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Solana Foundation Earned $2.5M From Staking — But Still Had to Sell Equity to Keep the Lights On. Here's What That Means

3h ago · 1 source

The Solana Foundation earned $2.5 million in staking rewards from its treasury holdings but needed to sell equity to raise $12 million in cash for operational expenses. This highlights the gap between passive crypto income and the real-world costs of running a major blockchain project. The move raises questions about the financial sustainability of foundation-led blockchain development.

WHY IT MATTERS

Think of the Solana Foundation like a nonprofit organization that manages a public park. The park generates some income (like staking rewards — essentially interest earned by locking up crypto to help secure the network), but it's not enough to pay for all the staff, maintenance, and improvements needed. So the foundation had to sell a piece of ownership in itself (equity) to raise extra cash. For everyday crypto users, this matters because it shows that even big blockchain projects face real financial pressures. If a foundation runs low on funds, it could slow down development or force large token sales that might push prices down. It's a reminder that behind every blockchain is an organization that needs money to operate, just like any business.

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