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Solana Company revenue climbs on staking rewards in Q3

The digital asset treasury firm reported $3.4 million in quarterly revenue, up from $697,000 in the same period a year earlier.

The digital asset treasury firm reported $3.4 million in quarterly revenue, up from $697,000 in the same period a year earlier. Solana (SOL) is trading at $83.22. This is an original TLT brief based on reporting by The Block, with live market data added, as of Thu, 12 Nov 2026 03:15:02 UTC.

Why it matters

The revenue increase was attributed primarily to staking rewards, highlighting how network participation can generate returns for digital asset treasury firms.

Key takeaways
  • Solana Company reported $3.4 million in Q3 revenue
  • Revenue reached $3.4 million versus $697,000 a year earlier
  • Staking rewards drove the reported growth
  • SOL stands at $83.22, down 13.28% over seven days

The Block reported that Solana Company generated $3.4 million in revenue during the third quarter, compared with $697,000 in the same period last year. The company described the result as a milestone quarter, with the increase driven by staking rewards. This was the only supplied outlet report on the development, so there is no independent outlet corroboration of the revenue figures or the stated contribution from staking. The available coverage nevertheless provides a direct period-over-period comparison and identifies the mechanism behind the growth. The announcement concerns a digital asset treasury firm whose revenue was tied to staking rewards in the quarter covered. The supplied report does not provide additional details about the company’s holdings, staking position, reward rate, expenses or profitability, so the revenue figure cannot be used on its own to assess its broader financial position. Live market data showed Solana at $83.22, down 0.17% over 24 hours and 13.28% over seven days. Solana’s market capitalization was $49.22 billion. Across the wider crypto market, total capitalization stood at $2.52 trillion while conditions were described as flat; Bitcoin was up 0.21% over 24 hours, and the Fear & Greed index registered 28, indicating fear. The figures to watch alongside future company updates are whether staking-led revenue remains the main contributor and whether SOL’s recent decline affects the market backdrop surrounding the company’s treasury operations.

Market reaction since this brief Live

Since this brief published about 50 minutes ago, Solana (SOL) has moved from $83.22 to $83.22 — +0.00%.

$81.56$82.39$83.22$84.05$84.88 published · $83.22 now · $83.22 (+0.00%) Nov 12 02:25 UTC Nov 12 03:15 UTC
BeforeSince publishPublished · $83.22

The chart plots SOL's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution; intraday detail builds over the first day). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in naira

At today's peer-to-peer rate, 1 SOL ≈ ₦116,445.58 (about $83.22), down 0.2% over 24 hours. The naira itself trades about 3.7% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.

#7
$83.22 ▼ 0.17%
7d -13.28%MCap $49.22BFull SOL data →
The market when this published · November 12, 2026
Total market cap$2.52T
Bitcoin 24h+0.21%
Ethereum 24h-0.17%
BTC dominance58.9%
Fear & Greed28 · Fear

Solana Company revenue climbs on staking rewards in Q3 — questions & answers

What revenue did Solana Company report for Q3?

The company reported $3.4 million in quarterly revenue, compared with $697,000 in the same period last year.

What drove Solana Company’s revenue growth?

The Block reported that staking rewards drove the increase.

How was Solana performing in the supplied market data?

SOL traded at $83.22, down 0.17% over 24 hours and 13.28% over seven days.

How much is 1 Solana worth in naira today?

About ₦116,445.58 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $83.22. The naira price moves with both SOL's US-dollar price and the USDT/NGN rate; use our Solana in naira page for any amount.

Which outlets reported this story?

This is an original TLT brief that synthesises reporting from The Block. It is not a copy of any one article — follow the source links above for the original reporting.

TLT Newsdesk Data-stamped

TLT's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · November 12, 2026 ⛓ Timestamped at Bitcoin block #975,514 sha256:f1fefd48f39c0d1c
Based on reporting by The Block — this is an original TLT summary with live market data, not the original article.The Block · Nov 12 02:25 ↗

Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.