Solana Crypto Secures Fresh Boost as Sol Strategies Welcomes New Milestone

Sol Strategies, a Canadian firm, has been chosen as a staking provider for Tetra Trust, Canada's first licensed digital asset trust company. This partnership allows institutional investors, including 3iQ's upcoming Solana Staking ETF, to access Solana staking services through Tetra Trust's platform. Tetra Trust provides custody solutions for several Canadian digital asset investment products and has a history of offering institutional staking infrastructure. This collaboration is expected to increase institutional adoption of Solana. Currently, the price of Solana (SOL) is $174.01, a 2.33% increase in the last 24 hours. There's growing interest in a Solana ETF, with recent filings from Franklin Templeton and Canary Capital. Approval of a Solana ETF could potentially lead to increased institutional investment and could positively influence the price of SOL.