Solana News Today: Organizations Bet: Solana Ecosystem Gets Nasdaq Support
Source: CoinWorld
Time: 2025-09-07 23:26:43
SOL Strategies Inc., a Canadian company focused on the Solana ecosystem, has been approved to list on the Nasdaq Global Select Market starting September 9, 2025 under the stock code "STKE". The move aims to enhance liquidity and attract institutional investors, in line with the company’s goal of expanding access to Solana’s infrastructure. CEO Leah Wald stressed the strategic importance of the listing to institutional capital and validator expansion. The company holds 370,420 SOL tokens worth $75 million, a significant increase from its $62 million cost base. After the announcement, SOL's price soared to $210, a 24-hour increase of 1.2%.