Solana-focused investment firm Sol Strategies has filed a preliminary base shelf prospectus allowing them to raise up to $1 billion. DeFi Development Corp. also announced plans to adopt liquid-staked SOL for its treasury operations. In a statement from May 27, Sol Strategies noted its intention to offer common shares worth up to $1 billion, although it did not specify an immediate offering. CEO Leah Wald emphasized that this move aligns with the firm’s long-term growth strategy, showcasing their confidence in the Solana ecosystem and the broader crypto landscape. Investors should watch these developments closely as they could signal greater institutional interest and confidence in Solana.