🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
VanEck Taps SOL Strategies to Provide Staking for Its Solana ETF
SOL Strategies, a Solana-focused treasury and infrastructure firm, will handle staking services for VanEck’s Solana exchange-traded fund, the company announced Monday. VanEck recently filed its Form 8-A with the Securities and Exchange Commission, signaling the ETF’s next regulatory step. All staking operations will run through SOL Strategies’ Orangefin validator, acquired by the firm late last year.
A Validator Network Already Securing Hundreds of Millions
SOL Strategies operates ISO 27001 and SOC 2-certified validators that currently secure over CAD$610 million ($437 million) in staked assets. VanEck highlighted that institutional-grade reliability as the key reason for the partnership. According to Kyle DaCruz, VanEck’s director of digital asset product, the firm’s experience made it “a natural choice for our Solana ETF staking requirements.”
Strengthening the Link Between TradFi and Solana
SOL Strategies said the decision supports its mission to bridge traditional finance with decentralized infrastructure. Interim CEO Michael Hubbard added that the partnership validates the company’s staking capabilities and signals rising institutional interest in compliant, high-performance Solana staking solutions.
From Cypherpunk Holdings to a Solana-Focused Treasury Firm
Based in Toronto, SOL Strategies rebranded from Cypherpunk Holdings last year as it shifted its operations fully toward investing in and supporting the Solana ecosystem. The firm holds 524,000 SOL in its treasury, according to its website. Its stock trades as HODL on the Canadian Securities Exchange and as STKE on the Nasdaq Capital Market. On Friday, HODL closed down 5.85% at CAD$3.38, while STKE dropped 6.23% to $2.41.
Growing Competition in the Solana ETF Market
The US has seen two Solana ETFs launch so far — Bitwise’s BSOL and Grayscale’s GSOL. Since BSOL began trading on Oct. 28, the two funds have attracted $382 million in inflows, underscoring rapidly expanding demand for Solana exposure among institutional and retail investors.