DeFi Development Corp Adds $3 Million in Solana as SOL Buys Slow
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Solana Treasury DeFi Development Corp Eyes $20 Million Raise to Buy More SOL
The publicly traded company recently bought 19,000 SOL, bringing its treasury to more than 2.33 million SOL and SOL equivalents.
Solana Treasury Firm DeFi Dev Corp Rolls Out $300M CHAD to Buy More SOL
DeFi Development Corp added another 55,491 SOL and opened a CHAD at-the-market program for its preferred stock, extending a fast-moving three-week run of capital markets activity.
Solana Treasury Firm Invites Investors to Look 'Beyond the Price of SOL'
Nasdaq-listed SOL treasury company DeFi Development Corp launched a free network dashboard on Wednesday. Its pitch: judge Solana on more than just price.
Circle minted an additional 250 million USDC on the Solana chain, bringing its total minting this year to approximately 66.76 billion.
PANews reported on July 8th that, according to Onchain Lens, stablecoin issuer Circle has just minted an additional $250 million worth of USDC on the Solana blockchain. Data shows that Circle has minted approximately $66.76 billion worth of USDC on Solana so far this year.
0xSun: I've already buy the dips in ANSEM and NEST, and I believe Solana will remain the engine of this round of on-chain price increases.
According to Odaily Odaily, trader 0xSun stated that he has purchased ANSEM and NEST at market values of approximately $280 million and $6 million respectively, in order to participate in the current on-chain market volatility. He believes that the on-chain market performance driven by blknoiz06 was active in this round, with strong Meme coins appearing in Solana, BNB Chain, and Robinhood Chain. However, the overall rotation was extremely fast. Except for ANSEM, which continued to rise for more than a week, most of the other leading chains peaked overnight. 0xSun stated that ANSEM has already corrected by over 40% from its peak, and given Ansem's continued activity and the fact that approximately 60% of its tokens remain uncirculated, a rebound is highly probable. NEST, on the other hand, is a riskier and more volatile asset, with its short-term price movement still primarily driven by market sentiment. They also believe that for investors with smaller capital, the crypto market remains a more suitable market for high-risk, high-reward plays.
ZetaChain holders approve plan to wind down L1, move ZETA to Solana
ZetaChain plans to wind down its Cosmos-based layer 1 and migrate ZETA to Solana, joining other crypto projects moving away from standalone chains.