SOL Strategies Launches STKESOL Liquid Staking Token

CryptoFrontNews
SOL-5,52%
ORCA-5,96%
KMNO1,07%
  • STKESOL lets SOL holders earn staking rewards while using a liquid token across Solana DeFi platforms.

  • Deposited SOL is auto-delegated across multiple validators using audited stake pool software.

  • SOL Strategies plans to stake over 500,000 SOL, supporting decentralization and validator revenue.

SOL Strategies announced the launch of STKESOL, a liquid staking token for the Solana blockchain. The product allows SOL holders to stake tokens, earn rewards and retain liquidity for DeFi use. The launch took place through the Solana network, led by SOL Strategies and supported by its validator infrastructure.

STKESOL Launch and Platform Availability

STKESOL enables users to deposit SOL and receive a liquid token usable across decentralized finance applications. According to SOL Strategies, the token becomes available at launch on Orca, Squads, Kamino, and Loopscale.

The company said it plans to expand distribution to additional Solana-based platforms over time. The SPL Stake Pool Program issues STKESOL automatically when users deposit SOL.

The deposited SOL is then staked across multiple validators using an automated delegation strategy. SOL Strategies stated that the stake pool software undergoes regular audits to ensure security and DeFi compatibility. As staking rewards accrue, STKESOL’s value relative to SOL is expected to increase.

Validator Strategy and Revenue Structure

SOL Strategies uses its Stakewiz validator analytics platform to guide delegation decisions. The system applies a Wiz Score, which evaluates performance, reliability, decentralization, and network health.

As a result, STKESOL distributes stake across dozens of validators rather than relying on a single operator. According to Interim CEO Michael Hubbard, the product supports network decentralization while generating revenue through deposit fees and a share of staking rewards.

These revenues complement existing validator operations and treasury holdings. The company noted that smaller validators also benefit from delegated stake under this model.

Treasury Growth and Market Context

SOL Strategies trades under CSE: HODL and NASDAQ: STKE and holds more than 427,000 SOL in its treasury. According to the company, it plans to stake over 500,000 SOL through STKESOL at launch.

The firm began accumulating SOL in June 2024 and rebranded later that year. The company expanded validator coverage through acquisitions including Cogent, OrangeFin Ventures, and Laine.

These moves increased its staked SOL footprint to about 3.3 million SOL. According to SolanaFloor data, roughly 454 million SOL was staked network-wide in early January 2026, with liquid staking tokens representing about 14.06%.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin, ether, solana slide further as Trump threatens to hit Iran 'extremely hard'

Bitcoin and major cryptocurrencies fell sharply after Trump's address threatened escalated military action against Iran, reversing a previous rally. The ongoing conflict continues to create volatility in the market. Despite historical April gains, optimism is tempered by geopolitical tensions.

CoinDesk12m ago

Wormhole response: Drift was attacked—Solana’s security mechanism may have delayed some cross-chain transactions

Gate News, April 2, Wormhole issued an official response to the attack on Drift, stating that Wormhole users’ assets are not currently at risk and that the cross-chain bridge functionality can still be used normally. However, due to the built-in security mechanisms configured for Solana, some cross-chain transfers may experience delays. Wormhole’s core contributors have been in communication with the Solana ecosystem team and will continue providing support as needed.

GateNews49m ago

Loopscale: SOL Genesis vault with about $170,000 in deposits has an indirect exposure through Drift and has committed to full compensation.

Loopscale’s declaration is not directly related to Drift. Most funds are secure, with some indirect exposure. Deposits in the SOL Genesis Vault will fully reimburse users; deposit and withdrawal functionality is temporarily disabled, and will be reopened once services are restored.

GateNews52m ago

March DEX total trading volume fell to $20.2 billion, and Solana DEX trading volume hit the lowest level since September 2024.

Gate News message, April 2, Defillama data shows that in March 2026, the total DEX trading volume was $202.0 billion, nearly dropping back to the $251.3 billion level from March 2025. During the same period, Solana DEX trading volume was about $57.3 billion, falling to its lowest level since September 2024.

GateNews57m ago

On-chain exchange Drift Protocol suffers a hack loss of $280 million—could the Solana ecosystem see a chain reaction?

Decentralized exchange Drift Protocol was hacked on April 2, resulting in losses of up to $280 million, becoming one of the largest DeFi security incidents in the Solana ecosystem. The attacker exploited a multisig vulnerability to obtain administrator keys and quickly transferred assets. Drift has paused deposits and withdrawals and has promised to continue updating the incident investigation. Security experts noted that this incident highlights the risks of high-privilege key management for DeFi protocols, urging stronger security measures to protect users’ assets.

ChainNewsAbmedia1h ago
Comment
0/400
No comments