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Solana Company starts building high-speed infrastructure to prepare SOL for next 'super cycle'

CoinDesk
Solana Company is building the 'Pacific Backbone' infrastructure across Asia-Pacific to support SOL growth and institutional adoption.

Summary

Solana Company (HSDT) announced plans to construct the "Pacific Backbone," a high-speed infrastructure network spanning Seoul, Tokyo, Singapore, and Hong Kong. This low-latency cluster is designed to support staking, validation, and trading services on the Solana blockchain, specifically targeting institutional demand in the Asia-Pacific region. The buildout aims to enhance accessibility and reliability for market makers, high-frequency traders, and financial institutions entering the crypto space. The project will immediately commence, with performance optimization and new product launches—including DeFi tools and liquid staking tailored for traditional finance firms—expected within 12 to 18 months. CEO Joseph Chee stated this expansion is crucial for preparing Solana for its "next super cycle." The initiative seeks to reduce reliance on external providers, lower latency, and offer compliant infrastructure for regulated markets. Solana Company currently holds over $180 million in SOL.

(Source:CoinDesk)