DFDV uses CHAD stock to buy more SOL: A new catalyst for Solana’s $150 target?
Is the company accumulation of Solana about to start?
On the ETF entrance, institutional shopping for continued its bullish development on the finish of August, sending belongings again towards the degrees seen earlier than the October crash.
Solana was no exception, as greater than $150 million flowed into SOL ETFs within the final week of August, the biggest weekly influx of 2026.
Notably, September has already kicked off with DeFi Improvement Company (NASDAQ: DFDV), which owns the third-largest Solana treasury with greater than 2 million SOL, accelerating its accumulation of the cryptocurrency.
The corporate introduced that it will increase as much as $20 million from its upcoming issuance of “CHAD Inventory” that may pay a 13% yearly dividend within the type of every day funds.
Put merely, CHAD Inventory is a most popular inventory issued by DFDV to boost capital. Buyers purchase the shares and, in return, obtain a 13% dividend.
The important thing takeaway? DFDV can make the most of the cash to enhance the corporate’s steadiness sheet and purchase again extra SOL according to its technique to continue to grow its Solana treasury.
The timing of this transfer couldn’t have been higher.
From a technical standpoint, the market worth of DFDV grew over 80% to this point in Q3, its first constructive quarter since Q2 2025. Its inventory worth crossed $5+, which supplies it higher momentum to boost extra funds to proceed its accumulation of SOL.
Company Solana shopping for vs. Pump.enjoyable’s promoting strain
Among the many Layer 1 networks, Solana [SOL] has the biggest memecoin ecosystem.
Particularly, its memecoin exercise has grown exponentially after the launch of a memecoin launchpad referred to as Pump.enjoyable, which has made the method of making and launching tokens a lot simpler on the community.
Nonetheless, the identical platform has changed into a supply of promoting strain for SOL. Pump.enjoyable bought one other 132k SOL on the first of September, pushing its cumulative SOL gross sales to five,110,924 SOL.
Furthermore, the larger downside with memecoins is that merchants have extraordinarily brief holding durations. Moreover, they’re consistently rotating out and in of tokens, with the typical holding time for SOL being 42 seconds.
It reveals that merchants are extremely speculation-driven and are on the lookout for fast earnings.
In opposition to this background, DFDV’s determination to problem CHAD inventory may mark a shift.
Each technically and on-chain, this might characterize a significant shift within the dynamics of provide and demand for Solana, which is being more and more pressured by promoting strain from Pump.enjoyable in addition to the speculative nature of memecoins.
Against this, company treasury practices corresponding to these employed by DFDV may function a dependable supply of demand for SOL.
Corporate accumulation may grow to be a key theme for Solana because it eyes a transfer towards $150.
Ultimate Abstract
- Company SOL shopping for may steadiness Pump.enjoyable’s promoting strain.
- Extra company shopping for may help SOL’s transfer towards $150.
