CandleFocus Canadian Firm Sol Strategies Rolls Out High-Rewarding Staking App
2025-01-16
Author: Content Editor
Canadian firm Sol Strategies has launched the first-ever non-custodial mobile staking app through its acquisition of Orangefin Ventures. The app allows investors to stake SOL directly from their mobile phones and promises an 8-10% APY reward. It also gives investors full control over their assets, distinguishing it from traditional staking platforms. The app is currently live on the Solana dApp Store and will be available on the Google Play Store and Apple App Store later this year. Sol Strategies has become a key player in the Solana ecosystem, with its validators and infrastructure investments driving growth. The company currently stakes 1,505,145 SOL and recently completed a CAD $27.5 million financing round to strengthen its SOL holdings. The stock price of Sol Strategies increased by 9% following the announcement of the mobile staking app launch.
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