Solana Company (HSDT) Stock: Surges 12% Ahead of Solana Governance Vote

TLDR

• HSDT stock surges 12% as Solana Company prepares for governance voting soon.
• Solana Company backs the constitution but rejects two key economic proposals.
• HSDT opposes faster disinflation to preserve predictable staking economics.
• The company rejects variable fees over concerns about institutional cost planning.
• Solana governance voting opens August 22 with HSDT positions already made clear.

Solana Company shares surged 12.10% to $2.0850 as the company outlined its positions on three Solana governance proposals. The company supports Solana’s proposed constitution but opposes two planned economic changes before voting begins. On-chain voting for the three Solana Governance Proposals is expected to open on August 22, 2026.

Solana Company, HSDT

HSDT Backs Solana Constitution Proposal

Solana Company said it supports SGP-0001, known as the Solana Constitution, ahead of the network’s first governance voting cycle. The proposal establishes a formal governance framework allowing staking participants to vote according to their economic stake. Underlying token holders can override voting decisions made by staking operators.

The company views the framework as important infrastructure for institutions seeking direct participation in Solana governance. Management believes transparent voting rules could improve confidence among organizations considering staking and validator operations. Solana Company plans to vote in favor of ratifying the proposed constitution.

The company also disclosed its planned vote before polling begins, giving delegators advance information about its governance position. Delegators can still exercise their voting rights independently under the proposed system. HSDT continues operating institutional Solana validator infrastructure across the Asia-Pacific region.

Solana Company Rejects Faster Disinflation Plan

Solana Company plans to vote against SGP-0002, which proposes accelerating the network’s existing disinflation schedule. The company said the disagreement concerns timing rather than the long-term goal of reducing SOL issuance. Solana currently has a fixed terminal inflation rate of 1.5% under its existing schedule.

Management argued that institutions value predictable economic rules when building multi-year financial models around staking operations. Staking rewards can also represent operating income for companies holding SOL through structured treasury strategies. Consequently, changing the issuance schedule could introduce uncertainty while institutional adoption remains an important network priority.

The company could reconsider faster disinflation after Solana records sustained net capital inflows into SOL. Until then, it prefers maintaining the existing schedule and its defined path toward terminal inflation. This position seeks to preserve predictable staking economics during Solana’s expanding institutional adoption phase.

HSDT Opposes Variable Resource Fee Proposal

Solana Company will also vote against SGP-0003, known as the Resource and Inclusion Fee proposal. The proposal seeks to replace aspects of Solana’s flat transaction pricing with fees reflecting network resource usage. However, the company believes variable pricing could create additional cost uncertainty for institutional users.

Management acknowledged that flat fees do not always reflect the actual resources consumed by individual transactions. Still, known transaction costs allow financial institutions to forecast operating expenses more consistently. A variable model could transfer additional estimation risk to users before supporting systems fully adjust.

Solana Company said it could support another version containing a predictable minimum fee structure. Such a model could address network resource costs while preserving greater certainty for businesses using Solana.

The post Solana Company (HSDT) Stock: Surges 12% Ahead of Solana Governance Vote appeared first on Blockonomi.