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Solana Gets Boost as New Reserve Acquires 52K JTO
SOL Strategies, a Canadian publicly traded Solana infrastructure firm, has announced the acquisition of over 52,000 JTO tokens. The firm said the investment is part of its recently launched Strategic Ecosystem Reserve (SER) initiative
SOL Strategies Supporting Solana Ecosystem
According to SOL Strategies, SER will identify and invest in projects that are crucial to the growth of the Solana Ecosystem. Starting with Jito Network, SOL Strategies added 52,181 JTO tokens to its Strategic Ecosystem Reserve.
The firm stated that it selected Jito for its MEV (Maximal Extractable Value) infrastructure, which is crucial to Solana’s performance and validator economy. Jito is committed to eradicating harmful MEV and advancing ecosystem performance through the work of its core developers, Anza and Jump.
Jito also stands as a leading staking provider, with innovations in stake pool management through Stakenet. SOL Strategies revealed its intention to continuously evaluate additional infrastructure and DeFi projects for inclusion in SER. The company aims to build a resilient and high-performing Solana network for both developers and users.
The SER is a dynamic initiative that provides direct support to key infrastructure initiatives within the Solana ecosystem. This reserve is funded with a portion of SOL Strategies’ validator revenue, ensuring the sustainability of the SER initiative. At the same time, the firm preserves its core SOL treasury while continuing to accumulate more Solana.
The price of JTO and Solana has failed to regain momentum despite the SER initiative announcement. As of this writing, JTO is down 2.1% over the previous day to $1.92. The market cap stands at $658 million, and trading volume declined 16.6% to $22.8 million.
Within the same period, the value of the SOL price dropped 1.12% to $142. However, trading volume increased by 8.3% to $3.5 billion
Solana Gaining Widespread Attention
The Solana blockchain, renowned for its speed and low transaction fees, is gaining attention in the cryptocurrency market. Previously, we explored that Filecoin wants to archive the entire history of the Solana blockchain into a decentralized storage. Filecoin plans to do this without relying on traditional corporate big data services.
The Filecoin-Solana partnership follows filings from Invesco and Galaxy Digital to launch a spot SOL Exchange-Traded Fund (ETF). As detailed in our last news piece, the fund is expected to “reflect the performance of the spot price of Solana.”
Invesco and Galaxy Digital now join seven other asset managers in the race for a spot SOL ETF. Grayscale, Franklin Templeton, VanEck, CoinShares, Bitwise, 21Shares, and Fidelity Investments have updated their registration statements, as we previously discussed.
The Solana network has experienced a significant surge in general activity in 2025. As we covered in our latest report, Solana recorded over $1 billion in revenue for two consecutive quarters. The network also recorded $800 million in quarterly Validator REV, coupled with 3,200 monthly developers.
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