DeFi Development Corp. Stock Hits New High Following Solana Buys, Bonk Collab
DeFi Development Corp, an AI-driven real estate platform, is collaborating with the meme coin Bonk (BONK) to establish a jointly backed Solana validator node. This partnership aims to enhance the delegated stake of Solana tokens committed to the validator, allowing both parties to share rewards. DeFi Development Corp will manage the validator's operations, while Bonk will promote it and engage its community. This initiative follows DeFi Development Corp's recent acquisition of a Solana validator business for $3.5 million. Bonk plans to use part of the validator rewards to buy and burn BONK tokens. DeFi Development Corp has significantly increased its Solana treasury, acquiring over 172,000 SOL, valued at over $100 million. DFDV shares surged by 74% to an all-time high of $156.99, marking a year-to-date increase of 3,133%. Bonk ranks as one of the top meme coins on the market, second only to President Trump’s official token among Solana-based meme coins.
