In a landmark growth for the Solana (SOL) ecosystem, SOL Methods has acquired approval for its itemizing on the Nasdaq, marking a major 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 Trade (CSE) underneath the image “HODL.” Notably, shares presently buying and selling on the OTCQB Enterprise Market underneath the image “CYFRF” will routinely 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 america Securities and Trade Fee (SEC).
Leah Wald, CEO of SOL Methods, expressed enthusiasm in regards to the Nasdaq itemizing, stating that it aligns the corporate with a few of the most progressive expertise companies globally.
She emphasised that this approval not solely enhances liquidity for shareholders but additionally 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 reveal 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 means of regulated and clear markets
SOL Value 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 function as a gateway for institutional funding in Solana’s ecosystem.
In accordance 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 worth, 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