In brief – DeFi Development Corp launched State of Solana, a free public dashboard tracking Solana price, staking yields, validator distribution, and live network throughput. – The company holds 2,294,576 SOL worth roughly $208 million as of August 10, making it the…
cond-largest Solana treasury behind Forward Industries. – DFDV shares trade near $4.50, down about 16% year to date and down more than 70% over the past 12 months. DeFi Development Corp announced the launch of State of Solana on Wednesday, a public data and research platform that pulls Solana market, network, staking, and ecosystem metrics into one dashboard
The Boca Raton company was the first U.S. public company to build a treasury strategy around accumulating Solana’s native token SOL. It’s now complimenting its treasury with a free data product centered on the Solana network. “We have spent a lot of time explaining why we believe Solana is one of the most important networks in crypto, but that thesis extends far beyond the price of SOL,” Pete Humiston, Chief Marketing Officer of DeFi Development Corp, said in the launch announcement. “State of Solana gives investors and ecosystem participants a way to see the underlying data for themselves.” The dashboard tracks SOL returns across five windows, a “Rainbow chart” price history, live epoch progress and slot times (that measures token emissions and transaction validation), throughput in transactions per second, estimated staking yield and inflation, top yields across Solana DeFi, cross-chain activity comparisons, and validator stake distribution including the Nakamoto coefficient—the count of validators that would need to collude to halt the chain. Everything on it is free.
There’s no login, no subscription tier. Humiston listed what he means by that: “Usage, throughput, staking, network economics, decentralization, yields, and ecosystem growth all contribute to the broader Solana story. We wanted to bring those signals together in one place.” The…