According to @AltcoinGordon on Twitter, DeFi Development Corp has purchased an additional 82,404 SOL, valued at approximately $11.2 million, bringing its total SOL holdings to 400,091. This significant accumulation by a major institutional player signals strong bullish sentiment and could drive increased market demand for Solana. Traders should monitor SOL price action closely, as large treasury buys like this have historically led to heightened volatility and upward price momentum. The rapid accumulation trend also positions SOL as a key asset among DeFi treasuries, reinforcing its relevance in the broader cryptocurrency market. (Source: @AltcoinGordon, Twitter, May 7, 2025)

According to AltcoinGordon, SOL Strategies plans to add $500 million of SOL to their Treasury Strategy, potentially impacting the Solana market significantly. This substantial investment could drive increased interest and trading volume in SOL, potentially leading to price movements and increased market activity. Analysts should monitor trading volumes and market sentiment closely as this development unfolds.