- Netcoins selects SOL Strategies as its Solana validator partner, migrating retail staking under an institutional, regulated setup in Canada.
- The move strengthens regulated Solana staking in Canada for retail users while aligning with BIGG Digital Assets’ compliance footprint.
- SOL trades weak near support; RSI sits in high-30s, leaving room for a reflex bid if momentum flips.
SOL Strategies Inc. confirmed a new institutional staking partnership with Netcoins, the fully regulated Canadian crypto platform owned by BIGG Digital Assets
Under the agreement, Netcoins migrates its Solana staking to SOL Strategies’ enterprise validator infrastructure, aiming to improve yields without stepping outside Canadian compliance guardrails. For Netcoins’ retail customers, that means staking stays simple while custody and reporting remain within a regulated framework.
Why this matters for Solana participants
Regulated exchanges increasingly want reliable validator partners that can operate at institutional standards. SOL Strategies says its validator network already serves a large wallet base and supports institutional clients, positioning it to standardize Solana staking operations for platforms that must evidence compliance.
Despite the market downturn, SOL Strategies continues to expand its validator footprint. The company’s network supports retail and institutional staking clients, including notable partners such as Ark Invest’s Digital Asset Revolutions Fund and Solana Mobile.
Related: Hong Kong Approves ChinaAMC Solana ETF As 23 U.S. Spot Filings Stack Up
Additionally, SOL Strategies maintains white-label validator partnerships with emerging Web3 brands like Pudgy Penguins, signaling a diversified approach to staking revenue streams.
SOL Price context and near-term setup
Meanwhile, Solana’s market performance remains under pressure. The token trades around $185, marking 4% drop over a week. This correction reflects a broader risk-off sentiment in the crypto market, although Solana maintains a strong market capitalization exceeding $100 billion.
Technical Outlook Suggests Near-Term Recovery Potential
Market indicators point to potential stabilization for Solana. The MACD shows bearish momentum, with both lines below zero, confirming continued selling pressure.
However, the RSI hovering near 39.9 indicates that the asset is nearing oversold conditions. If momentum reverses above the 45 threshold, Solana could see renewed buyer interest and a short-term rebound.
Related: SOL Price Eyes New Highs as Solana Leads Asia’s DePIN Revolution
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