Ken Griffin, the billionaire founder of Citadel, has just revealed a 4.5% personal stake in DeFi Development Corp, a Nasdaq-listed firm stockpiling Solana ($SOL) as its main treasury asset.Ken Griffin, the billionaire founder of Citadel, has just revealed a 4.5% personal stake in DeFi Development Corp, a Nasdaq-listed firm stockpiling Solana ($SOL) as its main treasury asset.

Citadel CEO’s Solana Bet Sparks Altcoin Momentum – Why It’s Time to Invest in $SNORT

2025/10/23 20:58
4 min read

KEY POINTS:

➡ Citadel’s CEO discloses a 4.5% personal stake in Solana treasury firm Defi Development Corp.
➡ DeFi Development Corp holds over 2.19M $SOL worth around $415M.
➡ Solana’s price has almost doubled since April, and analysts eye a potential breakout to $260.
➡ Snorter Token ($SNORT) is a utility-driven gateway to Solana’s next liquidity wave. It’s raised over $5.45M ahead of its Oct 27 claim event.

This move has placed Griffin among the first Wall Street giants to take a direct equity position in a company built around Solana’s blockchain.

According to a filing with the US Securities and Exchange Commission, Griffin holds 1.3M shares. Meanwhile, Citadel Advisors owns another 800K to bring their combined ownership to 7.2%.

Ken Griffin, CEO of Citadel, holds a 4.5% stake in DeFi Development Corp.

Source: X/@martypartymusic

DeFi Development Corp itself has built one of the largest Solana treasuries in the world. It currently holds 2.19M $SOL worth around $415M. This is up over 106% since it started accumulating $SOL in April 2025.

The move signals a clear change in institutional hunger. Traditional funds that once stuck to Bitcoin are now rotating toward Layer-1 ecosystems they believe can offer better returns due to their higher throughput.

Solana currently processes 707 transactions per second (TPS). But it has the capacity to process up to 65K TPS.

If you couple that with its low fees and the thousands of active projects available on-chain, you can see why it is an attractive pick for both yield-seeking firms and DeFi builders.

Solana scalability through real-time TPS, max TPS per block, and max theoretical TPS.

Source: Chainspect

This growing demand for Solana exposure is part of a broader trend where crypto treasuries are becoming a new institutional asset class. Griffin’s stake is a signal that Solana is maturing into credible collateral on Wall Street.

History shows what happens next. Not long after institutions start buying treasuries, retail traders follow with speed. They turn to tools and tokens that amplify every on-chain move.

And that’s where Snorter Token ($SNORT) – one of the best altcoins to buy right now – shines. This Solana-powered Telegram bot is built for traders who want to move as fast as the market itself.

The Institutional Solana Play

DeFi Development Corp’s strategy is simple. Buy and stake Solana ($SOL) to generate yield while the asset appreciates.

The strategy is focused on building a crypto treasury that earns real on-chain income through validator rewards and staking returns. That model turns a volatile token like Solana into a productive asset – something Wall Street understands pretty well.

For a hedge fund like Citadel, this approach offers a hedge against inflation, diversification away from equities, and direct exposure to blockchain growth.

The timing also aligns with Solana’s strong recovery since April. Technical charts show a double-bottom reversal pattern, hinting at a possible breakout toward $260 if resistance clears.

Institutional entry also acts as a massive confidence signal for the whole Solana ecosystem. DeFi protocols like Jupiter and Raydium, NFT marketplaces, and meme coins all will benefit from increased liquidity and visibility.

And that’s the point. Institutional conviction brings deep liquidity. Liquidity fuels meme seasons. So the next rotation could reward Solana-native tools that help you trade faster, cheaper, and smarter.

Cue Snorter Token ($SNORT).

Snorter Token ($SNORT) – Final Chance to Buy Before Claim Opens

Built as a Telegram-native trading bot token spanning Solana and Ethereum, $SNORT will turn your chats into a trading terminal.

You’ll be able to swap, snipe, copy trade, and track portfolios all without having to leave Telegram. It’s frictionless. Fast. Purpose-built for meme chaos.

Holding the $SNORT token will also cut your trading fees from 1.5% to just 0.85%, making it one of the cheapest bots on the market.

In its closed beta, its rug and honeypot detection was able to flag bad contracts with 85% accuracy. This adds a layer of security to the wild west that is meme coin trading.

➡ Learn how to buy Snorter Token in our step-by-step walkthrough.

The numbers tell the full story. $SNORT currently has more than 16K investors, after raising over $5.45M in its presale. The final stage price for tokens is locked at $0.1083, but analysts forecast a Snorter Token price prediction of $1.07 potentially being possible before the end of the year. That’s almost a 10x return.

However, there are only four days left to join the presale before the claim event goes live on October 27 at 2 PM UTC. Staking yields of 102% are also available from now until then to increase your bag size.

If Citadel and Ken Griffin are stocking Solana for yield, retail traders are chasing it for speed. $SNORT offers both. You’ll get trading, staking, and analytics in one place.

Join the Snorter Token presale before the claim window opens.

Market Opportunity
4 Logo
4 Price(4)
$0.00908
$0.00908$0.00908
+2.37%
USD
4 (4) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Trading time: Tonight, the US GDP and the upcoming non-farm data will become the market focus. Institutions are bullish on BTC to $120,000 in the second quarter.

Trading time: Tonight, the US GDP and the upcoming non-farm data will become the market focus. Institutions are bullish on BTC to $120,000 in the second quarter.

Daily market key data review and trend analysis, produced by PANews.
Share
PANews2025/04/30 13:50
Nvidia’s Strategic Masterstroke: Deepening Early-Stage Ties with India’s Booming AI Startup Ecosystem

Nvidia’s Strategic Masterstroke: Deepening Early-Stage Ties with India’s Booming AI Startup Ecosystem

BitcoinWorld Nvidia’s Strategic Masterstroke: Deepening Early-Stage Ties with India’s Booming AI Startup Ecosystem NEW DELHI, INDIA – October 2025: Nvidia Corporation
Share
bitcoinworld2026/02/20 09:30
Lovable AI’s Astonishing Rise: Anton Osika Reveals Startup Secrets at Bitcoin World Disrupt 2025

Lovable AI’s Astonishing Rise: Anton Osika Reveals Startup Secrets at Bitcoin World Disrupt 2025

BitcoinWorld Lovable AI’s Astonishing Rise: Anton Osika Reveals Startup Secrets at Bitcoin World Disrupt 2025 Are you ready to witness a phenomenon? The world of technology is abuzz with the incredible rise of Lovable AI, a startup that’s not just breaking records but rewriting the rulebook for rapid growth. Imagine creating powerful apps and websites just by speaking to an AI – that’s the magic Lovable brings to the masses. This groundbreaking approach has propelled the company into the spotlight, making it one of the fastest-growing software firms in history. And now, the visionary behind this sensation, co-founder and CEO Anton Osika, is set to share his invaluable insights on the Disrupt Stage at the highly anticipated Bitcoin World Disrupt 2025. If you’re a founder, investor, or tech enthusiast eager to understand the future of innovation, this is an event you cannot afford to miss. Lovable AI’s Meteoric Ascent: Redefining Software Creation In an era where digital transformation is paramount, Lovable AI has emerged as a true game-changer. Its core premise is deceptively simple yet profoundly impactful: democratize software creation. By enabling anyone to build applications and websites through intuitive AI conversations, Lovable is empowering the vast majority of individuals who lack coding skills to transform their ideas into tangible digital products. This mission has resonated globally, leading to unprecedented momentum. The numbers speak for themselves: Achieved an astonishing $100 million Annual Recurring Revenue (ARR) in less than a year. Successfully raised a $200 million Series A funding round, valuing the company at $1.8 billion, led by industry giant Accel. Is currently fielding unsolicited investor offers, pushing its valuation towards an incredible $4 billion. As industry reports suggest, investors are unequivocally “loving Lovable,” and it’s clear why. This isn’t just about impressive financial metrics; it’s about a company that has tapped into a fundamental need, offering a solution that is both innovative and accessible. The rapid scaling of Lovable AI provides a compelling case study for any entrepreneur aiming for similar exponential growth. The Visionary Behind the Hype: Anton Osika’s Journey to Innovation Every groundbreaking company has a driving force, and for Lovable, that force is co-founder and CEO Anton Osika. His journey is as fascinating as his company’s success. A physicist by training, Osika previously contributed to the cutting-edge research at CERN, the European Organization for Nuclear Research. This deep technical background, combined with his entrepreneurial spirit, has been instrumental in Lovable’s rapid ascent. Before Lovable, he honed his skills as a co-founder of Depict.ai and a Founding Engineer at Sana. Based in Stockholm, Osika has masterfully steered Lovable from a nascent idea to a global phenomenon in record time. His leadership embodies a unique blend of profound technical understanding and a keen, consumer-first vision. At Bitcoin World Disrupt 2025, attendees will have the rare opportunity to hear directly from Osika about what it truly takes to build a brand that not only scales at an incredible pace in a fiercely competitive market but also adeptly manages the intense cultural conversations that inevitably accompany such swift and significant success. His insights will be crucial for anyone looking to understand the dynamics of high-growth tech leadership. Unpacking Consumer Tech Innovation at Bitcoin World Disrupt 2025 The 20th anniversary of Bitcoin World is set to be marked by a truly special event: Bitcoin World Disrupt 2025. From October 27–29, Moscone West in San Francisco will transform into the epicenter of innovation, gathering over 10,000 founders, investors, and tech leaders. It’s the ideal platform to explore the future of consumer tech innovation, and Anton Osika’s presence on the Disrupt Stage is a highlight. His session will delve into how Lovable is not just participating in but actively shaping the next wave of consumer-facing technologies. Why is this session particularly relevant for those interested in the future of consumer experiences? Osika’s discussion will go beyond the superficial, offering a deep dive into the strategies that have allowed Lovable to carve out a unique category in a market long thought to be saturated. Attendees will gain a front-row seat to understanding how to identify unmet consumer needs, leverage advanced AI to meet those needs, and build a product that captivates users globally. The event itself promises a rich tapestry of ideas and networking opportunities: For Founders: Sharpen your pitch and connect with potential investors. For Investors: Discover the next breakout startup poised for massive growth. For Innovators: Claim your spot at the forefront of technological advancements. The insights shared regarding consumer tech innovation at this event will be invaluable for anyone looking to navigate the complexities and capitalize on the opportunities within this dynamic sector. Mastering Startup Growth Strategies: A Blueprint for the Future Lovable’s journey isn’t just another startup success story; it’s a meticulously crafted blueprint for effective startup growth strategies in the modern era. Anton Osika’s experience offers a rare glimpse into the practicalities of scaling a business at breakneck speed while maintaining product integrity and managing external pressures. For entrepreneurs and aspiring tech leaders, his talk will serve as a masterclass in several critical areas: Strategy Focus Key Takeaways from Lovable’s Journey Rapid Scaling How to build infrastructure and teams that support exponential user and revenue growth without compromising quality. Product-Market Fit Identifying a significant, underserved market (the 99% who can’t code) and developing a truly innovative solution (AI-powered app creation). Investor Relations Balancing intense investor interest and pressure with a steadfast focus on product development and long-term vision. Category Creation Carving out an entirely new niche by democratizing complex technologies, rather than competing in existing crowded markets. Understanding these startup growth strategies is essential for anyone aiming to build a resilient and impactful consumer experience. Osika’s session will provide actionable insights into how to replicate elements of Lovable’s success, offering guidance on navigating challenges from product development to market penetration and investor management. Conclusion: Seize the Future of Tech The story of Lovable, under the astute leadership of Anton Osika, is a testament to the power of innovative ideas meeting flawless execution. Their remarkable journey from concept to a multi-billion-dollar valuation in record time is a compelling narrative for anyone interested in the future of technology. By democratizing software creation through Lovable AI, they are not just building a company; they are fostering a new generation of creators. His appearance at Bitcoin World Disrupt 2025 is an unmissable opportunity to gain direct insights from a leader who is truly shaping the landscape of consumer tech innovation. Don’t miss this chance to learn about cutting-edge startup growth strategies and secure your front-row seat to the future. Register now and save up to $668 before Regular Bird rates end on September 26. To learn more about the latest AI market trends, explore our article on key developments shaping AI features. This post Lovable AI’s Astonishing Rise: Anton Osika Reveals Startup Secrets at Bitcoin World Disrupt 2025 first appeared on BitcoinWorld.
Share
Coinstats2025/09/17 23:40