### SOL Strategies Makes Bold Move Toward Nasdaq Listing 🚀
Toronto-listed SOL Strategies has filed with the SEC to list on Nasdaq under ticker STKE, potentially gaining access to the world's second-largest stock exchange. This strategic move comes as the company continues to increase its Solana investments, having acquired 122,524 SOL ($18.25M) in May.
Analysts at Cantor Fitzgerald suggest companies investing in Solana may benefit as the coin sees growing adoption in the financial industry. SOL Strategies' shares closed 4% higher at CA$2.38 following this news.
Looking at recent SOL price action, the token has been trading in a range between $143-$147 over the past day, with moderate volatility. After dipping to around $143, SOL has recovered slightly to $145.56.
This Nasdaq filing represents a significant step for SOL Strategies and potentially signals growing institutional confidence in Solana's ecosystem. As always, keep an eye on BingX for the latest updates on SOL and other crypto assets
The information above is searched and summarized by AI, and does not constitute investment advice.$SOL