Coinbase
What is Solana?
Learn more about Solana and get live price data, news, history, and more.
Read more
Solana
SOL
Staked
64%Staked
0%Unstaked
36%Unstaked
0%Earn up to 4.68% 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
4.68%
Reward Change 24H
0.00%
Reward Change 30D
-3.04%
Asset Market Cap
CA$78.4B
Staking Market Cap
CA$50.3B
Tokens Staked
287.0M
Percent Staked
64.14%
Solana staking is on the decline this month.
The current estimated reward rate of Solana is 4.68%. This means that, on average, stakers of Solana are earning about 4.68% if they hold an asset for 365 days. The reward rate has not changed over the last 24 hours. 30 days ago, the reward rate for Solana was 4.83%. Today, the staking ratio, or the percentage of eligible tokens currently being staked, is 64.14%. In other words, there are 287.0M of Solana staked, which means that Solana has a staking market cap of CA$50.3B. This is compared to a total asset market cap of CA$78.4B.
Rewards
Related assets
Similar staking cap
Of all the assets on Coinbase, these are the closest to Solana in staking market cap.
Popular cryptocurrencies
A selection of cryptocurrencies in the top 50 by market cap.
Discover more assets
A selection of other relevant cryptocurrencies
Guides
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
DL News • Apr 30, 24
What will push Solana back to its $260 all-time high? Three analysts weigh in
Solana is a favorite amongst memecoin traders, institutional investors, and developers.
Read more
BeInCrypto • Apr 30, 24
Leading AI and Tech Giants Back YOUR AI’s Grand Vision for Personalized E-Commerce
YOUR AI Protocol is a pioneering force in the intersection of AI and e-commerce. Having built an AI-driven content layer on the Bitcoin and Solana blockchains. The protocol e-commerce stores with AI-enhanced content streaming solutions, and creators with AI content support, earning opportunities ...
Read more
Decrypt • Apr 29, 24
Primitives Protocol’s Decentralized Social Graph Has Facebook In its Sights
Built with Solana’s State Compression Technology, Primitives Protocol’s "non-fungible graphs" enable friends to migrate between social networks.
Read more
BeInCrypto • Apr 26, 24
How This Crypto Trader Turned Meme Coin Trading Into a $22 Million Success Story
Through astute market timing and strategic investments in Solana-based meme coins, "paulo.sol" has amassed over $22.8 million, showcasing the potential highs and lows of the crypto trading world.The post How This Crypto Trader Turned Meme Coin Trading Into a $22 Million Success Story appeared fir...
Read more
Decrypt • Apr 25, 24
Solana ‘Chapter 2’ Airdrops Could Cover the Price of the Phone
Solana Saga Chapter 2 pre-orders could have their price offset by new MEW and MANEKI airdrops.
Read more
Decrypt • Apr 25, 24
Payments Giant Stripe Reenters Crypto With USDC on Ethereum, Solana and Polygon
A decade after an early attempt to support Bitcoin payments, the company sees a stablecoin-powered future.
Read more
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 4.68%. This means that, on average, you can earn about 4.68% for current block/epoc rewards for Solana.
How many Solana tokens are currently staked?
Currently, 287.0M are staked, which means that the staking market cap of Solana is CA$50.3B.
What percentage of Solana is currently being staked?
Of the available tokens, 64.14% is currently staked.
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.