DeFi Development Corp., a company focused on accumulating Solana (SOL), announced an increase in the annual dividend rate on its CHAD preferred stock from 13% to 14%, effective November 2. This 1% increase raises annual dividend payments from $1.30 to $1.40 per share, delivering a 7.7% boost in income for investors. The company continues to expand its Solana treasury, now holding approximately 2.59 million SOL, and uses staking and validator operations to support dividend payments. DeFi Development also has a $300 million share issuance program to finance further SOL purchases and recently authorized a repurchase program for CHAD shares, reflecting its strategy to scale and strengthen investor returns amid crypto market volatility.
The Solana treasury firm DeFi Development's recent dividend rate increase is contextually placed within Pluang's cryptocurrency market snapshot as of Oct 15, 2026 22:22 WIB. On that day, out of 50 major cryptocurrencies tradable on Pluang, 20 rose and 29 fell. Notable price changes include UNI at Rp133.608 with a 4.46% increase and MANA at Rp1.545 with a 4.45% decrease, while SNX saw a 4.38% drop. The most notable figure is UNI's 60% sell order activity on Pluang.
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