SOL Strategies Inc., one of the few publicly traded Solana-native companies, delivered its biggest month yet in March 2025. According to its April 7 update, the firm went all-in on Solana—doubling its validator stake, pushing uptime and rewards higher, and taking a stand on key governance proposals.

Big Move: $24M Spent to Acquire Laine + Stakewiz

The highlight of March? SOL Strategies closed a $24 million deal to acquire three top Solana validators, including the well-known Laine validator and Stakewiz.com, the popular validator analytics site.

• The acquisition boosted total stake by 102%
  
• New holdings: 3,351,617 SOL (~$388M)
  
• Deal closed on March 17
  

As part of the move, Laine’s founder Michael Hubbard joined as Chief Strategy Officer. His new focus? Scaling infrastructure and building high-level validator relationships—both with solo stakers and institutions.

Performance Upgrades: Strong Uptime and APY

Beyond growth, the deal delivered real results:

• Validators posted 99.955% uptime
  
• Delegators earned an average APY of 7.41% (above network average)
  

That kind of performance puts SOL Strategies on the map as a top-tier staking option in the Solana ecosystem.

Yes, They’re Voting Too: SIMD-228 Support

On the governance front, SOL Strategies made its voice heard. The firm confirmed that all of its validators voted yes on SIMD-228, a big proposal to cut Solana’s inflation from 4.5% to 0.87%.

The proposal got 61.4% approval—not quite enough to pass—but SOL Strategies’ vote shows it’s not just staking for yield. It’s showing up for Solana’s long-term economic design.

TL;DR: They’re not just running validators—they’re helping shape the protocol.