Solana (SOL) is once again at the center of attention in the crypto world as its SOL Strategies business receives Nasdaq Global Select Market listing approval. Shares, trading under the “STKE” ticker, will begin Nasdaq trading on Tuesday, September 9, 2025.
At the time of writing, Solana (SOL) is trading at $ 203.53, with a 24-hour trading volume of $ 16.24 billion and a market cap of $ 110.14 billion. SOL price decreased by 0.33% in the last 24 hours. The latest developments portray increased institutional attention toward the SOL ecosystem.
SOL Strategies CEO Leah Wald described the Nasdaq listing as historic not only for the company, but for the SOL ecosystem overall. She said the achievement goes beyond company success, describing it as a major seal of approval for Solana’s growing leadership in the blockchain industry.
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— SOL Strategies (@solstrategies_) September 5, 2025Major 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… pic.twitter.com/tEJ6uBQahR
The transaction will establish new institutional connections, extend business to capitalize on growing staking demand, and facilitate SOL Strategies to serve as a central bridge for incoming institutional investors to the SOL network.
SOL Strategies will remain listed on the Canadian Securities Exchange under the trading symbol HODL. The OTCQB shares listed under the symbol CYFRF will transfer automatically upon the opening of trading on Nasdaq. Existing shareholders do not need to take any action.
Also Read | Solana Price Analysis: Could Smash $212 Barrier Soon?
Technical analysts also point to positive technical signals for SOL. Crypto analyst DreamBoat emphasized that SOL recently tested support between $202 and $204, reversed to support after reaching $206.5, and is now targeting $208. The sharp turnaround, driven by healthy institutional buying, indicates a positive direction for SOL in the near term.
With Nasdaq trading on the horizon, SOL Strategies will expand its scope, increase collaboration, and drive expansion across the SOL ecosystem. Investors and enthusiasts from across the globe are watching developments unfold, previewing the next chapter for SOL in the institutional crypto world.
Also Read | Solana (SOL) Eyes $230 as Network Sees Growing Real-World Adoption
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