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Solana Company Q3 revenue jumps 5x to $3.4M; net income hits $105M on token price gains

Protocol Fundamentals
12 Nov 2026, 03:11 WIB
Crypto Briefing
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Bullish
Solana Company Q3 revenue jumps 5x to $3.4M; net income hits $105M on token price gains

Solana Company reported a significant revenue increase to $3.4 million in Q3 2026, up from $697,000 a year earlier, driven mainly by staking rewards on SOL tokens. Net income soared to $105.2 million, largely due to an unrealized gain from the rising price of SOL tokens held by the company, not from actual sales. The company’s strategy of staking and validator services shows strong growth, with delegated SOL rising and high gross margins. Investors should note the net income is heavily influenced by token price fluctuations, making it less reflective of pure operating performance.

Solana Company's Q3 revenue and net income figures provide context for readers interested in cryptocurrency markets. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Nov 12, 2026 07:32 WIB: Among 50 major cryptocurrencies tradable on Pluang, 18 rose and 31 fell today. SAND (The Sandbox) traded at Rp753 with a 1-day change of -2.79% and a typical hold time of 125 days, showing a 75% sell order activity. In contrast, ZIL (Zilliqa) at Rp28 had a smaller decline of -2.45% but a strong buy order activity of 85%, while YFI (Yearn) priced at Rp34,292,954 saw a -2.38% change with 88% sell orders and a shorter hold time of 94 days.

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