DeFi Development Corp., formerly Janover Inc., priced its CHAD preferred stock at $8 per share, raising $11 million to expand its Solana treasury. The preferred shares offer a 13% annual dividend paid daily and are perpetual and nonconvertible, giving holders priority over common stock in dividends and liquidation. The funds will be used to buy more Solana (SOL) tokens and support staking activities, reinforcing the company's unique strategy as a US public firm focused on a Solana-centric treasury. Investors should note the dividend rate is variable, and the company's heavy reliance on Solana exposes it to crypto market volatility.
Solana (SOL) was trading at $109.91 on Binance spot as of early October 10. CoinDCX issued a forecast on October 7 projecting Solana's price to range between $116.30 and $134 during October 2026, with a target price of $126. The current price differe...
In the altcoin spot ETF market, Chainlink (LINK), Binance Coin (BNB), and NEAR ETFs recorded net inflows, signaling investor interest, while Solana (SOL) ETFs experienced net outflows for the fifth consecutive day. Other altcoins like XRP, Dogecoin, ...
SkyAI, a company that primarily holds Solana (SOL) as a treasury asset, is suspected of transferring 468,000 SOL valued at about $51.1 million. This large movement has drawn attention from market watchers, though the purpose and destination of the to...
Solana's network usage reached a 13-month high with 1.88 million active addresses, driven mainly by stablecoin transactions. However, the SOL token price dropped 8.1% over the week to $108.88 amid $22 million outflows from US spot ETFs in October. Th...
Solana plans to launch the Alpenglow mainnet upgrade, which will reduce block finality from about 12.8 seconds to roughly 150 milliseconds by replacing the TowerBFT voting layer with Votor. This upgrade will temporarily limit some Block Assembly Mark...
