Net assets decreased from $641.3 million on December 31, 2025, to $570.3 million on March 31, 2026. The Trust reported a net decrease in assets resulting from operations of $238.1 million for the quarter. Net investment income was $9.3 million, derived from $9.9 million in staking rewards, offset by $0.6 million in net expenses. The Trust held 6,905,641 Solana as of March 31, 2026. The Principal Market NAV per share declined from $16.37 at the end of 2025 to $11.07 as of March 31, 2026.