Solana Company (NASDAQ: HSDT), backed by Pantera Capital and Summer Capital, has announced the launch of its 'Pacific Backbone' infrastructure initiative in the Asia-Pacific region. The first phase of this project will establish a high-speed, low-latency network connecting Seoul, Tokyo, Singapore, and Hong Kong. This development aims to directly support Solana's staking and validation node operations, addressing network coverage gaps in the APAC region and reducing costs associated with staking and validation.