DeFi Development Corp. increased its Solana treasury to 2,600,948 SOL and SOL equivalents as of October 30, adding 5,336 tokens since the previous week. The total value of tokenized assets on Solana surpassed $5 billion for the first time, reaching approximately $5.1 billion according to RWA.xyz. SOL traded near $93 at the time, following a decline of nearly 8% over the previous week. The company also raised the annual dividend rate on its CHAD preferred shares from 13% to 14%, or $1.40 per share. It plans to continue buying SOL and expanding staking operations, with validator rewards helping support its dividend obligations.
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