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 saw a surge of 1.6 million new addresses in two weeks, signaling stronger network activity and ecosystem growth. This increased participation supports a positive market outlook as SOL maintains its short-term uptrend, holding key support level...
Solana's decentralized blockchain now ranks second worldwide in spot crypto trading volume, processing about $12.25 billion, trailing only Binance. Its decentralized exchanges surpassed Coinbase and Kraken combined, driven by low fees, high speed, an...
Circle minted $3.5 billion worth of USDC stablecoins on the Solana blockchain in one week, including a single $1 billion transaction on June 16. This surge pushes total USDC issuance on Solana past $64 billion for 2026, highlighting growing instituti...
Bitcoin and Ethereum prices rose by 1.20% and 1.32% respectively, boosting overall crypto market sentiment despite a decline in decentralized finance (DeFi) trading volume. Large-cap altcoins mostly gained, with Bitcoin dominance increasing to 58%, i...
Solana's 3-day SuperTrend indicator has issued its first buy signal since October 2025, suggesting a potential momentum shift after a significant price correction to around $60 in June. The network has expanded with 1.6 million new addresses in two w...
