Solana Company has unveiled a roadmap for creating high-speed infrastructure for the Solana ecosystem in the Asia-Pacific region, named Pacific Backbone.
— Solana Company (NASDAQ: $HSDT) (@Solana_Company) February 23, 2026
The initiative aims to develop a low-latency network that will initially connect Seoul, Tokyo, Singapore, and Hong Kong. This infrastructure is designed to directly support staking and validation on the blockchain, while also diversifying the company's revenue streams.
The project will start with the activation of several small nodes to ensure "security and efficiency," followed by scaling up. Solana Company also prioritizes meeting the needs of market makers, high-frequency traders, exchanges, and other traditional financial partners within the ecosystem.
The implementation of these technologies will involve the purchase and deployment of modern equipment, expected in the second half of 2026. New products are set to be launched within the next 12-18 months.
To support the widespread adoption of SOL, the company plans to develop a DeFi infrastructure, liquid staking, AMM, RPC services, and order execution services.
“We are preparing for the next supercycle of Solana. By creating Pacific Backbone, we will be able to better support the existing ecosystem of developers and partners while accelerating the onboarding of new participants, especially financial institutions and tech companies in the region,” said Solana Company CEO Joseph Chi.
According to CoinGecko, the company holds 2.3 million SOL, making it the second-largest corporate holder of the asset.
In September 2025, the company, then known as Helius Medical Technologies, announced a shift to a treasury strategy in Solana. Financial backing of $500 million through stock purchases came from Pantera Capital and Summer Capital, along with several other investors. Four days after the announcement, the cryptocurrency reached a local peak near $248.
As of this writing, the price of SOL is approximately $78, with Solana Company's reserves valued at around $180 million.
Since September, the company's stock price plummeted by 72%, and its market capitalization has fallen to $73.6 million.
It’s worth noting that in January, the number of active validators on Solana dropped to 800 — the lowest level since 2021.