TSOLvsDFDV
21Shares Solana ETF vs DeFi Development Corp
Side-by-side Solana treasury comparison: holdings, market cap, mNAV ratio, cost basis, and recent purchases. Numbers refresh every 5 minutes from SEC filings and live market data.
TSOL
21Shares Solana ETF
🇺🇸 US
38,166 SOL
$3.0M market value
DFDV
DeFi Development Corp
🇺🇸 US
2,294,576 SOL
$177.8M market value
Metric
TSOL
DFDV
SOL holdings
38,166 SOL
2,294,576 SOL
Market value of SOL
$3.0M
$177.8M
Average cost per SOL
—
$141.09
Total cost basis
—
$323.7M
mNAV (market cap ÷ SOL value)
—
0.48×
Last disclosed purchase
Dec 31, 2025
Mar 31, 2026
- Dec 31, 2025+0 SOL—
- Sep 30, 2025+0 SOL—
- Mar 31, 2026+794,000 SOL$65.5M
TSOL vs DFDV: frequently asked
Which company holds more Solana, TSOL or DFDV?▾
DeFi Development Corp (DFDV) holds 2,294,576 SOL, compared to 21Shares Solana ETF's (TSOL) 38,166 SOL — roughly 60.1× more.
What's the total Solana value on the balance sheets of TSOL and DFDV?▾
TSOL holds $3.0M worth of Solana at current market prices. DFDV holds $177.8M.
Who has a lower cost basis per SOL, TSOL or DFDV?▾
Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.
When did TSOL last buy Solana?▾
TSOL disclosed a 0 SOL purchase on December 31, 2025.
When did DFDV last buy Solana?▾
DFDV disclosed a 794,000 SOL purchase on March 31, 2026.