DeFi Development Corp. Funds SOL Strategy With Convertible Notes

DeFi Development Corp. has priced an upsized $112.5 million private offering of convertible notes to bolster its corporate treasury, including further acquisition of solana ( SOL). Company Funds SOL Strategy With Convertible Notes Worth $112.5 Million The Nasdaq-listed company (DFDV) announced the 5.5% convertible senior notes due 2030, marketed to qualified institutional buyers under Rule … Read more

USDC Adoption on Solana Enters Hyperdrive With Coinbase and Squads Alliance

Coinbase is driving a major leap in USDC adoption on Solana, locking it as the default stablecoin across Squads’ core products, powering next-gen decentralized finance. Coinbase Just Hit the Gas on USDC Adoption Across Solana’s Core Layers Crypto exchange Coinbase (Nasdaq: COIN) and onchain infrastructure provider Squads announced on Aug. 13 a strategic agreement aimed … Read more

Solana Leads Altcoin Rally as Crypto Market Cap Reaches Record High

On Aug. 13, the total market capitalization of the cryptocurrency ecosystem approached $4.2 trillion, reaching $4.189 trillion, a new all-time high. Solana Leads Top Altcoins as ETH Nears Lifetime High On Wednesday, the cryptocurrency ecosystem’s total market capitalization neared the $4.2 trillion mark after several high-cap altcoins recorded significant 24-hour gains. As shown by Coingecko … Read more

Solana’s Seeker Phone Introduces Mobile Staking Powered by SOL Strategies

Solana Mobile’s Seeker phone has begun shipping, featuring SOL Strategies as the exclusive validator operator, enabling in-phone staking for users. Solana’s Seeker Phone Embeds SOL Strategies’ Compliant Validator for Mobile Staking The Solana Mobile Seeker phone, a crypto-native smartphone designed for active blockchain users, officially launched on August 4, 2025, with over 150,000 pre-orders from … Read more

Bit Mining Executes Solana Plan: Buys Over 27,000 SOL, Runs Validator

Bit Mining has purchased 27,191 solana ( SOL) tokens and launched its first Solana network validator, marking a significant step in its strategic shift towards the ecosystem. New Validator Marks Bit Mining’s Deeper Solana Push The company told Bitcoin.com News that it spent approximately $4.89 million to acquire the solana ( SOL), establishing what it … Read more

Solana Mobile Launches Seeker Smartphone, Fulfilling 150,000 Pre-Orders

On August 4, 2025, Solana Mobile began shipping its highly anticipated Seeker smartphone, fulfilling over 150,000 pre-orders across more than 50 countries. Priced between $450 and $500, the Seeker is designed to enhance the mobile experience for crypto users, featuring a built-in crypto wallet, a decentralized application (dApp) store, and advanced security through its TEEPIN … Read more

Phantom Acquires Solana Trading Platform Solsniper to Expand Services

Cryptocurrency wallet provider Phantom has acquired Solsniper, a high-speed trading and analytics platform specializing in the Solana blockchain. Phantom to Integrate Solsniper Team Following Strategic Acquisition Solsniper, founded in 2021, is recognized for its precision tools enabling traders to monitor tokens, track wallet activity, and react instantly to market movements. According to Phantom, the platform … Read more

Phoenix Group Formalizes $150M Crypto Treasury in Q2 2025 Results

Abu Dhabi-headquartered bitcoin miner Phoenix Group, listed on the ADX, reported strong financial and operational results for Q2 2025, highlighting the formalization of a digital asset treasury valued at over $150 million, making it the first ADX-listed company to do so. The treasury primarily consists of 514 BTC and over 630,000 SOL. The company generated … Read more

Nasdaq-Listed Upexi Establishes $500M Equity Facility to Increase Solana Holdings

Upexi, Inc. (UPXI) has lined up a $500 million equity line deal to bankroll its business operations and boost its stash of Solana. But while the company gears up for crypto accumulation, UPXI shares have nosedived more than 17% over the past week. Zero-Fee $500M Equity Line Fuels Upexi’s Solana Treasury Plan The consumer products … Read more

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