DeFi Dev Corp: $300M CHAD to Acquire More SOL
DeFi Dev Corp launches $300M CHAD to buy additional SOL as Solana treasury activity intensifies.
SourceAnalysis
DeFi Dev Corp has rolled out a $300M CHAD vehicle specifically to accumulate more SOL.
Price action on the 4h chart shows SOL trading at $100.65 inside the Bollinger Bands with the EMA50 at $101.65 acting as immediate resistance and the EMA200 at $94.54 providing longer-term support; the MACD golden cross at -0.09 adds bullish momentum while RSI at 45.95 remains neutral, pointing to a likely probe of the upper band at $103.12 before any pullback to the lower band near $99.46. SOL price prediction models now incorporate this treasury-driven demand alongside broader crypto market crash resilience tests and AI industry impact on blockchain scaling.
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