Solana SOL Interest Rates in Canada: Lending, Staking & Borrowing APY

Price of Solana (SOL) Today in Canada

As of the latest data, Solana (SOL) is currently priced at $135.00 with a market capitalization of $75,840,076,153.38. The 24-hour trading volume stands at $7,004,923,673.00, The circulating supply of Solana is approximately 561778341.8768777. The cryptocurrency has seen a -2.63% decrease in value over the past 24 hours.

Latest Solana (SOL) APY Rates in Canada

SOL Lending Rates Market Summary

Average Rate

6.75% APY

Highest Rate

12% (YouHodler)

Platforms Tracked

Best Risk-Adjusted

12% (YouHodler)

Solana (SOL) Lending Rates

Platform	Coin	APY
Nexo	Solana (SOL)	Up to 8% APY in Canada
EarnPark	Solana (SOL)	Up to 7% APY in Canada
YouHodler	Solana (SOL)	Up to 12% APY in Canada
Gemini	Solana (SOL)	Up to 0.01% APY in Canada

See all 20 canadian lending rates

Solana (SOL) Staking Rewards

Platform	Coin	Staking rewards in Canada
EarnPark	Solana (SOL)	Up to 7% APY in Canada
YouHodler	Solana (SOL)	Up to 12% APY in Canada
Gemini	Solana (SOL)	Up to 0.01% APY in Canada
Uphold	Solana (SOL)	Up to 5.8% APY in Canada

See all 41 canadian staking rewards

Solana (SOL) Borrowing Rates

Platform	Coin	APY
Nexo	Solana (SOL)	From 2.9% APY
YouHodler	Solana (SOL)	From 8% APY
Bitget	Solana (SOL)	From 22.26% APY

See all 4 canadian borrowing rates

Best Solana (SOL) Prices in Canada

Platform	Coin	Cost
Nexo	Solana (SOL)	140.96
PrimeXBT	Solana (SOL)	140.51
Binance	Solana (SOL)	140.71
BTSE	Solana (SOL)	140.64
Coinbase	Solana (SOL)	140.58
Luno	Solana (SOL)	139.34

Price of Solana (SOL) Today in Canada

About Solana (SOL) in Canada

Solana (SOL) is a high-performance blockchain platform tailored for decentralized applications and cryptocurrency projects, emphasizing scalability and speed. Its unique consensus mechanism, Proof of History (PoH), timestamps transactions to create a verifiable historical record, allowing Solana to...

Solana (SOL) is gaining traction in Canada across various sectors due to its high throughput and low transaction costs, making it appealing for decentralized finance (DeFi), non-fungible tokens (NFTs), and Web3 applications.

The tokenomics of Solana (SOL) promotes a sustainable ecosystem, with a total supply capped at 489 million SOL tokens. The distribution model includes allocations for the team, investors, and community incentives, ensuring balanced liquidity and governance.

Solana's security features are bolstered by its innovative Proof of History (PoH) consensus mechanism, enhancing the traditional Proof of Stake (PoS) model with verifiable timestamps for transactions. This method efficiently orders transactions, reducing the risk of double-spending and ensuring...

Since its launch in March 2020, Solana has marked significant milestones in its development roadmap, showcasing its commitment to scalability and performance. The mainnet beta release enabled developers to build decentralized applications, and in 2021, Solana gained attention with high-profile...

How to Secure Your Solana (SOL) Holdings in Canada

To safeguard your Solana (SOL) assets, consider using a hardware wallet, which offers a secure offline environment for storing private keys. Recommended options include Ledger and Trezor, both compliant with Canadian regulations.

For effective private key management, store your keys securely, ideally offline, and never share them. Utilizing a password manager can enhance your security. Stay vigilant against common threats like phishing and malware; enable two-factor authentication (2FA) on your accounts and keep your...

Multi-signature wallets can further bolster security by requiring multiple private keys for transaction authorization, minimizing the risk of unauthorized access. Lastly, implement a solid backup strategy by creating multiple copies of your wallet recovery phrases and storing them in secure,...

Understanding How Solana (SOL) Functions

Solana utilizes a distinctive blockchain architecture that combines proof-of-history (PoH) and proof-of-stake (PoS) consensus mechanisms. This design allows for high transaction throughput and low latency, making it suitable for the fast-paced Canadian market.

The PoH component establishes a historical record, confirming events at specific times, which enhances efficiency. Validators, selected based on the amount of SOL staked, confirm transactions through the PoS mechanism, ensuring a fair and secure validation process.

To maintain network security, Solana employs advanced cryptographic techniques and a decentralized network of validators, reducing the risk of attacks and ensuring integrity. Its architecture also features parallel transaction processing via the Sealevel runtime, enabling the simultaneous execution...

Solana Buying Guide for Canadians

How to purchase Solana in Canada

How to earn Solana in Canada

Frequently Asked Questions About Solana (SOL) in Canada

What is Solana (SOL), and what makes it unique in the cryptocurrency space?: Solana (SOL) is a high-performance blockchain platform designed for decentralized applications and cryptocurrency projects. Its unique features include a focus on speed and scalability, achieving block times of under one second, which allows for thousands of transactions per second. Solana utilizes a novel consensus mechanism called Proof of History (PoH), enabling efficient processing and reducing network congestion. This combination of speed and cost-effectiveness positions Solana as a strong competitor in the blockchain ecosystem.
What is Solana (SOL), and what sets it apart in the crypto market?: Solana (SOL) is a high-performance blockchain platform tailored for decentralized applications and cryptocurrency projects. Its standout features include rapid transaction speeds and scalability, achieving block times of under one second, allowing for thousands of transactions per second. Solana employs a unique consensus mechanism called Proof of History (PoH), which enhances processing efficiency and minimizes network congestion.
How does Solana achieve its high transaction speeds and low costs?: Solana achieves high transaction speeds and low costs through its innovative architecture, which combines Proof of History (PoH) with a unique consensus mechanism. PoH timestamps transactions, allowing for efficient ordering and reducing the workload on validators. Additionally, Solana utilizes parallel processing, enabling multiple transactions to be processed simultaneously. This design minimizes network congestion, resulting in transaction costs that are significantly lower than those of many other blockchains, enhancing usability for both developers and users.
What types of applications can be developed on the Solana blockchain?: Solana supports a wide range of applications, including decentralized finance (DeFi) platforms, non-fungible tokens (NFTs), gaming, and Web3 projects. Its high throughput and low latency make it an attractive choice for developers seeking to create scalable applications that require fast transaction processing. Notable projects on Solana include Serum, a decentralized exchange, and Audius, a decentralized music streaming platform, showcasing the versatility and potential of the Solana ecosystem across various industries.
How does Solana ensure security and decentralization within its network?: Solana maintains security and decentralization through its unique consensus mechanism and a robust network of validators. By utilizing Proof of History (PoH), Solana enhances the verification process while allowing for scalability. The network is supported by a large number of independent validators, which helps ensure that no single entity can control it. Additionally, regular audits and community participation in governance contribute to its resilience and security, creating a trustworthy environment for both users and developers.
What are the staking rewards for Solana (SOL), and how do they work?: Staking rewards on Solana (SOL) are incentives provided to users who participate in the network by locking their tokens to support transaction validation. These rewards vary based on the number of tokens staked and the overall performance of validators. Users can delegate their tokens to selected validators to earn a share of the rewards. The staking process enhances the network's security while allowing participants to earn passive income, making it an attractive option for SOL holders.

Solana SOL Updates in Canada

February 2, 2026Bitcoin's price crash exposes painful truth – crypto market still dances to BTC's tune

Despite thousands of alternative tokens and institutional adoption, crypto markets in 2026 still largely move in lockstep with bitcoin, offering little real diversification.

February 2, 2026Crypto Thefts Rise Nearly Fourfold Over Year to $370M in January

January saw the largest amount of crypto stolen in a month since February 2025, with $370 million lost to exploits, mostly from phishing scams, CertiK reports.

February 2, 2026Jupiter brings Polymarket to Solana and lands $35 million investment deal

Jupiter said Polymarket will be integrated on its platform, while ParaFi Capital has made a $35 million strategic investment in JUP with an extended lockup.