Solana Treasury Firm DeFi Development Keeps Buying SOL as CHAD Preferred Stock Hits Record
60-second summary
Solana Treasury firm CHAD Preferred Stock, listed on Nasdaq, continues buying SOL, now holding roughly 2.59 million tokens, though weekly purchase volumes are decreasing. The firm’s ongoing accumulation signals confidence in Solana’s ecosystem despite the slowdown, while the record‑setting stock performance fuels investor optimism, potentially supporting SOL price stability and broader DeFi growth.
The Nasdaq-listed company now holds about 2.59 million SOL, but its weekly purchases keep shrinking.