Skip to contentSkip to site index
Coinbase Logo
Sign in
Solana logo

Solana

SOL

4.2

Add a rating
Staked
71%
Staked
0%
Unstaked
29%
Unstaked
0%

Earn up to 2.40% APY

Create a Coinbase account to stake Solana

Stake Solana

*Ability to stake subject to location and rate subject to change.

Staking Solana

Staking Stats

Est. Reward Rate APY

2.40%

Reward Change 24H

-0.45%

Reward Change 30D

+4.79%

Asset Market Cap

$6.2B

Staking Market Cap

$4.4B

Tokens Staked

281.7M

Percent Staked

70.70%

Solana staking is on the rise this month.

The current estimated reward rate of Solana is 2.40%. This means that, on average, stakers of Solana are earning about 2.40% if they hold an asset for 365 days. 24 hours ago the reward rate for Solana was 2.41%. 30 days ago, the reward rate for Solana was 2.29%. Today, the staking ratio, or the percentage of eligible tokens currently being staked, is 70.70%. In other words, there are 281.7M of Solana staked, which means that Solana has a staking market cap of $4.4B. This is compared to a total asset market cap of $6.2B.

Related assets

Available to stake

Crypto assets that are currently available to earn rewards through staking on Coinbase.

USD Coin

USD Coin

Ethereum

Ethereum

Cardano

Cardano

Polkadot

Polkadot

Cosmos

Cosmos

Tezos

Tezos

Similar staking cap

Of all the assets on Coinbase, these are the closest to Solana in staking market cap.

Cardano

Cardano

Avalanche

Avalanche

Ethereum

Ethereum

Polkadot

Polkadot

Cosmos

Cosmos

TRON

TRON

Internet Computer (IOU)

Internet Computer (IOU)

Aptos

Aptos

Trending assets

Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.

MXC

MXC

IDEX

IDEX

API3

API3

XRP

XRP

NKN

NKN

LCX

LCX

SUI

SUI

MAGIC

MAGIC

Popular cryptocurrencies

A selection of cryptocurrencies in the top 50 by market cap.

Bitcoin

Bitcoin

Ethereum

Ethereum

Tether

Tether

USD Coin

USD Coin

Cardano

Cardano

Dogecoin

Dogecoin

Solana

Solana

Litecoin

Litecoin

Polygon

Polygon

Polkadot

Polkadot

Binance USD

Binance USD

Dai

Dai

Learn More

How does staking Solana work

For many traders and investors, staking is a way of earning rewards by simply holding Solana. Certain cryptocurrencies, including Solana, allows staking. This means that you can “stake” some of your Solana holdings and earn a reward over time in exchange for allowing the blockchain to put your Solana to work.

Cryptocurrencies that allow staking use a consensus mechanism called Proof of Stake, which is a method of verifying and securing transactions on the blockchain that leverages people who are literally already invested in the blockchain. The precise implementation varies, but at its core, users will put their crypto on the line, similar to a security deposit, for a chance to add a new block onto the blockchain. Typically, the chances of being chosen to validate the next block is proportionate to the amount staked and the amount of time a user’s held their asset. This way, the network rewards participants who are most invested. If the selected node successfully validates a block, then it is awarded the staking reward.

In other words, in exchange for delegating your Solana, you get rewarded with more Solana from the network. Staked tokens act as a guarantor of the legitimacy of new transactions. On the chance that fraudulent transactions are discovered, users will lose a part of their stake (i.e. their stake would get burned by the network) in a slashing event.

Benefits of staking Solana

It’s easy

Enroll with just a couple of clicks. You can earn rewards on Solana on as little as $1.

It’s secure

We take measures to mitigate risks and allow you to opt-out anytime. Some protocols may require you to wait until unstaking is complete to transfer or sell your assets.

It’s passive income

Staking can be a way of making your Solana work by generating rewards, rather than collecting dust in your crypto wallet. You can also discover all assets eligible for rewards from our Earn center.

Read about Solana

CoinDesk • Jun 10, 23

SOL, ADA, MATIC Tokens Slide 20% in Sudden Move Days After SEC Lawsuit Allegations

Several tokens were alleged as securities earlier this week, leading to a possible risk-off among traders.

Read more

News Article Image

CoinDesk • Jun 08, 23

Kraken NFT Marketplace Launches With Support for Ethereum, Solana and Polygon Collections

Cryptocurrency exchange Kraken has officially launched its NFT marketplace out of beta testing, supporting over 250 NFTs across the Ethereum, Solana and Polygon blockchains.

Read more

News Article Image

CoinDesk • Jun 07, 23

BNB Drops to 6-Month Low as ADA, MATIC, SOL Lead Altcoin Tumble

Cryptocurrencies the SEC characterized as securities in recent lawsuits led the drop among altcoins, while BTC traded mostly flat.

Read more

News Article Image

CoinDesk • May 04, 23

Solana Founder Brushes Off FTX Woes, Remains Confident in Crowded Blockchain Landscape

Prominent projects are porting over to the Solana network and developer activity remains strong, Anatoly Yakovenko said in a CoinDesk TV interview.

Read more

News Article Image

Decrypt • May 02, 23

Tensor Snatched Magic Eden’s Solana NFT Crown. But for How Long?

Mad Lads hype helped push “pro” marketplace Tensor on top, but the latest battle for Solana traders may only be getting started.

Read more

News Article Image

Decrypt • Apr 29, 23

This Week in Coins: Bitcoin, ICP and Solana Lead Small Market-Wide Rally

Small gains across the board this week after First Republic Bank’s shares nosedived following publication of its latest quarterly report.

Read more

News Article Image

Decrypt • Apr 27, 23

Mad Lads Gave Solana NFTs a ‘New Heartbeat’ After Losing DeGods: Coral CEO

Armani Ferrante reflects on the buzzy launch of Mad Lads, plus Coral’s larger plans with the Backpack app and versatile xNFTs.

Read more

News Article Image

FAQ

How to stake Solana?

Solana is currently available to stake on Coinbase’s centralized exchange, subject to locations where staking is allowed. Check out our help center page to learn more about eligibility.

When can I start earning rewards with Solana?

You start earning yield with most of the Staking and Standard Rewards assets once they are purchased. To earn yield by staking ETH or depositing assets in DeFi yield, you will need to purchase the asset and then agree to terms to enable the option and start earning rewards.

What are the risks around staking Solana?

Staking requires your Solana to be locked on the protocol in order to earn rewards. During this time you won't be able to trade or transfer your Solana. The lock up periods are defined by protocols and can range from a few hours to a few days. Coinbase does not impose any lock up periods. No additional lockup periods are imposed by Coinbase.

How much can I make staking Solana?

The current estimated reward rate of Solana is 2.40%. This means that, on average, you can earn about 2.40% for current block/epoc rewards for Solana.

How many Solana tokens are currently staked?

Currently, 281.7M are staked, which means that the staking market cap of Solana is $4.4B.

What percentage of Solana is currently being staked?

Of the available tokens, 70.70% is currently staked.

1Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.

Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.