DeFi Development Corp. has proposed raising up to $20 million to increase its holdings of SOL, the native token of the Solana blockchain. This move extends the company's strategy of building a Solana-focused corporate treasury, following recent token purchases that expanded their SOL reserves to 2.33 million. The raise is still in the proposal stage, with details like pricing and timing yet to be finalized. Investors should watch for how much capital is actually raised and the pace at which it is used to buy SOL, as this could impact Solana's market dynamics distinct from retail or exchange trading flows.
The Official Trump meme coin team transferred 11.01 million SOL tokens worth $26.65 million ahead of a scheduled unlock of 28.7 million TRUMP tokens on September 18, representing 2.9% of the total supply. This move continues a pattern of large token ...
In August 2026, the cryptocurrency market rallied strongly, adding about $500 billion to push total market capitalization above $2.7 trillion. This surge was driven by the U.S. Treasury's decision to double bond buybacks and supportive comments from ...
Solana (SOL) has broken out of a months-long accumulation range and a year-long downtrend, pushing its price above $100 and signaling a potential market reversal. The critical test now is whether the $83-$85 zone can hold as support during the next p...
On August 31, Robinhood Chain achieved a record $989 million in decentralized exchange trading volume and $708 million in total value locked, nearly doubling from the previous month. Its daily app revenue reached $2.66 million, exceeding Ethereum and...
Aquifer, a Solana-based automated market maker, suffered a $2.5 million loss due to an exploit involving compromised wallets on both Solana and Ethereum. The protocol has offered the attacker a 20% whitehat bounty if at least 80% of the stolen assets...
