NEWTOWN, PA — Solana Company (NASDAQ: HSDT) announced a sharp rise in its Solana (“SOL”) token reserves and solid staking performance, reflecting the firm’s disciplined approach to managing its growing digital asset portfolio.
As of October 29, the company and its subsidiaries collectively held more than 2.3 million SOL, an increase of roughly one million since its previous update on October 6. It also reported over $15 million in cash and stablecoins, which will be deployed to further its digital asset treasury strategy.
For October, through the latest completed epoch on October 27, Solana Company recorded an average gross staking yield of 7.03% APY—about 36 basis points higher than the 6.67% APY stake-weighted average of the top 10 validators. The company’s SOL holdings are primarily staked through institutional-grade validator infrastructure, with rewards automatically restaked to maximize compounding returns.
“Our strategy integrates disciplined capital markets execution with high-performance on–chain yield,” said Cosmo Jiang, General Partner at Pantera Capital and Board Observer at the Company. “HSDT has increased its SOL holdings by roughly 5% in less than a month. Additionally, with a gross staking yield of over 7%, our Solana holdings are compounding and outperforming benchmarks by more than 35 basis points. We believe this consistent alpha demonstrates the strength of our active management mode, which captures both onchain productivity and capital markets efficiency.”
“Institutional engagement with Solana Company has accelerated following key network milestones and ecosystem developments,” said Joseph Chee, Executive Chairman of Solana Company and Chairman of Summer Capital. “We remain focused on transparency and growth, operating at the intersection of capital markets and blockchain innovation.”
Solana continues to be one of the fastest-growing blockchain ecosystems, processing over 3,500 transactions per second and supporting approximately 3.7 million daily active wallets. With an estimated native staking yield of around 7%, SOL remains a productive asset for long-term institutional investors.
Created in partnership with Pantera Capital and Summer Capital, Solana Company serves as a dedicated institutional vehicle for participation in the Solana ecosystem—combining capital markets access, onchain management, and long-term staking to generate sustainable SOL-denominated returns.
For the latest news on everything happening in Chester County and the surrounding area, be sure to follow MyChesCo on Google News and MSN.