SOL Strategies surged 10.70% in after-hours trading following the announcement that it will provide staking services for VanEck’s Solana ETF. The partnership aims to enhance the fund’s yield generation and asset efficiency by allowing the ETF to stake its SOL holdings, creating additional returns for investors while boosting Solana ecosystem liquidity. This strategic collaboration positions SOL Strategies as a key enabler of institutional-grade staking solutions, likely attracting investor interest in its services and the broader Solana market. The move aligns with growing demand for passive income strategies in crypto assets, reinforcing confidence in the company’s role within the Solana network.
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