DeFi Development Corp, a Nasdaq-listed company focused on Solana, has initiated a $200 million at-the-market equity offering to fund its Solana reserve strategy. The company plans to issue shares only when it increases the value of SOL per share, aiming to reach one SOL per share by 2028. Proceeds from the offering will primarily support further accumulation of SOL, alongside working capital and strategic initiatives. This move continues DeFi Development's approach of using equity raises to grow its SOL treasury and generate organic yield through staking and ecosystem participation.
Solana's price dropped below its 200-day average to around $86, with a critical support level at $85 holding twice recently. Meanwhile, leveraged futures positions on OKX increased by 24 percent despite the price decline, indicating many traders are ...
BNB Chain recorded 4.86 million active addresses in a single day, more than doubling Solana's 1.97 million and surpassing Ethereum's 535,100, according to DeFiLlama data from November 9, 2026. This highlights BNB Chain's strong position in blockchain...
A wallet connected by analysts to the UXLINK exploit began selling $148 million worth of long positions in Ethereum, Solana, and XRP on Hyperliquid on November 9. The sale is executed via a 16-hour TWAP order, expected to realize a $3.3 million loss ...
On November 8, Dogecoin (DOGE) was the only one among five major cryptocurrencies to see an increase in open interest for perpetual futures, rising 0.47% to $180.5 million. XRP posted the highest funding rate at 0.0085% every eight hours, equivalent ...
A trader linked to the UXLINK hack has sold $148 million worth of Ethereum, Solana, and XRP at a loss, triggering price pressure on these cryptocurrencies. The trader used a 16-hour algorithmic sell-off on Hyperliquid after suffering a $3.3 million n...
