SOL Strategies Restructures Balance Sheet, Solana Tokenized Stock Market Surpasses $1 Billion

SOL Strategies Inc. announced in December 2025 that it had restructured its credit facility with Tony Guoga, its largest shareholder, to simplify its balance sheet and reduce liabilities. This move came alongside the launch of an at-the-market equity offering program with Cantor Fitzgerald and Roth Capital for up to $50 million. The restructuring is seen as a sign of Guoga's confidence in the company's role in the Solana infrastructure business.

The company also highlighted its validator operations and open-source tooling for Solana validator operators during the month. As of January 6, 2026, the company reported 523,134 SOL in holdings and 3,354,203 SOL in assets under delegation, with a validator uptime of 99.999%.

Solana's tokenized stock market has grown to over $1 billion in AUM, with xStocks dominating the segment at 57%. This growth has been fueled by 24/7 trading capabilities and partnerships with firms like Ondo and Backed.

What Is Driving Solana's Tokenized Stock Growth?

The rise in Solana's tokenized stock market is attributed to strategic partnerships and the introduction of 24/7 trading platforms. Firms like Ondo and Backed have enabled the tokenization of real-world equities, contributing to the segment's rapid adoption.

The segment has seen significant inflows, with $134.6 million in weekly net inflows recorded in the week ending January 4. Daily active addresses on the Solana network have also increased from 1.8 million to over 2.6 million in a week.

What Are the Implications for the Solana Ecosystem?

The growth of Solana's tokenized stock market signals increasing confidence in the network. The rise in network activity and positive net inflows suggest a potential return of institutional interest.

On-chain data also indicates increased whale activity and a bullish bias from traders. The stablecoin supply on Solana is recovering, suggesting heightened network usage and user attraction.

How Is SOL Strategies Positioning Itself in the Solana Ecosystem?

SOL Strategies has been actively engaging in the Solana ecosystem through events like Solana Breakpoint and co-hosting Block Zero, a validator-focused summit. The company has also emphasized its role in supporting the technical and operational growth of the Solana network.

As of January 6, 2026, the company reported 26,908 unique wallets served, with a peak APY of 6.63% compared to the network average of 6.28%. The company's validator uptime of 99.999% highlights its operational efficiency and reliability.

The restructuring of its credit facility and the launch of the equity offering program are part of the company's strategy to support treasury growth, M&A, or working capital needs. These actions are seen as positive indicators of institutional awareness of the company's role in the Solana ecosystem.

Solana's growing market position, particularly in tokenized stocks and stablecoins, is likely to benefit companies like SOL Strategies that provide infrastructure and validator services. The company's focus on open-source tooling and validator operations positions it well to capitalize on the network's expanding use cases.