Public Solana treasuries have significantly expanded their holdings, signaling renewed institutional confidence in the Solana ecosystem. FWDind, described as the world’s largest public Solana treasury, acquired an additional 357,000 SOL, bringing its total holdings to 8.16 million SOL. The move was highlighted by @SolanaFloor and reflects a strategic accumulation approach as institutional interest in Solana continues to build.
In a separate disclosure, DeFi Development Corp. (DFDV) announced that it added 101,381 SOL in one week, lifting its treasury to approximately 2.49 million SOL and SOL equivalents. That represented a 4.24% weekly increase and more than $10 million in additional SOL value, covering purchases made since September 14. DFDV also stated that it has a $300 million CHAD at-the-market facility available as an additional source of capital, while the underwriter’s over-allotment option generated about $1.65 million in gross proceeds from 206,250 shares.
The treasury disclosures come as SOL has staged a sharp rebound. TradingView data showed SOL at about $116.47, with the token up 13.44% over the past week. Earlier in September, SOL was trading near $99.50, with traders focused on the $100 recovery threshold and $110 as key resistance. By September 19, SOL had moved through the $110 area to $111–$113, and analysts noted a break above a longer-term descending trendline.
Veteran market analyst Peter Brandt has also been tracking the latest SOL price setup, adding a widely followed technical reference point to the current rally. DFDV said it expects its treasury SOL to be used through staking, validator, and on-chain treasury infrastructure, subject to market conditions and risk management considerations. Together, the FWDind and DFDV purchases total 458,381 SOL and underline a broader corporate accumulation trend that could encourage further institutional demand for Solana.
