DeFi Development Corp Launches State of Solana Data Platform

DeFi Development Corp. launched State of Solana, a public platform for real-time data and research that unifies market metrics, staking, validators, yields and ecosystem data from the Solana network into a single dashboard.

According to the firm, the tool is designed to offer investors and ecosystem stakeholders a broader view of Solana’s fundamentals beyond the price of SOL.

“State of Solana gives investors and ecosystem participants a way to see the underlying data for themselves,” said Pete Humiston, CMO of the company, in a press release.

The company plans to progressively incorporate new datasets, visualizations and research tools. DeFi Development is one of the leading Solana-based digital asset treasury funds.

Currently, DeFi Development holds approximately 2,294,576 SOL valued at roughly $208 million. Its shares, however, have accumulated a 16% decline so far this year, with a drop exceeding 70% over the past twelve months. Its market capitalization stands at around $140 million.

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