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The latest shareholder letter from DeFi Development Corp., a Nasdaq-listed Solana treasury company, shows that its fully converted SOL per share has grown 108% over the past year, rising from 0.0322 on May 13, 2025, to 0.0670 on May 13, 2026. The growth is notable because it came during a difficult period for Solana's price action, particularly in the first quarter of 2026, where the SOL price has been struggling with bearish momentum.

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Crypto derivatives markets saw a sharp wave of forced unwinds over the past day, with liquidations heavily skewed toward bullish bets—an imbalance that typically signals an abrupt downside move or a volatility spike that caught leverage offside. According to CoinAnk data cited by PANews, total liquidations across cryptocurrency futures reached about $368 million over the past 24 hours.

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Bitcoin fell hard. Reports of potential US and Israeli military strikes against Iran hit the wires, and within hours traders were dumping crypto like it was on fire.

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Canary XRP ETF reported 212.6 million XRP, valued at about $305 million, as its latest holdings update followed a quarterly SEC filing. The trust's disclosures showed rising token holdings, spot-only exposure, and valuation pressure tied to XRP's price action.