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.
Bitcoin surged past $80,000, reaching $81,006 with a 5.75% gain in 24 hours, lifting its market cap to $1.62 trillion amid $35.5 billion in daily trading volume. This rally is linked to renewed ETF inflows, yen weakness, and weak US economic data red...
Solana (SOL) has surged past $100 for the first time since last year, signaling a potential trend reversal after months of decline. The $100 level, previously a resistance, is now acting as strong support, with SOL recently touching $110. Technical i...
Solana's price rose more than 4% on September 18, climbing from around $101.63 to about $105.89, driven by a derivatives-fueled rebound and a broader crypto market recovery after the Federal Reserve's policy decision. The token broke above its 20-day...
Bitcoin recovered to just below $78,000 after a brief dip, marking its third straight day of gains amid a broader crypto rally. Major altcoins like Hyperliquid's HYPE, Zcash's ZEC, and Solana's SOL saw significant increases of 11%, 8%, and 6% respect...
Solana (SOL) price fluctuated around $101-$105, gaining about 4-5% in 24 hours and holding above the key $100 support level. Analyst Ali Charts highlighted $105 as a critical resistance point; a sustained close above this could trigger a rally toward...
