Solana Company reported third-quarter revenue of $3.4 million, up approximately 386% from $700,000 a year earlier. According to The Block, as cited by TechFlow, the increase was mainly driven by staking income from the company’s SOL holdings.
As of September 30, Solana Company held approximately 2.4 million SOL with a reported fair value of about $288.2 million. The holdings’ fair value measures the value of SOL on the company’s balance sheet; it is distinct from the quarterly revenue generated primarily through staking. These figures alone do not establish a valuation for the company or its shares.
Original report: TechFlow, published November 12, 2026, at 09:12 (UTC+8).