SOL Strategies has been approved for listing on Nasdaq, with the stock code STK: SOL reaching a capital high ground.

SOL Strategies will list on Nasdaq on September 9, US time. The company's strategy is not just to stockpile SOL digital assets, but also to focus on the development technology of the Solana on-chain ecosystem. (Background: Sol Strategies applied for a Nasdaq listing under the code STKE: accelerating Solana's layout and staking scale) (Background information: SOL Strategies CEO: We are not the Solana version of MicroStrategy, we are building the future with technology) From OTC to Nasdaq, the Canadian blockchain company SOL Strategies will be listed on the Nasdaq Global Select Market on September 9, with the stock code STKE. The company previously traded on OTCQB and is now moving to the mainstream market. CEO Leah Wald said: Higher liquidity will also allow us to access deeper capital markets. After the announcement, SOL Strategies' stock (code HODL) on the Canadian stock exchange jumped about 20%. Financial reports show that SOL Strategies had a net loss of about $3.5 million in the second quarter, while third-quarter revenue in SOL terms increased by 15.4% month-on-month, with a gross margin close to 90%, indicating that staking and infrastructure services are generating stable cash flow. Solana technology upgrades and institutionalization steps The company's ability to attract mainstream capital is primarily due to the performance leap of the Solana blockchain. The recently passed Alpenglow upgrade compresses the final confirmation time of transactions from about 12 seconds to 100–150 milliseconds using Votor and Rotor components, with TPS expected to exceed 107,000. The Solana Foundation describes this as bringing Web2-level instant experience to public chains. High efficiency combined with an approximate 6.6% staking yield has led institutional investors to significantly increase their investments. DeFi Development Corp. holds 2 million SOL, valued at over $400 million; the on-chain TVL has also climbed to $8.6 billion. Market quotes show that SOL has stabilized at around $200 for some time, reflecting investors' confidence in ecological development. Following the Bitcoin ETF, the arrival of STKE seems to add another "diverse gift" to digital assets. SOL Strategies' debut on Nasdaq also symbolizes the formal connection between high-performance public chains and mainstream financial infrastructure. Related reports Mega Matrix plans to establish a $2 billion "stablecoin governance token" treasury, having previously invested in the synthetic dollar protocol Ethena CleanCore's gamble on shitcoin to build a "DOGE treasury" but the stock price has plummeted: a cautionary tale of meme coin transformation speculation. <SOL Strategies approved for Nasdaq listing, stock code STK: SOL holds above capital heights> This article was first published in BlockTempo, the most influential blockchain news media.