SOL Strategies Launches STKESOL: Liquid Staking Platform

Over 500,000 SOL staked at launch with integrations to prominent DeFi platforms while expanding Company’s Solana infrastructure layer

TORONTO, January 20, 2026 – SOL Strategies Inc. (CSE: HODL) (NASDAQ: STKE) (“SOL Strategies” or the “Company”), one of the first publicly traded companies dedicated to growing and building the Solana Economy, today announced the launch of STKESOL, a liquid staking token (“LST”) that enables holders of Solana tokens (“SOL”) to stake their SOL holdings in order to earn staking rewards, and receive in exchange a token that is liquid for use across decentralized finance (“DeFi”) applications.

The launch of STKESOL represents SOL Strategies’ continued evolution within the Solana ecosystem, and the Company believes that STKESOL creates new revenue streams that complement the Company’s existing infrastructure operations, which include validator operations and strategic SOL holdings. 

At launch, STKESOL will be available on some of Solana’s largest DeFi platforms, including Orca, Squads, Kamino and Loopscale with the Company actively looking to expand the distribution further.

STKESOL is issued automatically by the SPL Stake Pool Program, a smart contract software program on the Solana blockchain,  in exchange for deposited SOL. Deposited SOL will be staked to one or more validators, as determined by the Company’s automated delegation strategy. The SPL Stake Pool Program  has been repeatedly audited, and continues to be audited whenever a material change is made, to ensure security and interoperability with all existing DeFi platforms. STKESOL can then be freely traded, sent, or transferred and its value relative to SOL is expected to steadily grow as the staked SOL in the underlying stake pool accrues staking rewards. 

“STKESOL demonstrates our ability to build innovative technology that creates value for users and the entire Solana network while generating revenue for our business,” said Michael Hubbard, Interim CEO of SOL Strategies. “This product leverages our core strengths and expertise in the Solana staking ecosystem to support dozens of Solana validators  while offering a new liquid staking option to customers in the rapidly growing liquid staking market.”

“By utilising the tried and tested validator ranking methodology from our validator analytics website, Stakewiz, we are able to support the network while our established compliance platform offers customers comfort that our systems and infrastructure will operate reliably and performantly.”

By using an automated delegation strategy, STKESOL takes the SOL  in its program and stakes them to dozens of validators, deciding which ones to stake to based on the Wiz Score on the Company’s website stakewiz.com. This score in turn captures over a dozen metrics focused on performance, reliability, network health and decentralization.

Unlike single-validator liquid staking solutions or native staking, STKESOL distributes stake across dozens of validators using SOL Strategies’ established performance methodology. This approach reduces concentration risk while supporting network decentralization and validator sustainability throughout the Solana ecosystem. The platform earns fees through a transparent structure that includes deposit fees and a percentage of staking rewards generated by the pool. These revenue streams provide diversified income sources that complement SOL Strategies’ existing validator operations and treasury holdings.

The Company believes the liquid staking market has emerged as a critical and rapidly expanding segment within proof-of-stake blockchain networks, enabling capital efficiency while maintaining network security. As institutional adoption of Solana continues to accelerate, the Company expects that demand for professional-grade liquid staking solutions will grow. STKESOL’s multi-validator approach and enterprise-grade infrastructure is designed to position SOL Strategies to capture market share while contributing to the broader Solana ecosystem’s growth and decentralization.

STKESOL’s multi-validator distribution model also enables smaller validators throughout the Solana ecosystem to receive delegated stake and participate in network security. This approach strengthens SOL Strategies’ position as a key infrastructure provider while supporting broader network decentralization. The platform is accessible through a dedicated interface at app.solstrategies.io, creating a streamlined experience for users seeking professional-grade liquid staking services.

About SOL Strategies

SOL Strategies Inc. (CSE: HODL) (NASDAQ: STKE) is a Canadian investment company that operates at the forefront of blockchain innovation. Specializing in the Solana ecosystem, the company provides strategic investments and infrastructure solutions to enable the next generation of decentralized applications.

To learn more about SOL Strategies, please visit www.solstrategies.io. A copy of this news release and all the Company’s related material documents regarding the Company may be obtained under the Company’s profile on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov.

Investor Contact:

Doug Harris, Chief Financial Officer, 416-480-2488

John Ragozzino, CFA, [email protected], 203-682-8284

Media Contact: [email protected] 

Cautionary Note Regarding Forward-Looking Information:

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements other than statements of historical fact may be forward‐looking statements and information. More particularly and without limitation, this news release contains forward‐looking statements and information relating to the Company’s or the Company’s management team’s expectations, hopes, beliefs, intentions or strategies regarding the future, and expectations regarding the characteristics, value drivers, and anticipated benefits of the Company’s business plans and operations related thereto. Forward-looking information can also be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or indicates that certain actions, events or results “may”, “could”, “would”, “might” or “will be” taken, “occur” or “be achieved”.

Forward-looking statements in this news release include statements regarding STKESOL’s anticipated benefits, revenue generation, market positioning, and the Company’s technology platform evolution. There is no assurance that the Company’s plans or objectives will be implemented as set out herein, or at all. Forward-looking information is based on certain factors and assumptions the Company believes to be reasonable at the time such statements are made and is subject to known and unknown risks, uncertainties, and other factors that may cause the actual results, level of activity, performance, or achievements of the Company to be materially different from those expressed or implied by such forward-looking information.

The purpose of forward-looking information is to provide the reader with a description of management’s expectations, and such forward-looking information may not be appropriate for any other purpose. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking statements are made based on management’s beliefs, estimates, and opinions on the date that statements are made, and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates, and opinions or other circumstances should change, except as required by law. Investors are cautioned against attributing undue certainty to forward-looking statements.

Disclaimer:

SOL Strategies is an independent organization in the Solana ecosystem. SOL Strategies is not affiliated with, owned by, or under common control with Solana Foundation (the “Foundation”), and the Foundation has not entered into any association, partnership, joint venture, employee, or agency relationship with SOL Strategies.

None of the Foundation or its council members, officers, agents or make any representations or warranties, recommendations, endorsements or promises with respect to the accuracy of any statements made, information provided, or action taken by SOL Strategies and expressly disclaim any and all liability arising from or related to any such statements, information or action.