DeFi Development NAV Per Share More Than Doubles as Solana Treasury Hits 2.56M SOL

The doubling in NAV per share is the more telling figure here: it suggests the treasury's value compounded faster than the token holdings alone would explain, which is the core test for any listed vehicle trading as a proxy for a crypto asset. The relevant audience is holders comparing DFDV's per-share exposure against direct SOL ownership and against rival treasury vehicles. Whether that NAV growth reflects sustained accretion or a one-quarter mark remains the open question, particularly once preliminary figures are finalized.