DFDV's Solana Stash Hits 2.2M SOL—Now It Just Needs AI Agents to Moon It

March 2026 has been a rough month for crypto, and Digital Assets Treasuries (DTAs) didn't escape the bloodbath. But DeFi Development Corp still managed to turn some heads.

Despite flat growth, the firm kept stacking Solana. Its March 2026 recap shows DFDV now holds 2,223,074 SOL—worth roughly $185 million. With 29,497,394 shares outstanding, that's 0.0754 SOL Per Share (SPS) for investors to brag about at dinner parties.

The shareholder letter also flexed how Solana's multifold 2025 run now represents nearly 3% of circulating SOL supply held by DATs. Not bad for a "slow month."

Oh, and revenue? Over 442% growth in 2025. Nice.

But here's the spicy part: DFDV thinks autonomous AI agents could be SOL's next big buyer. Their report lays out a base-case of $27 billion in structural SOL demand from agentic AI, with a bull-case dreaming all the way to $112.5 billion. Somewhere, a bot is taking notes.

Meanwhile, DFDV's stock traded at $3.64—down 3.84%—and Solana hovered around $79.12, slipping 3.88% in 24 hours. Price weakness aside, Daily Active Addresses stayed healthy, meaning people are still actually using the thing.

Social Volume? That's where the pain is. Hype is fading compared to previous cycles. One whale learned this the hard way, dumping 47,401 SOL and realizing losses north of $4 million—which helped tank SOL by another 5.85%.

One bright spot: SOL DATs are outperforming ETH DATs. Small wins.

Where this all goes? The market will decide.