Toronto, Ontario--(Newsfile Corp. - February 2, 2026) - SOL Strategies Inc. (CSE: HODL) (NASDAQ: STKE) ("SOL Strategies" or the "Company"), one of the first publicly traded companies dedicated to growing and building the Solana Economy, today announced it has surpassed 31,000 unique wallet addresses delegating stake across its validator network and over 4 million SOL staked on its validator network.

As of February 1, 2026, the Company operates validator infrastructure for over 31,000 distinct wallet addresses, representing individual participants in the Solana network. This milestone reflects 105% growth in unique wallets and 45% growth in assets under delegation (AuD) from September 2025, when the Company served 15,132 wallets with 2.76 million SOL in AuD.

The Company's scalable validator infrastructure serves institutional clients, white-label partners, and individual retail participants. The 31,000-wallet milestone demonstrates growing retail adoption alongside institutional validator partnerships and includes both Company-owned treasury stake and third-party delegation.

Growth in unique wallet addresses reflects adoption through multiple distribution channels. The Solana Mobile partnership, which integrates validator services into device-native wallet functionality, contributed to retail wallet expansion following the Seeker device launch. Individual participants can also delegate through the Company's Orangefin mobile application, any third-party wallet, and the recently launched STKESOL liquid staking platform.

The Company operates the same institutional-grade infrastructure maintaining SOC 2 Type 2 and ISO 27001 certifications and compliance standards across all delegations, serving both billion-dollar institutional clients and individual retail wallets through unified validator operations.

Michael Hubbard, Interim CEO of SOL Strategies, stated: "Reaching 31,000 unique wallets and over 4 million SOL in assets under delegation reflects the accessibility and reliability of our validator infrastructure. Our operations serve major institutional clients including ETF providers while remaining accessible to individual participants through mobile applications and device integrations. This broad adoption demonstrates that participants across all wallet sizes seek institutional-grade validator performance and compliance standards."

About SOL Strategies

SOL Strategies Inc. (CSE: HODL) (NASDAQ: STKE) is a Canadian investment company that operates at the forefront of blockchain innovation. Specializing in the Solana ecosystem, the company provides strategic investments and infrastructure solutions to enable the next generation of decentralized applications.

To learn more about SOL Strategies, please visit www.solstrategies.io. A copy of this news release and all the Company's related material documents regarding the Company may be obtained under the Company's profile on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov.

Media Contact: solstrategies@scrib3.co

Cautionary Note Regarding Forward-Looking Information:

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains "forward-looking information" within the meaning of applicable securities laws. All statements other than statements of historical fact may be forward‐looking statements and information. More particularly and without limitation, this news release contains forward‐looking statements and information relating to the Company's or the Company's management team's expectations, hopes, beliefs, intentions or strategies regarding the future, and expectations regarding the characteristics, value drivers, and anticipated benefits of the Company's business plans and operations related thereto. Forward-looking information can also be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or indicates that certain actions, events or results "may", "could", "would", "might" or "will be" taken, "occur" or "be achieved".

Forward-looking statements in this news release include statements regarding continued growth in validator delegation, expected validator performance, and the Company's strategic positioning within the Solana ecosystem. There is no assurance that the Company's plans or objectives will be implemented as set out herein, or at all. Forward-looking information is based on certain factors and assumptions the Company believes to be reasonable at the time such statements are made and is subject to known and unknown risks, uncertainties, and other factors that may cause the actual results, level of activity, performance, or achievements of the Company to be materially different from those expressed or implied by such forward-looking information.

The purpose of forward-looking information is to provide the reader with a description of management's expectations, and such forward-looking information may not be appropriate for any other purpose. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking statements are made based on management's beliefs, estimates, and opinions on the date that statements are made, and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates, and opinions or other circumstances should change, except as required by law. Investors are cautioned against attributing undue certainty to forward-looking statements.

Disclaimer:

SOL Strategies is an independent organization in the Solana ecosystem. SOL Strategies is not affiliated with, owned by, or under common control with Solana Foundation (the "Foundation"), and the Foundation has not entered into any association, partnership, joint venture, employee, or agency relationship with SOL Strategies.

None of the Foundation or its council members, officers, agents or make any representations or warranties, recommendations, endorsements or promises with respect to the accuracy of any statements made, information provided, or action taken by SOL Strategies and expressly disclaim any and all liability arising from or related to any such statements, information or action.

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