Upexi (NasdaqCM:UPXI) Q2 2026 Earnings call February 10, 2026 05:30 PM ET Company ParticipantsAllan Marshall - CEOAndrew Norstrud - CFOBrett Knoblauch - Managing DirectorBrian Rudick - Chief Strategy OfficerValter Pinto - Managing DirectorConference Call ParticipantsBrian Kinstlinger - Senior Technology AnalystOperatorOkay, welcome to Upexi Incorporated's Fiscal Second Quarter 2026 Financial Results Conference Call. Please note, this event is being recorded. I would now like to turn the conference over to V ...

Upexi (NasdaqCM:UPXI) Q2 2026 Earnings call February 10, 2026 05:30 PM ET Company ParticipantsAllan Marshall - CEOAndrew Norstrud - CFOBrett Knoblauch - Managing DirectorBrian Rudick - Chief Strategy OfficerValter Pinto - Managing DirectorConference Call ParticipantsBrian Kinstlinger - Senior Technology AnalystOperatorOkay, welcome to Upexi Incorporated's fiscal second quarter 2026 financial results conference call. Please note, this event is being recorded. I would now like to turn the conference over to V ...

Market Overview - The Solana (SOL) token briefly lost its $120 support but managed a weak bounce, ending the week in the red [1] - Bitcoin reached $90,000 before quickly dropping below $88,000, indicating ongoing post-Christmas market struggles [1] Solana Ecosystem Performance - The trading volume in the Solana ecosystem increased by 11% to $12 billion, although the market cap decreased by 3% to $173 billion [2] - Despite the overall decline in the Solana ecosystem, SOL products experienced institutional inflows for the second consecutive week, contrasting with the performance of Bitcoin (BTC) and Ethereum (ETH) [3] Stablecoin Developments - The Solana-based stablecoin USX (USX) briefly depegged on decentralized exchanges (DEXs) due to low liquidity and heavy selling, but was restored to dollar parity by Solstice Finance [4] - The stablecoin market is expected to grow significantly, with predictions of reaching a $1 trillion industry by 2026, driven by major players like Western Union entering the market on Solana [8] Future Predictions for Solana - Experts predict that Solana will enhance its internet capital markets in 2026, supported by the Firedancer upgrade, which is expected to increase network speed beyond 1 million transactions per second and reduce finality to under 150 milliseconds [9] - The developments in Solana are anticipated to transform DeFi, payments, and other sectors, positioning it as a robust base layer for value exchange and capital raising [9] L1 Ranking and Market Position - Solana is projected to end 2025 as the blockchain with the second-highest total value locked (TVL), while Ethereum remains at the top and BNB Smart Chain faces significant challenges [5]

Market Trends - Solana is emerging as a leading platform for trading various assets [1] - Proprietary Automated Market Makers (Prop AMMs) are facilitating the realization of Internet Capital Markets [1] Trading Efficiency & Cost - HumidiFi demonstrates TradFi-grade execution for real trading volume [1] - HumidiFi quotes spreads of 0.4 to 1.6 basis points (bps) for SOL-USDC trades, increasing to 5 bps at $1 million [1] - S&P 500 stocks exhibit spreads in the sub-1 to 8 bps range, while mid-cap stocks range from 3 to 25 bps based on SEC Rule 605 data [1] - Prop AMMs are matching or surpassing traditional finance (TradFi) execution for trades under $100 thousand [1] Competitive Advantage - Best execution is crucial for success [2]

Solana Ecosystem Overview - Solana is leading the way in building Internet Capital Markets [1] - Breakpoint talks are mostly product oriented (80-90%) with only a few being technical [1] Recommendation - Encourages spending a few hours watching the talks that interest you [1]

RT Nick Almond (@DrNickA)On my way home from Breakpoint. A few reflections on the event and Solana generally 👇This was my first Breakpoint and I have to say, I was incredibly impressed. The production values are about as good as I’ve seen them. It’s impeccably organised and incredibly well curated. I sat and watched like 12 hours of content, at least, across the 3 days and it was all very high quality. Short punchy product and tech updates and with some quirky debate style formats that were fun.The vibes we ...

💡 @0xMert_ at @SolanaConf says the listings of wrapped XRP and ZCash prove the shift is real: "The internet capital markets thing is finally actually happening." https://t.co/UyZFr4qtsL ...

RT Will (@theonlywill)🚨BIG NEWS: @Revolut the #1 neobank on Europe with 65M+ users, now supports @solana payments, transfers & staking!This is how Internet Capital Markets are born.The place to build is ON SOLANA! 🤝 https://t.co/sxbfzXaRG8 ...

RT Asgard Finance (@asgardfi)Backed by FearlessWe have raised a $2.2M seed round to help fearless sovereign individuals take structured positions in Internet Capital MarketsLed by: @robotventures ...

Solana Ecosystem & Adoption - Solana Breakpoint conference is a key event for the crypto community [1] - The conference focuses on accelerating the adoption of Internet Capital Markets [1] - The event is relevant for those building new applications in the crypto space [1]