Solana Company to Develop Staking Infrastructure in Asia

In Crypto Regulations
February 24, 2026

Solana Company to Develop Staking Infrastructure in Asia

DAT firm Solana Company has unveiled a roadmap for establishing high-speed infrastructure in the Asia-Pacific region for the Solana ecosystem, dubbed Pacific Backbone.

 

The initiative aims to develop a low-latency network initially connecting Seoul, Tokyo, Singapore, and Hong Kong. It is designed to directly support the development of staking and validation on the blockchain, as well as contribute to the diversification of the company’s revenue.

The project will commence with the activation of several small nodes to “ensure security and efficiency,” followed by scaling. Solana Company also prioritizes meeting the needs of market makers, high-frequency traders, exchanges, and other traditional financial partners in the ecosystem.

The implementation of technologies involves the purchase and deployment of modern equipment, expected in the second half of 2026. New products are planned to be introduced within the next 12-18 months.

To support the mass adoption of SOL, the firm intends to develop DeFi infrastructure, liquid staking, AMM, RPC services, and order execution services.

“We are preparing for the next Solana supercycle. By creating Pacific Backbone, we can better support the existing ecosystem of developers and partners while accelerating the onboarding of new participants, especially financial institutions and technology companies in the region,” said Solana Company CEO Joseph Chi.

According to CoinGecko, the firm holds 2.3 million SOL, making it the second-largest corporate holder of the asset.

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Source: CoinGecko.

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 was provided by Pantera Capital and Summer Capital, with participation from several other investors. Four days after the announcement, the cryptocurrency reached a local high near $248. 

At the time of writing, SOL is priced at ~$78, with Solana Company’s reserves estimated at approximately $180 million.

Since September, the company’s stock prices have plummeted by 72%, with its market capitalization falling to $73.6 million.

In January, the number of active validators on Solana fell to 800, the lowest level since 2021.

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Steven M. Crimmins is a cryptocurrency strategist and freelance writer who has followed the blockchain industry since Bitcoin’s early days. Known for his sharp analysis of altcoins and trading strategies, Steven provides Satoshi News Africa readers with market-focused content grounded in research. He is especially interested in how African traders are adopting crypto as an alternative to traditional markets. Steven is also a podcast host, where he discusses emerging technologies and investment trends.