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Solana Company (HSDT) has announced plans to develop a high-speed infrastructure network across the Asia-Pacific region to accelerate the growth of the Solana blockchain and diversify its revenue streams. The new initiative, known as the “Pacific Backbone,” will connect key financial hubs including Seoul, Tokyo, Singapore, and Hong Kong through a low-latency network cluster built to support staking, validation, and crypto trading services on Solana.
The project is designed to meet rising institutional demand for blockchain infrastructure in Asia-Pacific, a region that has become a major center for crypto adoption, cross-border payments, and digital asset innovation. By enhancing network performance and reliability, Solana Company aims to provide market makers, high-frequency traders, and financial institutions with faster transaction execution and improved access to Solana-based services.
According to the company, the Pacific Backbone will reduce reliance on third-party service providers, lower latency, and deliver compliant infrastructure aligned with regulatory standards in key markets. The expansion is expected to begin immediately, with performance optimization and new product rollouts scheduled over the next 12 to 18 months. Upcoming offerings include DeFi tools, liquid staking solutions, automated market makers, and tailored execution services for traditional finance firms entering the crypto sector.
CEO Joseph Chee stated that the expansion positions the company for Solana’s “next super cycle,” reinforcing its long-term commitment to blockchain scalability and institutional-grade infrastructure. Solana currently processes more than 3,500 transactions per second and supports millions of daily active wallets.
Solana Company holds approximately 2.3 million SOL—valued at over $180 million—making it the second-largest Solana treasury firm. Despite the announcement, HSDT shares fell 13.3% to $1.76 amid a broader cryptocurrency market downturn, with SOL and Bitcoin also posting losses in the past 24 hours.
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