Solana Company posts 386% year-over-year rise in Q3 revenue

Nasdaq-listed SOL treasury company Solana Company said third-quarter revenue reached $3.4 million, up about 386% from $700,000 a year earlier. The company said staking income generated from its SOL holdings drove the revenue growth. As of Sept. 30, the company held about 2.4 million SOL worth $288.2 million.