Overview

• Sol Strategies is set to begin trading on Nasdaq on Sep. 9 under the ticker STKE, with reported holdings of 435,064 SOL (about $87 million) and plans to raise $500 million to buy more tokens.
• SOL traded around $200 on Sep. 6 after weeks of consolidation, with analysts flagging $197.64 as key support and a $210–$215 break as the trigger for targets near $240 and $255.
• U.S. SEC deadlines for proposed Solana spot ETFs, including Bitwise and 21Shares on Oct. 16, are cited as a near‑term catalyst, though approvals are not assured and expectations are based on analyst views and betting odds.
• Global access continues to expand with a new spot Solana ETF with staking launched by Fonte Capital on Kazakhstan’s Astana International Exchange.
• Coverage notes risks that treasury‑strategy stocks have fallen out of favor and warns that losing the $197 area could open a retrace toward the $175–$180 zone.