24/7 Cryptocurrency News

Solana Treasury Company SOL Strategies Gets Approval To List On Nasdaq

SOL Strategies gets Nasdaq acceptance, increasing institutional access as Solana price remains steady above $204.
Published by
Solana Treasury Company SOL Strategies Gets Approval To List On Nasdaq

Highlights

  • SOL Strategies receives Nasdaq approval for listing.
  • This move will boost validator development and investment from institutions.
  • CEO Leah Wald celebrates Nasdaq debut, calling it Solana’s biggest stage milestone.

SOL Strategies Inc. has received approval to be listed on the Nasdaq Global Select Market. As a Solana-based treasury and infrastructure company, these will provide shareholders with greater liquidity and allow institutions to invest in the company.

Advertisement

Nasdaq Listing to Boost Validator Growth and Institutional Access for Solana

According to the official statement, the approval represents a major step for SOL Strategies, which invests in and builds infrastructure for the Solana blockchain. Trading will begin on September 9, 2025, under the ticker symbol STKE. This marks a milestone for both the firm and the wider Solana ecosystem.

The company will continue trading on the Canadian Securities Exchange under the symbol HODL. However, its shares will no longer be listed on the OTCQB Venture Market under CYFRF once Nasdaq trading begins. OTC holders do not need to act, as shares will convert automatically.

Chief Executive Officer Leah Wald said joining Nasdaq aligns the company with the world’s most innovative technology firms. She described the move as validation not just for SOL Strategies, but for the entire Solana ecosystem. Wald added that the listing strengthens the ability of the firm to scale validator operations and access institutional capital markets. This echoes broader network upgrades such as the recently approved Solana Alpenglow proposal to boost network speed.

In a social media statement, Wald commented on how it had taken the company more than one year to reach this milestone, citing over a year of hard work, perseverance, and dedication to the company vision. She pointed out that SOL Strategies is yet to enter the full swing in its expansion and the new listing could help in this regard.

The company expects the Nasdaq debut to accelerate validator partnerships and expand staking operations as demand for Solana rises. The listing remains subject to regulatory clearance from the U.S. Securities and Exchange Commission. This includes the effectiveness of its Form 40-F registration statement.

Advertisement

SOL Price Holds Above $204 following Nasdaq Listing Update

Solana price reflected positive sentiment from the Nasdaq listing announcement. SOL traded at $204.82, up 1.24% in the past 24 hours, according to TradingView. The token climbed from $202.32 and held firm after intraday swings.

Despite a weekly decline of 4.66%, Solana remains up 24.61% over the past month and 49.26% in six months. SOL has risen by 8.27% since the start of 2025, whereas the token has registered an increase of 53.01% over the past year.

Traders noted the Nasdaq approval for SOL Strategies will add confidence to the market outlook for the network. The listing gives big investors a safe way to invest in Solana’s infrastructure, along with holding the token.

Solana price closed above $204
Advertisement

Share
Paul

Paul Adedoyin is a crypto journalist with 4+ years experience who provides timely news, in-depth research, and insightful content to inform and empower his audience. His works have been featured on sites such as CryptoMode, CryptoNewsFlash among others. He holds a degree in Geophysics from OAU, Nigeria. When he's not writing, he loves watching soccer and reading educative journals. He can be reached via paul@coingape.com

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • 24/7 Cryptocurrency News

Expert Projects HYPE Token Upside as Bitwise Files for Hyperliquid ETF With SEC

An expert has projected a significant upside for the HYPE token, despite its recent dip…

September 26, 2025
  • 24/7 Cryptocurrency News

Expert Says Crypto ETFs Could Be ‘Death-Knell’ for Treasury Firms MSTR, MTPLF, BMNR, SBET

ETF expert Nate Geraci, also the President of Nova Dius Wealth, made a bold prediction…

September 26, 2025
  • 24/7 Cryptocurrency News

Trump-Linked WLFI Passes 100% Buyback & Burn Proposal, Analyst Eyes Bullish Surge

Trump-linked World Liberty Financial confirmed that its buyback and burn program has officially passed governance…

September 26, 2025
  • 24/7 Cryptocurrency News

Crypto Market Liquidations Top $1 Billion Again With Ethereum Leading, Buy The Dip Opportunity Ahead

Crypto market liquidations crossed $1 billion for the second time this week, with Ethereum (ETH)…

September 26, 2025
  • 24/7 Cryptocurrency News

Nasdaq-Listed AlphaTON Kicks Off Treasury Strategy, Buys $30M in Toncoin After $71M Raise

AlphaTON has made its first buy of $30 million of Toncoin for its new treasury…

September 26, 2025
  • 24/7 Cryptocurrency News

XPL Token Soars 52% as Plasma Mainnet Launch Ignites Trading Frenzy

Plasma's Tether backed mainnet launch sent XPL price up within a day. Its stablecoin DeFi…

September 26, 2025