Catenaa, Tuesday, January 27, 2026- Solana-focused treasury and infrastructure firm SOL Strategies has introduced STKESOL said it was expanding the firm’s presence across the Solana network.
STKESOL is a liquid staking token backed by more than 500,000 SOL at launch.
The product allows users to stake SOL for rewards while maintaining liquidity for use in decentralized finance applications.
STKESOL will be available on major Solana DeFi platforms, including Orca, Squads, Kamino, and Loopscale, with plans to extend distribution further.
The token complements SOL Strategies’ validator operations and strategic SOL holdings, offering a new revenue-generating avenue for the publicly listed firm.
The platform uses an automated delegation strategy, distributing user deposits across dozens of validators based on performance, reliability, and network health metrics from Stakewiz.com.
This multi-validator approach reduces concentration risk and supports network decentralization. SOL Strategies earns revenue through deposit fees and a percentage of staking rewards generated by the pool.
Michael Hubbard, interim CEO of SOL Strategies, said STKESOL showcases the company’s ability to create technology that benefits users and the broader Solana network while generating revenue.
The firm, formerly Cypherpunk Holdings, began accumulating SOL in mid-2024 and rebranded in September, currently holding 523,497 SOL valued at roughly $67 million.
Other Solana treasury holders include Forward Industries with 6.91 million SOL, Solana Company with 2.3 million SOL, DeFi Development Corp. with 2.2 million SOL, and Upexi with 2.02 million SOL, according to The Block’s Solana treasuries data.
