DeFi Development Increases SOL Holdings by 12% Amid CHAD Stock Surge
DeFi Development Corp. (DFDV) has significantly increased its Solana holdings while its preferred stock hits record highs.
DeFi Development Corp. (DFDV) has significantly increased its Solana holdings while its preferred stock hits record highs. Solana (SOL) is trading at $107.03, down 0.4% since this brief published. This is an original TLT brief synthesising 2 outlets (The Block, CoinCodex), plus live market data, as of Tue, 13 Oct 2026 21:15:03 UTC.
The substantial purchase of SOL tokens by a publicly traded company highlights growing institutional interest in Solana and could signal broader adoption of the blockchain in decentralized finance.
- DFDV added 22,070 SOL to its treasury last week.
- DFDV's total SOL holdings now stand at 2.59 million tokens.
- CHAD preferred stock reached record highs despite market volatility.
- Solana's DeFi TVL remains at $6.05 billion.
The Block and CoinCodex both report that DeFi Development Corp. (DFDV) added 22,070 SOL to its holdings last week, bringing its total to 2.59 million SOL. They agree on the timing and amount of the purchase as well as the current holdings figure. However, The Block provides additional context about the CHAD preferred stock hitting record highs despite a broader market selloff, while CoinCodex focuses solely on the SOL purchase details.
DeFi Development Corp. (DFDV), a Nasdaq-listed company, has increased its 
Solana (SOL) holdings by purchasing an additional 22,070 tokens last week.
This acquisition brings DFDV's total SOL holdings to 2.59 million tokens, according to both The Block and CoinCodex.
Despite a broader market selloff, DFDV's CHAD preferred stock reached record highs, indicating strong investor confidence in the company's strategy.
The purchase comes as Solana's DeFi ecosystem continues to grow, with a total value locked (TVL) of $6.05 billion, according to DeFiLlama.
In the broader market context, the total crypto market cap stands at $2.87 trillion, with 
Bitcoin showing a modest 24-hour gain of 0.45% and Solana trading at $107.41, down 0.84% in the last 24 hours.
Since this brief published about 30 hours ago, Solana (SOL) has moved from $107.41 to $107.03 — -0.35%.
The chart plots SOL's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 SOL ≈ ₦146,377.97 (about $107.03), down 0.9% over 24 hours. The naira itself trades about 2.7% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 13, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
DeFi Development Increases SOL Holdings by 12% Amid CHAD Sto — questions & answers
How much SOL did DFDV purchase last week?
DFDV purchased 22,070 SOL last week.
What is DFDV's total SOL holdings after the purchase?
DFDV's total SOL holdings are now 2.59 million tokens.
How is Solana's DeFi ecosystem performing?
Solana's DeFi TVL is $6.05 billion, as reported by DeFiLlama.
How much is 1 Solana worth in naira today?
About ₦146,377.97 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $107.03. The naira price moves with both SOL's US-dollar price and the USDT/NGN rate; use our Solana in naira page for any amount.
Has Solana's price moved since this brief was published?
SOL is down 0.35% since this brief first published — trading at $107.03 now versus $107.41 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from The Block, CoinCodex, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.