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Solana’s token price is showing renewed strength after a major institutional purchase boosted market confidence.

DeFi Development Corp. (DFDV), the institution that has purchased SOL, revealed a $22 million investment in SOL, signalling continued belief in the blockchain’s long-term potential despite recent volatility.

DeFi Development Corp. (DFDV) acquired 110,000 SOL at an average price of $201.68, lifting its total holdings to about 1.42 million tokens valued at approximately $273 million.

The purchase also increased the firm’s SOL-per-share metric by 9%, highlighting the impact of the buy on shareholder exposure.

DFDV describes itself as the first public company to adopt a treasury strategy centred on Solana.

The newly acquired tokens will be held long term and staked with validators, including those operated by the company itself, to generate additional yield.

The SOL token purchase comes as Solana continues to post new technical milestones.

The blockchain recently hit over 100,000 transactions per second during a stress test, a first for a major chain.

Solana just did 107,540 TPS on mainnet yes, you read that correctly over 100k TPS, on mainnet good luck bears

Although most of those were “noop” program calls, developers said the results suggest Solana could realistically process 80,000 TPS for real-world operations.

Actual throughput is closer to 1,000 TPS, but the milestone underscores the network’s efficiency.

At the same time, Solana is preparing a major consensus upgrade called Alpenglow, which promises to cut block confirmation times from 12.8 seconds to as little as 100 milliseconds.

While the SOL price remains down about 38% from its January peak of $293, activity on its decentralised exchanges remains strong.

In July, Solana DEXs processed $124.2 billion in trading volume, significantly more than Ethereum’s $87.1 billion. This marked the tenth straight month Solana led Ethereum in this metric.

The blockchain also reached 35 million transactions in a single day, surpassing volumes of several major global stock exchanges.

Although Solana still trails Nasdaq by a wide margin, the network is increasingly positioning itself as a serious competitor to traditional financial infrastructure.

Solana (SOL) is currently trading near $181, after recovering from weekend losses that saw it dip below $187.

With institutional interest rising, technical upgrades on the horizon, and strong user activity, Solana’s outlook appears increasingly bullish.

For traders, the combination of large-scale accumulation by firms like DeFi Development Corp. (DFDV) and ongoing network improvements offers a compelling case for long-term growth, even as the token faces short-term price swings.

According to market analysis from CoinLore, if the Solana price breaks above $188, we could see SOL rise to the next resistance level at $196.11 and even to the third resistance is at $204.

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