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via crypto.news · By crypto.news Editorial

Solana Company posts $30.3M Q2 loss despite staking gains

SOL

SOL/USDT

$75.45

-0.12%

$75.45

-0.12%

(24s)

24h Volume

$566,818,253.09

24h H/L

$75.74 / $75.05

Change: $0.6900 (0.92%)

Long/Short

71.7%

Long: 71.7%Short: 28.3%

Funding Rate

+0.0005%

Longs pay

Data provided by COINOTAG DATALive data

Solana

Daily

$75.53

▲ 0.24%

Volume (24h): -

Resistance Levels

Resistance 3$78.3012

Resistance 2$77.1741

Resistance 1$75.6437

Price$75.53

Support 1$75.0918

Support 2$72.01

Support 3$70.0936

Pivot (PP):$75.38

Trend:Downtrend

RSI (14):51.5

crypto.news Editorial

(11:04 AM UTC)

1 min read

Approved byMichael Roberts

0 comments

Solana Company has reported a $30.3 million second-quarter loss despite earning $2.5 million in revenue, almost entirely from staking its SOL holdings.

Summary

Revenue increased from $43,000 a year earlier but fell from $3.6 million in Q1.
Solana Company earned 31,200 SOL in rewards and automatically restaked the tokens.
A $25.4 million realized loss…

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