Shares of Sol Strategies Inc., a Canadian company focused on infrastructure and operations within the Solana ecosystem, rose more than 20% on March 4th.
The market reaction is that the company, which maintains Solana (SOL)-based financials, plans to publish company updates for February 2026.
The company reported progress on its validator network, increase in assets entrusted, and expansion of its Liquid Staking platform.
As explained in Criptopedia, the educational section of CriptoNoticias, in Solana, validators are nodes that validate transactions and participate in network consensus in exchange for rewards distributed to those who delegate their participation.
According to the monthly report released by the company, Validator network reaches 33,568 unique wallets and delegates to participateIt has surpassed the milestone of 31,000 cases reported in early February.
This growth is due to the expansion of various distribution channels, including mobile integration, partnerships with wallet providers, and the STKESOL Liquid Staking Platform.
The company said that STKESOL, which was released in January, The number of representative participants exceeded 691,039 SOL (approximately $64 million), and the number of unique holders exceeded 1,000.
Note that liquid staking allows you to: Users participate in network validation while maintaining liquidity through tokenized positions.
Sol Strategies reported that it maintains assets of SOL 3.87 million ($359 million) in trust. This figure includes the participation of the Ministry of Finance and third party delegations.
During the month of February, validators operated by the company generated approximately 1,276 SOL in rewards, with an infrastructure uptime of 99.99%.
The company’s CEO, Michael Hubbard, said the company operates with multiple revenue streams tied to its network staking infrastructure. “We have four revenue streams operating simultaneously: Treasury staking, third party staking, liquid staking and institutional staking services,” he said.
According to the financial report corresponding to the quarter ended December 31, 2025: Sol Strategies reported staking and verification revenue of C$2.1 million (US$1.55 million), an increase of nearly 69% year over year..
During this period, verification and staking rewards reached 9,787 SOL, an increase of 120% year-over-year as measured by digital currencies.
Finally, I would like to clarify that The company holds 523,497 SOL in its treasury, which is approximately 0.084% of the total supply of cryptocurrencies.ranks 9th among listed companies with the largest SOL holdings.
As seen in the image above, other public companies with higher exposure include Forward Industries, Solana Company, or DeFi Development Corp., which all have larger stakes.
