If you hold Solana in your portfolio, you might be wondering how to make the most of it. Staking offers a simple way to earn rewards while helping secure the Solana network. It does not require constant trading or technical expertise, which makes it appealing to both new and experienced users.
With several platforms available, knowing where to stake your SOL is just as important as the decision to stake. Each option comes with its own features, rewards, and risks, so choosing the right one can affect your long-term returns. Whether you prefer full control or a hands-off approach, there is a platform that fits your needs.
In this guide, we will explore the top Solana staking platforms for 2025. You will also learn how staking works and what to consider before getting started.
Comparing The Best Solana Staking Platforms
This table gives a quick overview of the top Solana staking platforms in 2025, helping you compare their key features before making a decision.
Platform | Estimated APY | Fees | User Experience | Key Feature |
Phantom Wallet | Varies by validator | None | High | Simple non-custodial setup |
Solflare Wallet | Varies by validator | None | Medium | Ledger integration and validator tracking |
Kraken | 7 to 12 percent | Low | High | Centralised and beginner-friendly |
Jito Networks | Varies by validator | None | Medium | High-performance validator infrastructure |
BlazeStake | Around 6 percent | None | Medium | Auto-compounding rewards |
Top 5 Solana Staking Platforms in 2025
Choosing the right staking platform can impact your earnings and user experience. Below are five of the best Solana staking platforms in 2025, each with unique strengths and features.
Phantom Wallet is one of the most popular non-custodial options for staking SOL. It provides a clean, easy-to-use interface, making it perfect for beginners. Users can choose from multiple validators directly within the app and retain full control over their tokens. Phantom is supported by a strong developer community and integrates well with Solana-based apps, enhancing its functionality beyond staking.
- Rewards: Varies based on validator
- Fees: No platform fees
- Unique Features: Non-custodial, simple setup, direct validator selection
Solflare Wallet is another trusted non-custodial platform for staking Solana. It supports both mobile and desktop users and offers seamless integration with Ledger hardware wallets, adding an extra layer of security. Solflare users can stake directly with validators and manage their assets confidently while benefiting from strong performance tracking tools built into the wallet.
- Rewards: Varies depending on validator
- Fees: No platform fees
- Unique Features: Ledger support, validator insights, desktop and mobile access
Kraken offers a beginner-friendly way to stake SOL using a centralised exchange. Users can stake directly from their exchange balance without worrying about validator selection or wallet management. The platform typically offers between 7% and 12% APY and includes clear reward tracking. Kraken is ideal for those who prioritise simplicity and support over direct control.
- Rewards: Around 7% to 12% APY
- Fees: Low platform fee deducted from rewards
- Unique Features: No minimum stake, automatic rewards, easy interface
Jito Networks provides high-performance validators for users looking to stake SOL through wallets. It focuses on stability, uptime, and efficiency. By using its infrastructure, you can maximise rewards without worrying about frequent downtimes. Jito does not charge any platform fees, making it a suitable option for users who value decentralised control and reliability.
- Rewards: Depends on validator performance
- Fees: No staking fees
- Unique Features: High uptime validators, strong infrastructure, non-custodial focus
BlazeStake is a decentralised staking platform that offers approximately 6% APY. It is best known for its auto-compounding feature, which reinvests your staking rewards automatically to increase returns. BlazeStake appeals to users who prefer a more hands-off approach while still maintaining transparency and efficiency in how rewards are distributed.
- Rewards: Around 6% APY
- Fees: No staking fees
- Unique Features: Auto-compounding, transparent rewards, decentralised access
Also Read: 7 Best Solana Wallets in 2025
Is Staking Solana Safe?
Staking Solana is generally considered safe, especially when using trusted platforms and reliable validators. However, there are some risks involved that you should understand before getting started.
Validator Risk
When you stake through a validator, your rewards depend on that validator’s performance. If they experience downtime or act dishonestly, your returns may be reduced. Although your staked SOL is not lost, choosing a reputable validator with a consistent record is essential to ensure you continue earning rewards without interruption.
Custodial Risk
If you use a centralised exchange to stake your SOL, the platform controls your tokens during the staking period. While most exchanges have strong security, this setup carries a risk in case of hacks or operational failures. Non-custodial wallets give you full control, but may require more effort to manage.
Market Risk
Staking rewards are paid in SOL, so your returns are still affected by market price changes. If the value of SOL drops significantly, the overall value of your staking rewards may also decrease. While staking helps grow your holdings, it does not shield you from the volatility of the broader crypto market.
Also Read: Solana Price Prediction | KoinX
How to Stake Solana: Step-by-Step Guide?
Staking Solana is straightforward, whether you are using a wallet or an exchange. Follow these steps to start earning rewards on your SOL holdings with minimal effort.
Step 1: Choose a Platform
First, decide if you want to use a centralised exchange like Kraken or a non-custodial wallet like Phantom or Solflare. Wallets give you more control and direct access to validator selection. Exchanges are easier for beginners but involve handing over custody of your SOL to the platform during the staking period.
Step 2: Transfer Your SOL
Once you have chosen your platform, transfer your SOL tokens into that wallet or exchange account. If you already hold SOL in a compatible wallet, you may be able to skip this step. Always double-check the receiving address before sending funds to avoid errors or losses.
Step 3: Select a Validator
If you are staking through a non-custodial wallet, you will need to choose a validator. Look for validators with high uptime, low commission fees, and a strong performance history. Choosing the right validator can help maximise your staking rewards while reducing the risk of underperformance.
Step 4: Start Staking
Follow the on-screen instructions to delegate your SOL tokens. Most wallets and exchanges have a simple interface that walks you through the staking process. Once confirmed, your tokens will be locked, and you will begin earning rewards based on the validator’s performance and your staked amount.
Step 5: Monitor Rewards
After staking, keep an eye on your validator’s activity and your reward balance. If you notice lower-than-expected returns, consider switching to a different validator. Staying informed helps ensure that you continue to earn optimally and avoid potential issues that could impact your passive income.
How Are Solana Staking Rewards Taxed?
Staking rewards are generally treated as income at the time you receive them. This means you may need to report the fair market value of the SOL rewards on the day they are credited to your wallet. The exact tax treatment depends on your country’s rules, but most regions require this income to be declared for personal or investment taxes.
If you later sell your staked rewards, you may also owe Capital Gains Tax on any profit you make from the time you received them. Keeping accurate records of each reward’s value and date is essential. This can become complicated over time, especially with frequent rewards, so using KoinX can help automate tracking and reporting.
Conclusion
Staking Solana is one of the easiest ways to earn passive income while supporting the network’s health and decentralisation. Whether you prefer full control through a wallet or the simplicity of a centralised platform, there are several great options to suit different experience levels and staking goals.
If you are earning SOL rewards regularly, tracking them manually can become tedious and prone to errors during tax season. KoinX helps automate this entire process by calculating the value of your rewards, tracking your transactions, and generating accurate tax reports in a few clicks. Sign up with KoinX today and simplify your crypto tax reporting.
Frequently Asked Questions
Can I Stake Solana on a Crypto Exchange?
Yes, platforms like Kraken allow you to stake Solana directly. Exchanges are convenient for beginners and handle validator selection and reward distribution. However, you give up control over your assets, which introduces some custodial risk compared to using non-custodial wallets.
Is There a Minimum Amount to Stake SOL?
Most non-custodial wallets do not have a strict minimum, but small amounts may earn negligible rewards. Exchanges like Kraken also have low or no minimum requirements, making it easy for anyone to start staking regardless of how much SOL they own.
Are My Staking Rewards Guaranteed?
No, staking rewards can vary based on validator performance and network conditions. While staking provides predictable returns compared to trading, factors like downtime or network changes can affect your earnings. Choosing a reliable validator helps ensure more consistent rewards over time.
How Often Do I Receive Solana Staking Rewards?
Solana staking rewards are typically distributed every few days. The frequency and timing may vary slightly depending on the platform and validator. Wallet users may see rewards accumulate in their balance, while exchanges often handle payouts automatically based on your staked amount.
