SOL Strategies Moves to Acquire Houdini Swap and Darklake Labs in April Infrastructure Push

Claim 55% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks Sol Strategies ( (TSE:HODL) ) just unveiled an update. In April 2026, SOL Strategies Inc. expanded its Solana-focused infrastructure platform with the acquisition of Darklake Labs’ assets for USD $1.2 million, adding the Zyga zero-knowledge system for private, front‑running‑resistant transaction execution and integrating Darklake’s engineering and research team. The company also reported validator assets under delegation of 3.71 million SOL, 530,712 SOL in treasury holdings and continued growth of its liquid staking and institutional staking operations. On May 6, 2026, the company announced a definitive agreement to acquire HoudiniSwap LLC, a non‑custodial, privacy‑focused cross‑chain swap aggregator, for USD $18 million in cash and stock, bringing a fifth revenue stream and more than $2.5 billion in cumulative transaction volume across over 100 blockchains, including significant Solana activity. April also saw CTO Max Kaplan step down into an advisory role, participation in an investor conference, and new engineering leadership as SOL Strategies positions itself as a core infrastructure provider connecting Solana to the broader multi‑chain capital markets. The most recent analyst rating on (TSE:HODL) stock is a Buy with a C$29.00 price target. To see the full list of analyst forecasts on Sol Strategies stock, see the TSE:HODL Stock Forecast page. Spark’s Take on HODL Stock According to Spark, TipRanks’ AI Analyst, HODL is a Neutral. Overall score is held back primarily by weak financial performance (sharp profitability deterioration, sustained cash burn, and higher leverage). This is partially offset by a moderately improving technical setup and a generally positive earnings-call outlook driven by product traction and institutional progress, while valuation remains constrained by current losses and the lack of dividend support. To see Spark’s full report on HODL stock, click here. More about Sol Strategies SOL Strategies Inc. is a Canadian investment company focused on the Solana blockchain ecosystem, providing strategic investments, staking infrastructure and liquid staking products to support decentralized applications. The Toronto-based firm operates validator networks, manages treasury and third-party SOL stakes, and offers institutional staking and cross-chain infrastructure services. Average Trading Volume: 60,834 Technical Sentiment Signal: Sell Current Market Cap: C$58.08M