DeFi Development Corp expands Solana treasury to 2.39 million SOL, sets up $300 million CHAD ATM

Crypto Insight Summary: The Solana treasury company established a $300 million at-the-market offering for its CHAD perpetual preferred stock. Crypto Insight Analysis: Direction: Bullish SOL Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Large SOL treasury expansion and new funding vehicle could boost investor confidence.