2026 and one SOL per share by December 2028. Shares of DeFi Development climbed about 10 percent to $15.38 on Monday, extending their year-to-date rally to more than 2,100 percent. Solana traded near $168 after the announcement, adding roughly 2 percent on the day.