Solana Company announces positions on upcoming governance votes

Solana Company (HSDT) shares rose 12% following the announcement of its positions regarding upcoming Solana governance voting. The Nasdaq-listed company, which operates institutional validator infrastructure in the Asia-Pacific region, has declared its intent to support the proposed Solana Constitution (SGP-0001) while opposing two economic proposals.

The company supports the constitution because it establishes a formal framework where staking participants can vote according to their economic stake, while allowing token holders to override decisions made by staking operators. Management believes this structure provides the transparency necessary to attract more institutional participants to the network.

However, Solana Company plans to vote against SGP-0002, a proposal to accelerate the network’s disinflation schedule, and SGP-0003, which concerns resource and inclusion fees. The company expressed concerns that changing staking and fee rules could discourage institutional involvement by complicating cost planning and predictable staking economics. On-chain voting for these proposals is expected to begin on August 22, 2026.