Solana Defi財政部加熱：紐約市的視角

Defi Development Corp的1.125億美元進入Solana，再加上ETF嗡嗡聲，儘管有模因硬幣風險，但基於Solana的Defi來說是一個充滿活力的未來。看看Tron的Defi性能。

Solana DeFi Treasury Heats Up: A NYC Perspective

Solana Defi財政部加熱：紐約市的視角

The Solana DeFi scene is buzzing, with major players making bold moves. Let's dive into the latest developments and see what's cooking.

Solana Defi場景嗡嗡作響，主要參與者大膽舉動。讓我們深入了解最新的發展，看看正在做什麼。

DeFi Development Corp Doubles Down on Solana

Defi Development Corp對Solana兼容

DeFi Development Corp (DFDV), a Nasdaq-listed firm, is making waves with its aggressive Solana treasury strategy. They've just issued $112.5 million in convertible notes to beef up their Solana (SOL) holdings. This isn't just pocket change; it's a serious commitment to the Solana ecosystem.

納斯達克公司（NASDAQ）上市的公司Defi Development Corp（DFDV）正在通過其積極的Solana國庫策略引起轟動。他們剛剛發行了1.125億美元的可轉換票據，以加強其Solana（Sol）控股。這不僅僅是零錢；這是對Solana生態系統的認真承諾。

They initially planned for $100 million, but demand was so high, they upped it to $112.5 million. Smart move! These notes mature in 2030 with a 5.5% annual interest rate. Investors can convert them into equity at $23.11 per share, a 10% premium on the stock's July 1, 2025, closing price. Plus, there's an option to grab an extra $25 million in notes. This activity coincides with the launch of the first US-listed Solana ETF, REX-Osprey Solana Staking ETF, which is boosting SOL enthusiasm.

他們最初計劃以1億美元的價格計劃，但需求很高，他們將其提高到1.125億美元。明智的舉動！這些筆記在2030年成熟，年利率為5.5％。投資者可以將他們以每股23.11美元的價格轉換為股權，該股票的收盤價為2025年7月1日的溢價10％。另外，可以選擇額外獲得2500萬美元的筆記。這項活動恰逢第一個美國上市的Solana ETF Rex-osstrey Solana Staking ETF的推出，這正在促進Sol的熱情。

Why Solana?

為什麼要索拉納？

DFDV isn't the only one betting big on Solana. Firms like Sol Strategies and Upexi are also jumping in, looking to capitalize on Solana's potential. Even with DFDV's stock price taking a hit, their pivot to Solana has sent their stock soaring by about 3,500%! They currently hold over 621,313 SOL tokens, worth around $107 million. That's a hefty bag of digital gold.

DFDV並不是唯一一個在Solana上大賭注的人。 SOL Strategies和UpExi等公司也正在加入，希望利用Solana的潛力。即使DFDV的股價受到打擊，他們對Solana的樞紐仍使他們的股票飆升了約3500％！他們目前擁有621,313個SOL令牌，價值約1.07億美元。那是一袋數字黃金。

Solana's Edge: Speed, Low Fees, and Innovation

Solana's Edge：速度，低費用和創新

Solana's appeal lies in its blazing speed (65,000 TPS), rock-bottom fees (under $0.01), and rapid transaction settlement. This makes it a hit with merchants and developers alike. Visa even shifted its stablecoin settlement pilot from Ethereum to Solana, citing faster clearing and lower costs. Shopify hopped on board too, rolling out a Solana Pay app.

Solana的上訴在於其速度（65,000 TPS），岩石底部費用（低於0.01美元）和快速交易結算。這使商人和開發人員都受到打擊。 Visa甚至將其Stablecoin和解飛行員從以太坊轉移到Solana，理由是更快的清算和更低的成本。 Shopify也跳上了船，推出了一個Solana Pay應用程序。

Solana is also leading the charge in decentralized physical infrastructure networks (DePIN) and artificial intelligence. Render, for example, switched from Ethereum to Solana, drawn by its parallel execution capabilities.

Solana還領導著分散的物理基礎設施網絡（DEPIN）和人工智能的指控。例如，渲染從以太坊切換為Solana，其並行執行功能繪製。

The ETF Factor

ETF因子

Wall Street is taking notice, with many expecting a Solana ETF soon. REX-Osprey is already pushing forward with an ETF that bypasses the typical SEC approval process. An SEC green light would open the floodgates for institutional investors and potentially send Solana's price through the roof.

華爾街引起了人們的注意，許多人期待很快會有Solana ETF。雷克斯·蘇格里（Rex-Osprey）已經在繞過典型的SEC批准過程的ETF前進。 SEC綠燈將為機構投資者打開閘門，並可能通過屋頂將Solana的價格發送。

Potential Pitfalls

潛在的陷阱

It's not all sunshine and roses. The SEC could still throw a wrench in the ETF plans. Plus, Solana's reputation as a "meme coin casino" could scare away serious investors. Technical glitches are another concern, although the network has been stable since February 2023.

這並不是全部陽光和玫瑰。 SEC仍然可以在ETF計劃中施加扳手。另外，索拉納（Solana）作為“模因硬幣賭場”的聲譽可能會嚇到認真的投資者。技術故障是另一個問題，儘管該網絡自2023年2月以來一直穩定。

TRON's DeFi Performance

特隆的表現

While Solana is grabbing headlines, let's not forget about TRON. SunSwap, TRON's top decentralized exchange, has been a consistent performer in 2025. Swap volumes have been consistently over $3 billion per month throughout 2025 so far, reaching a high of $3.8 billion in May, June recorded a corresponding volume of $2.3 billion, with 8.6 billion WTRX changing hands, down from May’s yearly peak of 15.5 billion WTRX. The lending market, JustLend, has also seen increased activity, with deposits and borrowing on the rise.

當索拉納（Solana）抓住頭條新聞時，不要忘記特隆（Tron）。特隆（Tron）是2025年的頂級分散交易所的Sunswap一直表現穩定。到目前為止，整個2025年，掉期數量一直超過30億美元，在6月，6月的38億美元達到38億美元，相應的數量為23億美元，為23億美元，換人8.6億WTRX換手，從5月份的年輕人（5月份）的年輕人降到了15.5億年級的15.5億美元。貸款市場（Justlend）也看到了活動的增加，存款和借款正在上升。

TRON also leads in stablecoin transactions, surpassing Ethereum in daily USDT transfers. This is a major shift, as TRON has been processing higher USDT volumes than Ethereum since mid-2022.

Tron還領導了Stablecoin交易，超過了每日USDT轉移的以太坊。這是一個重大的轉變，因為Tron自2022年中以來一直在處理比以太坊高的公司。

Final Thoughts

最後的想法

The DeFi landscape is constantly evolving, with Solana and TRON making significant strides. Solana's focus on speed, low fees, and innovation, combined with the potential for ETFs, makes it a compelling player. TRON's steady performance and dominance in stablecoin transactions shouldn't be overlooked either. The future of DeFi is bright, so buckle up and enjoy the ride!

Defi景觀在不斷發展，Solana和Tron取得了長足的進步。索拉納（Solana）專注於速度，低費用和創新，再加上ETF的潛力，使其成為引人注目的參與者。 Tron在Stablecoin交易中的穩定表現和優勢也不應忽略。 Defi的未來是明亮的，所以搭扣並享受旅程！