Northwire Canada EditionMonday, July 20, 2026
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Production / Operations

SOL Strategies January 2026 Monthly Business Update

By The Northwire Desk — AI Analysis Feb 05, 2026 · 08:31 HODL · 1.9 Sol Strategies Inc.
HODL · Price

Executive Summary

  • SOL Strategies launched its STKESOL liquid‑staking platform on Jan 20, 2026, attracting >680,000 SOL in inflows and integrating with major Solana DeFi protocols.
  • Validator network grew to 31,000+ unique delegating wallets and 4 M SOL assets under delegation (AuD), a 105% increase in wallet adoption since Sep 2025.
  • Treasury now holds 530,251 SOL (~CAD $71.7 M) across native SOL, jitoSOL, and STKESOL, with total SOL staked in the new platform at 683,062 SOL.

Key Details

  • Validator Network Milestones (as of Feb 2, 2026)
  • Unique delegating wallets: 31,000+ (105% growth YoY).
  • Assets under delegation: 4 M SOL.

  • Validator uptime: 99.99% across proprietary validators.

  • STKESOL Liquid‑Staking Platform Launch

  • Launch date: Jan 20, 2026.
  • Inflows in first two weeks: >680,000 SOL.
  • Delegated to 50+ validators.
  • Integrated DeFi partners: Kamino, Squads, Jupiter, Orca.

  • Platform uses audited SPL Stake Pool program with automated delegation based on performance metrics.

  • Treasury Holdings (as of Feb 3, 2026)

  • Total Treasury SOL (incl. liquid‑staked): 530,251 SOL (~CAD $71,716,447).

    • SOL: 402,004 SOL.
    • jitoSOL: 37,043 JitoSOL (≈46,474 SOL).
    • STKESOL: 81,149 STKESOL (≈81,640 SOL).

  • STKESOL Platform Metrics

  • Total SOL staked in STKESOL: 683,062 SOL.

  • Unique STKESOL holders: 675.

  • Validator Operations (as of Feb 3, 2026)

  • AuD (including treasury stake & third‑party delegation): 4,037,605 SOL.
  • Unique wallets served: 32,543.
  • Peak APY delivered: 6.47% (Orangefin) vs. network average 6.09%.

  • SOL earned in Jan 2026 from proprietary validators: ~1,096 SOL (net of voting costs).

  • Management Commentary – Michael Hubbard, Interim CEO: “January delivered meaningful progress… market validation of our infrastructure and staking services.”

  • Upcoming Investor Events

  • Roth Conference: Mar 22‑24, 2026, Laguna Beach, CA.
  • Annual General & Special Shareholder Meeting: Mar 31, 2026 (details to be provided in Management Information Circular).

Notable Quotes

“January delivered meaningful progress across our validator network and technology platform… we’re building technology that generates multiple revenue streams while contributing to the Solana network’s decentralization.” – Michael Hubbard, Interim CEO.

Read the original news release →

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