From Spider Silk to Solana: Innovation Stocks Light Up the Market

DENVER, Colo., Sep 23, 2025 (247marketnews.com)- The markets are off to a fast-paced morning as a string of small and mid-cap companies signal bold pivots, many toward the digital asset economy, immersive tech, and next-gen therapeutics.

In a landmark shift, Fitell (NASDAQ:FTEL), traditionally known for fitness equipment, secured a $100 million facility to launch Australia’s first Solana (SOL)-based digital asset treasury. FTEL plans to deploy assets across on-chain DeFi yield strategies, including options, structured products, and liquidity provisioning. The treasury will be custodied with BitGo and staked via institutional infrastructure. A dual listing on the ASX is also in motion, along with a rebrand to “Solana Australia Corporation.” FTEL is positioning to “set a new benchmark for performance in digital asset management,” with a focus on compounding SOL holdings and long-term DeFi yield innovation.

Kraig Biocraft Labs (OTCQB:KBLB) shares are climbing after announcing plans to acquire another silkworm rearing facility, part of a broader multi-site expansion under sericulture expert Dr. Nirmal Kumar. CEO Kim Thompson said progress has “exceeded expectations,” as the company advances its recombinant spider silk for defense, textiles, and sustainability markets.

With biodegradability, strength, and scalability, KBLB’s spider silk platform remains one of the more unique materials plays in the microcap universe.

zSpace (NASDAQ:ZSPC) is surging in interest after announcing three immersive AR apps targeting the industrial robotics sector. The new offerings, focused on Training, Maintenance, and Operations, are built for classrooms and workforce programs looking to prepare the next generation of robotics technicians.

CEO Paul Kellenberger emphasized the applications’ ability to “give learners the opportunity to gain confidence and practical experience before they step into a real-world setting.” With industrial automation booming, zSpace’s headset-free AR systems could find growing demand in education and manufacturing.

STRATA Skin Sciences (NASDAQ:SSKN) is moving higher pre-market following a major peer-reviewed study validating the efficacy of its 308nm Excimer Laser in combination with JAK inhibitors for vitiligo. The 251-patient randomized controlled trial showed superior results over monotherapy, including faster, more durable repigmentation.

Published in the International Journal of Dermatology, the data supports SSKN’s strategy of pursuing expanded reimbursement for conditions beyond vitiligo, such as psoriasis. With the study’s combination therapy outperforming existing standards, STRATA is gaining momentum in the personalized dermatology space.

Oriental Rise (NASDAQ:ORIS) and New Era Energy & Digital (NASDAQ:NUAI) are looking like today’s low priced momentum movers.

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