SOL Strategies Secures Nasdaq Listing as DeFi Development Corp Tops 2M SOL Treasury

Solana’s institutional moment has ￰0￱ Strategies has secured approval to list on the Nasdaq Global Select Market, making it the first Solana-focused treasury company to achieve this ￰1￱ the same time, DeFi Development ￰2￱ a major benchmark with over 2 million SOL in its treasury, tightening its grip as the leading public vehicle for long-term Solana accumulation. Together, these two moves signal a new phase for Solana, one where institutions no longer stand at the sidelines but anchor themselves directly into its ecosystem. 1/ Major Milestone Alert! SOL Strategies approved for @NasdaqExchange Global Select Market listing under the ticker “STKE” and trading will commence on Tuesday, September 9, 2025!

As CEO Leah Wald noted: "This represents more than just an achievement for SOL Strategies, it's… ￰3￱ — SOL Strategies (@solstrategies_) September 5, 2025 SOL Strategies Lands Nasdaq Approval SOL Strategies, a company built around managing and scaling Solana staking operations, received the green light from Nasdaq to trade under the ticker ￰4￱ will commence on Tuesday, September 9, ￰5￱ listing is a leap forward not only for the company but also for the broader Solana ￰6￱ Leah Wald put it plainly: “This represents more than just an achievement for SOL Strategies, it’s validation for the entire Solana ecosystem.” Validation is the key word here.

A Nasdaq listing is not just about prestige. It’s about ￰7￱ a seat at the world’s most liquid equity market, SOL Strategies can unlock institutional partnerships that were previously out of ￰8￱ pension funds to asset managers, doors are now ￰9￱ Nasdaq nod means three things for SOL Strategies: ￰10￱ Validator Growth – With institutional backing, SOL Strategies can expand its validator operations faster, directly contributing to Solana’s network security and ￰11￱ Operations – Demand for Solana staking has surged as SOL rallies in ￰12￱ scaling infrastructure, SOL Strategies positions itself as the go-to bridge for institutions looking to stake ￰13￱ Bridge to Solana – Traditional finance has been circling crypto for ￰14￱ STKE on Nasdaq, they now have a regulated, accessible entry point into the Solana ￰15￱ positioning puts SOL Strategies in the driver’s seat as Solana transitions from being a retail-heavy chain to one increasingly supported by institutional ￰16￱ Transition in Trading Currently, shares trade on the Canadian Securities Exchange (CSE) under the ticker ￰17￱ with the Nasdaq listing live, shares will no longer trade on the OTCQB under ￰18￱ existing OTC shareholders, there’s no paperwork, no extra ￰19￱ will automatically convert to Nasdaq-listed stock under ￰20￱ clean migration lowers friction and ensures liquidity moves where the action is, on ￰21￱ Development ￰22￱ 2 Million $SOL in Treasury! @DeFiDevCorp $DFDV , the first public company with a Solana-focused treasury strategy, has officially surpassed 2 million SOL in ￰23￱ Update: • New Acquisition: 196,141 SOL at ￰24￱ of $202.76 • Total… ￰25￱ — Crypto Miners (@CryptoMiners_Co) September 6, 2025 DeFi Development Corp Crosses 2M SOL While SOL Strategies was securing a place on Nasdaq, another major Solana-focused player made ￰26￱ Development Corp.

($DFDV) surpassed the 2 million SOL mark in its ￰27￱ company announced its latest acquisition: 196,141 SOL purchased at an average price of $202.76 Total Holdings: 2,027,817 SOL (~$410M) Per Share Metrics: 0.0793 SOL per share (~$16.06/share) Shares Outstanding: ~25.573M At press time, SOL trades at $202.47, according to ￰28￱ means DeFi Development Corp’s treasury is not just a passive holding, it’s a strategically growing bet aligned with Solana’s price strength. A Public Market Vehicle for SOL DeFi Development ￰29￱ the first public company to adopt a Solana-focused treasury ￰30￱ passing the 2M SOL mark, it cements its status as the largest public market vehicle for long-term Solana ￰31￱ newly acquired tokens are being staked ￰32￱ serves a dual purpose: ￰33￱ Security – The staked SOL helps decentralize and secure the Solana ￰34￱ Yield – Staking returns flow back into the treasury, compounding the company’s SOL position over ￰35￱ investors, DFDV offers a liquid equity proxy to Solana ￰36￱ buying SOL directly, investors gain regulated access through equity markets, a major advantage for institutions barred from direct token ￰37￱ Bigger Picture: Institutions Enter Solana The timing of these two developments is not ￰38￱ has been building momentum all ￰39￱ DeFi activity climbing, network outages largely solved, and ecosystem liquidity deepening, institutions are now stepping in with ￰40￱ Strategies’ Nasdaq listing provides credibility and ￰41￱ Development Corp.’s treasury expansion demonstrates long-term conviction and balance sheet-level commitment.

Together, they reinforce Solana’s narrative as not just a fast blockchain, but a financial system ready for institutional ￰42￱ Market Impact For SOL itself, institutional signals ￰43￱ headline listing or treasury acquisition adds credibility and ￰44￱ inflows reduce circulating ￰45￱ growth locks up tokens ￰46￱ of today, Solana’s market capitalization sits at $92.1B, with 454.7M tokens in ￰47￱ DeFi Development ￰48￱ accumulating and SOL Strategies scales its validator footprint, both moves could reinforce price momentum by tightening supply and amplifying demand from new ￰49￱ Strategies entering Nasdaq and DeFi Development ￰50￱ 2M SOL in treasury are not isolated ￰51￱ are twin milestones in Solana’s institutional ￰52￱ investors, these moves provide two different but complementary entry points: STKE on Nasdaq – a validator-driven growth ￰53￱ equity – a treasury accumulation ￰54￱ confirm the same truth: Solana is no longer just a playground for developers and retail traders.

It’s a blockchain ecosystem maturing into institutional-grade ￰55￱ Leah Wald said, it’s ￰56￱ Solana, it’s also acceleration. Disclosure: This is not trading or investment ￰57￱ do your research before buying any cryptocurrency or investing in any ￰58￱ us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !