Solana Company Reports $3.4M Quarterly Revenue as Staking Business Expands
Solana Company reported third-quarter revenue of $3.4 million, up from $697,000 a year earlier, largely linked to staking. At quarter-end it held about 2.4 million SOL and earned 30,800 SOL in staking rewards. Its Pacific Backbone validator infrastructure had roughly 1.3 million SOL delegated, including about one million from outside holders. Third-party delegations could generate validator commissions and indicate demand beyond the company’s own treasury, but the disclosure does not establish how much revenue came from client stake or whether operations are profitable. Investors will need clearer reporting on fee income, delegation retention, operating costs and the effect of share issuance to assess whether infrastructure adds durable earnings beyond SOL exposure.
