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DeFi Dev Corp. boosts SOL holdings ahead of Solana's fast Alpenglow upgrade and raises CHAD dividend to 14%.

Market News
19 Oct 2026
GlobeNewsWire
View Source
Bullish
DeFi Dev Corp. boosts SOL holdings ahead of Solana's fast Alpenglow upgrade and raises CHAD dividend to 14%.

DeFi Development Corporation increased its Solana (SOL) treasury by nearly 4,000 SOL, totaling about 2.59 million SOL, ahead of Solana's Alpenglow upgrade on October 21, 2026. This upgrade will drastically reduce transaction finality time from 12.8 seconds to approximately 150 milliseconds, enhancing Solana's speed to near-instant payments. The company also raised the annual dividend rate on its CHAD preferred stock from 13% to 14%, effective November 2, 2026, aiming to attract income investors and support further SOL accumulation. These moves position DeFi Dev Corp. to benefit from Solana's expanding role in onchain finance and tokenization.

DeFi Development Corporation's Solana (SOL) treasury stands at about 2.59 million SOL as of October 19, 2026. For readers following broader market activity, here is Pluang's snapshot as of Oct 19, 2026 18:32 WIB: out of 150 US stocks tradable on Pluang, 83 rose and 60 fell today. Notable movers include FCEL at USD 13.40 (+3.08%), AMD at USD 543.85 (+2.86%), and MU at USD 903.30 (+2.78%).

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