SOL Methods Tops $1B Delegated SOL as 7,000 Wallets Again its Upcoming Nasdaq Uplisting

SOL Methods, previously often called Cypherpunk Holdings, has crossed a significant milestone in its validator operations, reporting greater than CAD $1 billion in Solana delegated to its community.

The announcement comes as the corporate prepares for an anticipated uplisting to Nasdaq, marking one of many largest steps but in its bid to cement its position as a number one public participant within the Solana ecosystem.

Over 7,000 Wallets Stake With SOL Methods Amid Report Delegations

The corporate disclosed {that a} complete of three,617,211 SOL is now delegated to its validators, a determine that features each its internally held Solana treasury and third-party delegations. SOL Methods presently owns a treasury of 399,907 SOL, valued at roughly CAD $110 million, representing about 11% of the general stake.

The remaining share consists of third-party delegations from throughout the Solana ecosystem. In complete, greater than 7,000 distinctive wallets are staking via SOL Methods’ validators, an all-time excessive for the agency.

“Crossing CAD 1 billion in delegated SOL displays the continued progress of our validator operations,” stated Leah Wald, chief government officer of SOL Methods. “The mixture of our personal treasury stake and third-party delegations underscores the size we now have reached and the growing participation within the Solana ecosystem.”

The milestone is underpinned by SOL Methods’ twin give attention to sustaining its personal substantial Solana treasury whereas operating revenue-generating validator operations. Its validators are SOC 2 Kind 1, SOC 1 Kind 1, and ISO 27001 licensed, giving the corporate a compliance and safety framework that it says helps entice each retail and institutional delegators.

By combining these validator operations with its holdings, the agency has positioned itself as one of many few publicly traded entities offering direct shareholder publicity to Solana’s community progress and staking revenues.

The progress additionally builds on a string of company updates over the summer time. In July, the corporate’s board permitted a 1-for-8 share consolidation, a transfer designed to align its inventory value with Nasdaq’s itemizing necessities.

Whereas the itemizing stays topic to regulatory approval, administration has framed the step as a key a part of its technique to extend entry to U.S. capital markets and broaden its investor base.

Simply days later, SOL Methods introduced that ARK Make investments’s Digital Asset Revolutions Fund had chosen the corporate as its staking supplier, a partnership that marked certainly one of its most high-profile institutional relationships so far.

The corporate additionally reported that validator revenues in July rose by 15.4% in SOL phrases in comparison with June, citing increased community exercise and operational enhancements. Gross margins from validator operations had been reported at roughly 90%, based on inner efficiency metrics.

Infrastructure improvement has been one other focus. SOL Methods rolled out open-source validator failover know-how to be used by the broader Solana neighborhood whereas sustaining its personal efficiency requirements.

Its validators reported 100% uptime on Laine for greater than 500 days, with some delivering annualized yields as excessive as 7.7%, barely above the community common.

The corporate’s Q3 2025 earnings report, scheduled for launch this week, will shed additional mild on how these operational positive factors translate into shareholder returns.

Upfront of the earnings name, Wald emphasised that SOL Methods is just not merely holding SOL however actively constructing the infrastructure that powers the community.

“We’re producing enhanced yields for shareholders whereas supporting the expansion of the Solana ecosystem,” Wald stated.

SOL Methods is Totally different from different SOL Treasuries, Says CEO Leah Wald

Talking to CryptoNews, Leah stated the agency’s strategy distinguishes it from different establishments racing to construct giant Solana treasuries.

“Crossing CAD 1 billion in delegated SOL underscores the deep belief we’ve earned throughout each institutional and retail communities,” Wald famous. She defined that by compounding holdings via validator commissions, the corporate is “not simply producing yield however constructing a sustainable income engine.”

Wald added that with SEC approval of its Type 40-F and a accomplished inventory consolidation, SOL Methods is making ready for a possible Nasdaq uplisting that will broaden investor entry and strengthen its position as a bridge between conventional finance and Solana.

Her remarks come as competitors amongst institutional Solana holders accelerates. Upexi, a provide chain agency turned crypto participant, stays the biggest company holder, with greater than 2 million SOL price roughly $391 million. Upexi has boosted returns via staking yields and discounted locked tokens, signaling confidence in Solana’s long-term progress.

DeFi Improvement Company follows with 1.27 million SOL valued at $248 million, after elevating $122.5 million in debt financing led by Cantor Fitzgerald in July. The agency has added almost 292,000 SOL prior to now month, making it some of the aggressive consumers on report.

Pantera Capital can also be weighing a significant entry, with plans to lift as much as $1.25 billion to remodel a Nasdaq-listed entity right into a devoted “Solana Co.” car, probably one of many largest treasury performs but in digital property.

By comparability, SOL Methods holds about 370,000 SOL ($72 million). Although smaller in uncooked numbers, its validator-driven mannequin affords an operational income layer that treasury-focused gamers lack.

In response to CoinGecko, the 5 largest institutional holders, Upexi, DeFi Dev, SOL Methods, Torrent Capital, and Exodus Motion, now management over 3.7 million SOL ($726 million), with Upexi and DeFi Dev accounting for greater than 87% of that complete.

Towards this backdrop, Wald insists SOL Methods’ validator-driven mannequin makes it distinctive.

Fairly than relying solely on value appreciation, the corporate is constructing recurring yield from Solana’s core infrastructure, a technique she believes will set it aside because the competitors for Solana dominance intensifies.

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