SOL Strategies Inc. has formed a new institutional staking alliance with Netcoins, a regulated Canadian cryptocurrency exchange, marking a step for institutional Solana staking in North America. The collaboration aims to expand access to compliant, high-yield staking options while strengthening Solana’s validator network.
Institutional Integration Strengthens Solana Ecosystem
The partnership will see Netcoins, a subsidiary of BIGG Digital Assets Inc., transition its Solana staking operations to SOL Strategies’ enterprise-grade validator infrastructure.
Consequently, this move ensures Netcoins’ customers gain exposure to higher staking yields while maintaining strict compliance with Canadian securities regulations. Besides, the collaboration highlights the growing institutional demand for reliable validator services within regulated frameworks.
Andrew McDonald, Chief Operating Officer of SOL Strategies, emphasized that regulated exchanges require partners capable of combining high-yield performance with institutional compliance. He noted that SOL Strategies designed its validator operations specifically to meet those dual objectives, focusing on both technical reliability and adherence to industry standards.
Strengthening Institutional Credibility
According to Netcoins’ CEO Fraser Matthews, selecting a staking validator partner involves assessing infrastructure strength and operational reliability. He stated that SOL Strategies demonstrated excellence in these areas, which allows Netcoins to enhance staking services without compromising regulatory obligations. The partnership is expected to set a new benchmark for institutional staking reliability in Canada.
SOL Strategies currently operates four validators serving more than 15,000 wallets, including institutional clients through BitGo and Crypto.com. Additionally, its validator partnerships extend to notable projects such as Pudgy Penguins and Solana Mobile. The company’s hybrid model combining a large Solana treasury with a revenue-generating validator business positions it as a unique player in the institutional staking market.
Solana Market Outlook Remains Cautiously Bullish
At press time, Solana (SOL) traded at $181.93 with a 24-hour volume of over $7.2 billion. Despite a weekly decline of about 8%, analysts see potential for recovery.
According to market data, the $180 level remains a key support zone. BitGuru analysts observed that Solana is consolidating between $180 and $195, showing a gradual accumulation trend.
Source: X
A confirmed breakout above $195 could trigger a move toward $210–$220. However, if prices fall below $180, the next support sits near $172. Analysts suggest that institutional staking growth may support Solana’s long-term recovery once the broader market stabilizes.
