Odaily Planet Daily News Nasdaq-listed company DeFi Development Corp. (DFDV) saw its share price rise sharply on May 16, with an intraday increase of up to 30%, setting a record high. The main reasons for the rise in share prices include the company's announcement of a partnership with BONK, a memecoin community in the Solana ecosystem, and an increase in SOL tokens. Under the cooperation, DeFi Development Corp. will co-manage a Solana validator node with BONK, share staking income, and integrate BONK's liquidity staking token BONKSOL. The day before the announcement of the cooperation, DeFi Development Corp. purchased 16,447 SOL, bringing its total holdings to 609,190 SOL, worth approximately US$107 million at current prices. (CoinDesk)