defidevelopment

Massive SOL Treasury Expansion

DeFi Development Corp has significantly expanded its Solana treasury to 2.39 million SOL and announced a 300 million dollar preferred stock offering to bolster its capital.

#SolanaTreasury #DeFiDevelopment ‎

DeFi Development Corp, a Nasdaq‑listed firm, reported buying roughly 22,070 SOL and SOL‑equivalent tokens in the past week, bringing its total SOL holdings to about 2,586,282. That marks a 12% rise since August 12, although the size of its weekly purchases has been decreasing. In the same update, the company’s CHAD perpetual preferred stock reached a record level. The news was published on October 12, 2026. The firm continues to acquire SOL even as its weekly purchase amounts shrink.

#DeFiDevelopment #SolanaTreasury #CHADStock

$SOL

🔥 $200 M “at‑the‑market” ATM just opened for Solana – a single equity program that dwarfs the $76.8 % CBUCKS inflow and the combined $3.9 % smart‑wallet buys (Fly, FLUENCER, TSI) in the last 24 hrs.

📊 The timing is critical: SOL sits at $102, RSI 38.3 and its Bollinger Band skims the lower band (‑0.9 %), primed for a supply‑shock rally if institutional demand materializes.

💡 Smart money is already positioning: three Solana wallets (Fly, FLUENCER, TSI) collectively added ~4 % to holdings, while CBUCKS pumped +76.8 % into the token – a classic “buy‑the‑dip” signal that #SmartMoney trusts #SOL when price breaches the $105‑$110 range, especially as #DeFiDevelopment pledges equity only when “SOL per share” rises.

🚀 Watch the $108‑$112 corridor as the next catalyst; a clean close above $108 would trigger the $200 M ATM drawdown, likely pushing SOL past $115 and tightening the BTC‑ETH correlation, a move flagged by the bullish BTC funding (+0.0040 %) and long‑biased OI (64 % longs). #OnChain

❓ If you think the $200 M infusion is just hype, what’s your plan when SOL finally breaks the $108 barrier?