In a landmark improvement for the Solana (SOL) ecosystem, SOL Methods has obtained approval for its itemizing on the Nasdaq, marking a big milestone as the primary treasury firm related to SOL to realize this standing. The corporate is about to start buying and selling underneath the ticker image “STKE” on September 9, 2025.
SOL Methods Set To Make Nasdaq Debut
Upon its Nasdaq debut, SOL Methods will proceed to keep up its presence on the Canadian Securities Change (CSE) underneath the image “HODL.” Notably, shares at present buying and selling on the OTCQB Enterprise Market underneath the image “CYFRF” will mechanically convert to the Nasdaq itemizing.
The itemizing is contingent upon assembly all regulatory necessities, together with the approval of the Firm’s Kind 40-F Registration Assertion by the USA Securities and Change Fee (SEC).
Leah Wald, CEO of SOL Methods, expressed enthusiasm in regards to the Nasdaq itemizing, stating that it aligns the corporate with among the most progressive know-how companies globally.
She emphasised that this approval not solely enhances liquidity for shareholders but in addition positions SOL Methods to draw institutional buyers who acknowledge the potential of Solana’s infrastructure. Wald additional said:
As a number one Solana-focused firm to achieve this milestone, we’re proud to exhibit the institutional high quality and development potential that exists inside this high-performance blockchain ecosystem. Our itemizing opens new pathways for institutional capital to entry Solana infrastructure by regulated and clear markets
SOL Worth Surges
The Nasdaq itemizing is anticipated to speed up SOL Methods’ development in validator operations, pushed by elevated demand for Solana staking. Moreover, it’s anticipated to strengthen the corporate’s position as a gateway for institutional funding in Solana’s ecosystem.
In keeping with CoinGecko information, SOL Methods holds 0.68% of the cryptocurrency’s provide, equal to 370,420 SOL tokens. This was reportedly achieved at a complete value of simply over $62 million. This funding has resulted in a yield of $13 million for the corporate; at present costs, it’s now valued at $75 million.
The announcement sparked a brand new leg up for the SOL value, reaching as excessive as $210 on Friday. As of this writing, the altcoin has retraced again towards $205, which means a 1.2% surge within the 24-hour timeframe.
Featured picture from DALL-E, chart from TradingView.com
