Solana (SOL) Staking Rewards Calculator

How much can you earn by staking your Solana (SOL)?

Asset

Solana

Ticker

SOL

Current Price

$1.00

Rank

#0

Market Cap

$0

= 1000.0 SOL
Current SOL Price:
1 SOL = $1.00
End value:
$1,370.09 = 1370.087 SOL
Initial monthly earning:
$5.42 = 5.417 SOL
Average earning per year:
$74.02 = 74.017 SOL
Overall earning:
$370.09 = 370.087 SOL
Current Annual SOL Staking Yield at Kraken: 6.5% APY

Price data powered by CoinGecko API.

Month #Asset Value (USD)Asset Value (SOL)Monthly staking reward (USD)Monthly staking reward (SOL)
0$1,000.001,000.000 SOL$0.000.000 SOL
1$1,005.261,005.262 SOL$5.265.262 SOL
2$1,010.551,010.551 SOL$5.295.289 SOL
3$1,015.871,015.868 SOL$5.325.317 SOL
4$1,021.211,021.213 SOL$5.355.345 SOL
5$1,026.591,026.587 SOL$5.375.373 SOL
6$1,031.991,031.988 SOL$5.405.402 SOL
7$1,037.421,037.418 SOL$5.435.430 SOL
8$1,042.881,042.877 SOL$5.465.459 SOL
9$1,048.361,048.364 SOL$5.495.487 SOL
10$1,053.881,053.880 SOL$5.525.516 SOL
11$1,059.431,059.426 SOL$5.555.545 SOL
12$1,065.001,065.000 SOL$5.575.574 SOL
13$1,070.601,070.604 SOL$5.605.604 SOL
14$1,076.241,076.237 SOL$5.635.633 SOL
15$1,081.901,081.900 SOL$5.665.663 SOL
16$1,087.591,087.592 SOL$5.695.693 SOL
17$1,093.311,093.315 SOL$5.725.723 SOL
18$1,099.071,099.068 SOL$5.755.753 SOL
19$1,104.851,104.851 SOL$5.785.783 SOL
20$1,110.661,110.664 SOL$5.815.813 SOL
21$1,116.511,116.508 SOL$5.845.844 SOL
22$1,122.381,122.383 SOL$5.875.875 SOL
23$1,128.291,128.288 SOL$5.915.906 SOL
24$1,134.221,134.225 SOL$5.945.937 SOL
25$1,140.191,140.193 SOL$5.975.968 SOL
26$1,146.191,146.192 SOL$6.005.999 SOL
27$1,152.221,152.223 SOL$6.036.031 SOL
28$1,158.291,158.286 SOL$6.066.063 SOL
29$1,164.381,164.380 SOL$6.096.095 SOL
30$1,170.511,170.507 SOL$6.136.127 SOL
31$1,176.671,176.666 SOL$6.166.159 SOL
32$1,182.861,182.857 SOL$6.196.191 SOL
33$1,189.081,189.081 SOL$6.226.224 SOL
34$1,195.341,195.338 SOL$6.266.257 SOL
35$1,201.631,201.627 SOL$6.296.290 SOL
36$1,207.951,207.950 SOL$6.326.323 SOL
37$1,214.311,214.305 SOL$6.366.356 SOL
38$1,220.691,220.695 SOL$6.396.389 SOL
39$1,227.121,227.118 SOL$6.426.423 SOL
40$1,233.571,233.574 SOL$6.466.457 SOL
41$1,240.071,240.065 SOL$6.496.491 SOL
42$1,246.591,246.590 SOL$6.526.525 SOL
43$1,253.151,253.149 SOL$6.566.559 SOL
44$1,259.741,259.743 SOL$6.596.594 SOL
45$1,266.371,266.371 SOL$6.636.628 SOL
46$1,273.031,273.034 SOL$6.666.663 SOL
47$1,279.731,279.733 SOL$6.706.698 SOL
48$1,286.471,286.466 SOL$6.736.734 SOL
49$1,293.241,293.235 SOL$6.776.769 SOL
50$1,300.041,300.040 SOL$6.806.805 SOL
51$1,306.881,306.880 SOL$6.846.840 SOL
52$1,313.761,313.757 SOL$6.886.876 SOL
53$1,320.671,320.669 SOL$6.916.913 SOL
54$1,327.621,327.618 SOL$6.956.949 SOL
55$1,334.601,334.604 SOL$6.996.986 SOL
56$1,341.631,341.626 SOL$7.027.022 SOL
57$1,348.691,348.685 SOL$7.067.059 SOL
58$1,355.781,355.782 SOL$7.107.096 SOL
59$1,362.921,362.915 SOL$7.137.134 SOL
60$1,370.091,370.087 SOL$7.177.171 SOL

What is Solana?

Solana is a blockchain network that is optimized for scalability, with a focus on fast transactions and high throughput. A few core ideas for what would later become Solana were first conceived in a 2017 white paper by Anatoly Yakovenko, a software engineer who previously worked at Qualcomm and Dropbox. Yakovenko went on to pair up with former colleagues at Qualcomm, Greg Fitzgerald and Stephen Akridge, and three others to found the company that would eventually become Solana Labs.

Solana Labs raised funds through private token sales in 2018 and 2019 to fund development of the Solana protocol. The Solana network launched on Mainnet Beta in March of 2020. Solana Labs remains a core contributor to the Solana project while the Solana Foundation also helps fund ongoing development and community-building efforts.

The Solana network's native cryptocurrency is the SOL token. SOL tokens can be used to pay transaction fees, interact with smart contracts, or earn a staking yield.

Solana uses a Proof-of-Stake consensus mechanism to secure the network. On top of Proof-of-Stake, Solana also uses a unique Proof-of-History approach to determine the time of a transaction in a trustless way. This reduces transaction times and dramatically speeds up transaction speeds, giving the network block confirmation times of only 400 milliseconds compared to Ethereum's 15 seconds and Bitcoin's 10 minutes.

What is Solana staking?

Since Solana operates with a Proof-of-Stake consensus mechanism, users holding SOL tokens can earn staking rewards in exchange for using their holdings to secure the blockchain. Staking is the process of locking up your SOL tokens to provide economic security to the Solana network. Through the process of staking, the Solana network ties its security to the honesty of the majority who are incentivized as token holders to maintain the integrity and value of the network.

How do I stake my SOL?

Solana staking works by delegating your tokens to validators who process transactions and run the network.

To stake SOL, you must move your tokens into a wallet that supports staking. Solana provides complete documentation for staking here. There are two general approaches to staking your SOL:

  • Using a non-custodial wallet like SolFlare. With a non-custodial wallet, you have the sole control your private keys which means that you do not have to trust a third party with your keys. The downside to a non-custodial wallet is that you are solely responsible for not losing your keys and keeping them secure. When it comes to staking, with this approach you are responsible for choosing your validator, so choose carefully.
  • Using a custodial wallet like Kraken, a crypto exchange. With a custodial wallet, you trust a third party to control your private keys and provide you access to your tokens when you wish to send or trade them. The upside to custodial wallets is that they are typically more convenient and your personal responsibility of safeguarding your private keys is lessened. With this approach, you do not have the ability to choose your validator - you must use your custodian's partner validator.

Current Annual SOL Staking Yield at Kraken: 6.5% APY

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