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DeFi Development's CHAD stock raised funds equivalent to over 3,500 Solana tokens this week.

Market News
14 Nov 2026, 15:12 WIB
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DeFi Development's CHAD stock raised funds equivalent to over 3,500 Solana tokens this week.

DeFi Development Corp.'s CHAD preferred stock, listed on Nasdaq, raised funds this week that could potentially buy more than 3,500 Solana (SOL) tokens, averaging about 700 SOL per day. This follows a record daily fundraising on November 11, which could cover over 1,170 SOL. The estimate highlights the company's potential buying power but does not confirm actual purchases of Solana tokens. This fundraising activity signals strong investor interest in DeFi Development's preferred stock and its link to digital assets like Solana.

DeFi Development Corp.'s potential to buy over 3,500 Solana tokens contrasts with Solana's current trading on Pluang at Rp1.372.484 per token, down 6.86% in one day as of Nov 14, 2026 20:31 WIB. Despite this dip, Solana maintains a strong market cap of Rp817,72 trillion and a 24-hour trading volume of Rp62,51 trillion. Pluang users show a buying interest with 66% buy orders and an average hold time of 73 days, highlighting ongoing engagement with Solana amid fluctuating prices.

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