PHILADELPHIA, Aug.  21, 2026  (GLOBE NEWSWIRE) -- Solana Company (NASDAQ:HSDT), a listed digital asset treasury company and operator of institutional Solana validator infrastructure across Asia-Pacific, today announced

HSDT

Solana Company Announces Positions and Votes on first Solana Governance Proposals

HSDT backs Solana Constitution; opposes 0002/0003 ahead of voting

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    <h3>Information</h3>
    <p>PHILADELPHIA, Aug.  21, 2026  (GLOBE NEWSWIRE) -- Solana Company (NASDAQ:HSDT), a listed digital asset treasury company and operator of institutional Solana validator infrastructure across Asia-Pacific, today announced</p>
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    <h3>AI Summary</h3>
    <p>Solana Company (HSDT) disclosed its voting positions on the first Solana Governance Proposals (SGPs) ahead of on-chain voting opening Aug 22, 2026. It supports SGP-0001 (The Solana Constitution) and opposes SGP-0002 and SGP-0003 due to timing, underscoring the importance of predictable rules for institutional participation. The move highlights a focus on institutional adoption and deterministic economics, with a fixed 1.5% terminal inflation shaping long-term capital planning.</p>
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    <h3>Key Points</h3>
    <ul><li>HSDT published governance positions for SGPs ahead of Aug 22, 2026 voting.</li><li>FOR SGP-0001; AGAINST SGP-0002 and SGP-0003 due to timing.</li><li>Emphasis on institutional adoption and deterministic network economics.</li><li>Solana inflation target fixed at 1.5%; governance timing key.</li><li>Open, stake-weighted voting infrastructure cited to attract institutions.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Solana Company (HSDT)</strong>: Publicly listed, articulating governance positions to influence institutional adoption and SOL economics.</li><li><strong>Solana (SOL)</strong>: Governance outcomes could affect network economics, issuance, and staking yields.</li></ul>
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  <section data-block="category">
    <h3>Industry News</h3>
    <p>This is Industry News focused on governance and institutional adoption within a blockchain ecosystem. It highlights how corporate communications on governance can influence perception of Solana&#039;s infrastructure as a financial market utility.</p>
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    <h3>Market-Moving</h3>
    <ul><li>HSDT disclosed governance positions ahead of Aug 22 voting.</li><li>SGP-0001 FOR; SGP-0002/0003 AGAINST due to timing.</li><li>Institutional adoption focus may influence Solana staking demand.</li><li>Deterministic economics and 1.5% terminal inflation cited.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>On-chain voting opens Aug 22, 2026.</li><li>SGP-0001 FOR The Solana Constitution.</li><li>SGP-0002 AGAINST Double Disinflation Rate.</li><li>SGP-0003 AGAINST Resource and Inclusion Fee.</li><li>Terminal inflation rate fixed at 1.5%.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Neutral near-term; potential upside if SGP-0001 passes and strengthens institutional staking.</p>
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<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p>PHILADELPHIA, Aug.  21, 2026  (GLOBE NEWSWIRE) -- Solana Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/HSDT">HSDT</a>), a listed digital asset treasury company and operator of institutional Solana validator infrastructure across Asia-Pacific, today announced its positions on the first three Solana Governance Proposals (SGPs) ahead of on-chain voting expected to open on <strong>22 August 2026</strong>:</p>  <ul type="disc"><li style="margin-top:11pt;"><strong>FOR</strong> — SGP-0001, <em>The Solana Constitution</em></li><li><strong>AGAINST</strong> — SGP-0002, <em>Double Disinflation Rate</em></li><li style="margin-bottom:11pt;"><strong>AGAINST</strong> — SGP-0003, <em>Resource and Inclusion Fee</em><br></br><br></br></li></ul>  <p>Solana Company supports the new Solana governance system. By giving every staking participant a transparent, stake-weighted vote — and by guaranteeing that the underlying holder can always override the vote of its operator — it provides neutral infrastructure through which institutions can participate directly in the decisions that shape the network. That participation will strengthen Solana’s position as global financial infrastructure, and ratifying the Constitution (SGP-0001) is the right first step.</p>  <p>The Company will vote against SGP-0002 and SGP-0003 on grounds of timing, not intent. Both proposals pursue reasonable long-term goals — lower issuance and fees that better reflect network resources. However, this is a critical moment for institutional adoption of Solana, and capital markets place heavy emphasis on maintaining consistent rules.</p>  <p>In the Company&#39;s conversations with institutions, the level of issuance is rarely cited as an obstacle; more commonly, its uncertainty over whether the network&#39;s economics can be relied on over a multi-year horizon. Repricing the network&#39;s two most stable economic parameters in the governance process&#39;s first live cycle risks delaying institutions that are currently evaluating participation in validator operations and staking.</p>  <p><strong>On SGP-0002:</strong> Solana&#39;s terminal inflation rate of 1.5% is already fixed, and the existing schedule already reaches it. The Company’s objection is not to lower issuance as an end state, but rather to reopening the settled, deterministic schedule. Staking yield is a reported financial line item — forecast, disclosed and audited — and for many holders it is operating cash flow. The Company would support a renewed disinflation discussion once there is evidence of sustained net inflow into SOL.</p>  <p><strong>On SGP-0003:</strong> the Company agrees that a flat fee mismatches cost to network load, but today&#39;s fee is a known constant that financial institutions using Solana can budget in advance. Making transaction cost variable before the ecosystem has adapted transfers estimation risk to users and operators. The Company would revisit its position on a revised design that preserves a deterministic fee floor.</p>  <p style="padding-left:40px;">&#34;We strongly believe that institutional adoption is a critical driver of Solana&#39;s growth, and institutions make decisions based on consistent, predictable structures. The positions we have outlined today are in support of furthering institutional adoption and we look forward to collaborating further with the industry to jointly shape the Solana network. Solana Company fully supports the SGP as an important foundation to attract more institutional participation in the growth and governance of the network.&#34; — <strong>Joseph Chee, Chairman and Chief Executive Officer, Solana Company</strong></p>  <p>The Company states its voting positions openly and in advance so that delegators can exercise their own vote with full knowledge of their operator’s position.</p>  <p><strong>About Solana Company</strong></p>  <p>Solana Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/HSDT">HSDT</a>) is a publicly listed digital asset treasury and infrastructure company purpose-built to maximize SOL per share. The company combines active treasury management, institutional-grade staking and validator operations with bespoke advisory services for financial institutions navigating blockchain adoption. Solana Company executes a self-reinforcing flywheel designed to compound value with every turn. The company&#39;s mission is to put more SOL behind every share, bridging public capital markets with the most commercially viable blockchain for institutions and financial applications. Visit https://www.solanacompany.co/ for more information.</p>  <p><strong>Media contact:</strong></p>  <p>M Group Strategic Communications (on behalf of Solana Company)</p>  <p>solanaco@mgroupsc.com</p>  <p><em>This statement describes Solana Company&#39;s governance voting position on the Solana network. It is not investment advice and is not a recommendation to buy, sell or hold any digital asset or security. It contains no forecast of the price of SOL or of the Company&#39;s results.</em></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTgxNDIwMyM3Nzg3OTEzIzIwODIwMzE="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/ZDUyZTc2YTAtNTA4Yy00ZDVlLWJhZDctZGI2MWQ4MGQzNTQwLTEwOTM2MDItMjAyNi0wOC0yMS1lbg==/tiny/Solana-Company.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/1986b97e-8656-4213-9218-ae51324d696d"><img src="https://ml.globenewswire.com/media/1986b97e-8656-4213-9218-ae51324d696d/small/solana-company-main-black-png.png" border="0" width="150" height="23" alt="Primary Logo"></img></a></p>

Solana Company (HSDT) disclosed its voting positions on the first Solana Governance Proposals (SGPs) ahead of on-chain voting opening Aug 22, 2026. It supports SGP-0001 (The Solana Constitution) and opposes SGP-0002 and SGP-0003 due to timing, underscoring the importance of predictable rules for institutional participation. The move highlights a focus on institutional adoption and deterministic economics, with a fixed 1.5% terminal inflation shaping long-term capital planning.

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Solana Company Announces Positions and Votes on first Solana Governance Proposals

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