How to Stake Solana (SOL): A Step-by-Step Guide

Introduction

Staking Solana can be a great option for those who want to hold SOL but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. Obtain Solana (SOL) Tokens
In order to stake Solana, you need to have it. To obtain Solana, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
Nexo Solana (SOL) 140,96
PrimeXBT Solana (SOL) 140,51
EarnPark Solana (SOL) 139,14
YouHodler Solana (SOL) 140,71
Binance Solana (SOL) 140,71
BTSE Solana (SOL) 140,64
See all 84 prices
2. Choose a Solana Wallet
Once you have SOL, you’ll need to choose a Solana wallet to store your tokens. Here are some good options.
Platform Coin Staking rewards
YouHodler Solana (SOL) Up to 13% APY
Uphold Solana (SOL) Up to 5,8% APY
Validator.com Solana (SOL) Up to 8,62% APY
Bake Solana (SOL) Up to 5,25% APY
Binance Solana (SOL) Up to 5,5% APY
See all 41 staking rewards
3. Delegate Your SOL
We recommend using a staking pool when staking SOL. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their SOL, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
4. Start Validating
You’ll need to wait for your deposit to be confirmed by your wallet. Once it’s confirmed, you’ll automatically validate transactions on the Solana network. You’ll be rewarded with SOL for these validations.

Platform	Coin	Price
Nexo	Solana (SOL)	140,96
PrimeXBT	Solana (SOL)	140,51
EarnPark	Solana (SOL)	139,14
YouHodler	Solana (SOL)	140,71
Binance	Solana (SOL)	140,71
BTSE	Solana (SOL)	140,64

Platform	Coin	Staking rewards
YouHodler	Solana (SOL)	Up to 13% APY
Uphold	Solana (SOL)	Up to 5,8% APY
Validator.com	Solana (SOL)	Up to 8,62% APY
Bake	Solana (SOL)	Up to 5,25% APY
Binance	Solana (SOL)	Up to 5,5% APY

What to be Aware of

There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.

Latest Movements

missing en-fr translation: common.latest-movements-copy

Market cap: US$91.18B
24h volume: US$4.55B
Circulating supply: 483,75M SOL

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Frequently Asked Questions About Staking Solana (SOL)

What are the current staking rewards for Solana (SOL) in France?: Staking rewards for Solana (SOL) in France can vary, with several rates available for staking. Currently, the best rate is an impressive percentage offered through Chainode Tech. By staking SOL, users contribute to the network's security and operations, essential for the Solana ecosystem. For the most accurate and up-to-date information, it's advisable to check platforms like Bitcompare regularly, considering local regulations and market conditions.
What are Solana (SOL) staking rewards, and how do they function in France?: Staking rewards on the Solana network are incentives for users who lock their SOL tokens to aid network operations, including transaction validation and security. By staking, users enhance the network's stability while earning rewards, usually in SOL. These rewards can fluctuate based on the validator's performance and the amount of SOL staked. In France, users can explore competitive staking rates, with attractive options available through platforms like Chainode Tech.

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