Mr. Michael Hubbard reports

SOL STRATEGIES' HOUDINI SWAP MONTHLY VOLUME INCREASES 14% OVER JUNE REPORTED

Sol Strategies Inc. has shared an update on trading volume at Houdini Swap, the company's wholly owned, non-custodial, privacy-focused cross-chain swap aggregator, for July and August, 2026. All numbers are preliminary, unaudited and subject to change.

Monthly swap volume kept climbing over the summer. Houdini processed approximately $65-million (U.S.) in June, $66-million (U.S.) in July and $74-million (U.S.) in August, up roughly 12 per cent from July and about 14 per cent from June. In the three-month period ended August, 2026, over 120,000 orders were executed for a total volume of approximately $206-million (U.S.). In this period, over $113-million (U.S.) in volume touched the Solana blockchain on at least one leg, accounting for around 55 per cent of total volume.

Private swaps continue to make up the bulk of that activity. Seventy-four per cent of Houdini's August volume has moved through private swaps, highlighting continuing user demand.

Houdini has continued to grow as prices of leading cryptocurrencies, including Solana, have increased significantly over the last month. Additionally, recently announced new partnerships and integrations have also begun contributing to Houdini volume. The growth supports the company's broader strategy: building digital asset infrastructure that gives users real control over what they expose on chain.

Michael Hubbard, chief executive officer of Sol Strategies, said: "You're not showing the cashier your bank balance every time you buy a dozen eggs. Privacy is a critical pillar for sustainable adoption of blockchain-based products, and Houdini's steady growth shows this. We're heads down right now in product development to expand and improve our offerings and meet the growing demand for privacy options."

Participation in Water Tower Research Insights Conference

The company also announces that CEO Mr. Hubbard and Steve Ehrlich will participate in the coming Water Tower Research Insights Conference taking place on Tuesday, Sept. 22, 2026, at 3 p.m. EDT.

The presentation will be hosted by John Roy, managing director at Water Tower Research, and will cover the following topics:

• Sol Strategies current business model;
• Acquisition of Houdini Swap;
• Macroeconomic conditions and the state of Solana;
• Growth strategy.

The WTR Insights Conference is a virtual event designed for investors seeking direct access to company management teams and differentiated insights across innovative businesses spanning all sectors covered by Water Tower Research. Through a series of fireside chat discussions and curated postevent engagement opportunities, attendees will gain a deeper understanding of each company's strategy, competitive positioning and long-term growth outlook.

Advance registration is encouraged to secure access to the full agenda, company lineup and live sessions, as well as on-demand replays following the event.

Stephen Ehrlich to move to director of capital markets role

In a separate item, Mr. Ehrlich has moved from chief strategy officer to director of capital markets at Sol Strategies. Mr. Ehrlich will continue to focus on the company's institutional relationships and capital market activity in the role.

About Sol Strategies Inc.

Sol Strategies is a digital asset infrastructure company focused on high performance blockchain and privacy technologies. Headquartered in Toronto, the company operates staking infrastructure and privacy technology on public blockchain networks, serving a broad range of participants from individual Sol holders to institutional clients.

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