DeFi Development Hits $63,000 Daily SOL Revenue; Shares Jump 18%

- DDC reports $250 million in SOL token holdings, generating $63,000 daily. - Firm secures $165 million in July to expand staking operations. On August 12, 2025, *The Block* reported that Solana-focused treasury firm DeFi Development Corp (DDC) revealed significant growth metrics. The company announced it holds over 1.3 million SOL tokens, valued at approximately $250 million, and generates $63,000 per day in SOL-denominated revenue, which achieves a 10% Annualized Organic Yield (AOY). This revenue is derived from the firm's validator and staking activities within the Solana ecosystem. To position itself for aggressive growth, the firm secured $165 million in funding in July and also closed a $122.5 million convertible debt deal led by Cantor Fitzgerald. As a result, these developments boosted the company's SOL Per Share (SPS) metric by 34% month-over-month. DDC sets itself apart by using staking rewards to enhance token productivity, a strategy that differs from traditional Bitcoin-centric treasury models. In addition, the firm operates validators for meme coins like Dogwifhat on the Solana network and, in line with its ecosystem-first approach, shares the staking revenue with its community. The company’s financial performance improved remarkably, as quarterly revenue soared to $1.98 million from $400,000 in the same period last year, and net income climbed to $15.4 million, a sharp turnaround from a previous $800,000 loss. These results emphasize DDC’s strategy to scale its Solana holdings and infrastructure. The market responded positively to the announcement, with shares of DeFi Development Corp (DFDV) surging 18% during regular trading hours and seeing additional gains in after-hours trading. According to market data, Solana (SOL) traded at $191.69 as of August 12 at 22:08 UTC, a price reflecting a 9.83% increase over the past 24 hours.