5 Best Solana Staking Platforms
Want to know where to stake Solana, how to stake Solana & the best place to stake Solana? Check out our Solana staking guide for 2026 for all you need to know.
What are the best Solana staking platforms?
There are many options for staking Solana, from custodial to validator delegation, and plenty of factors to consider, including fees, rewards rates, and user-friendliness. Our expert team has put together the top Solana staking platforms for you to consider.
| Platform | Staking rewards (APY) | Fees | User-friendliness | Additional features |
|---|---|---|---|---|
| Kraken | Up to 9% | Medium | High | Beginner-friendly platform |
| Phantom Wallet | 6% to 6.8% depending on validator | Low | High | Non-custodial, easy setup |
| Solfare Wallet | 6% to 6.8% depending on validator | Low | Medium | Ledger integration |
| Jito Networks | 6.43% | Low | Medium | High-performance validators |
| BlazeStake | Approx 6% | Low | Medium | Auto-compounding rewards |
Let’s take a look in more depth.
Kraken
Staking Solana on Kraken allows you to earn rewards ranging from 7% to 12% APY while contributing to the security of the Solana network. To begin, create a free Kraken account, deposit or purchase SOL, and then stake your SOL through the Kraken platform. Kraken offers a user-friendly experience with no minimum staking requirements, plus a simple interface to buy, sell, and trade SOL. While Kraken charges a small fee, its convenience often outweighs the cost for many users.
Kraken at a glance...
Key features
Custodial
Rewards up to 9%
User friendly
Phantom Wallet
Phantom Wallet is a user-friendly, non-custodial option that allows you to stake SOL directly from your wallet. The rewards vary depending on your chosen validator, so selecting a reliable option is crucial. Phantom’s intuitive interface and strong ecosystem support make it ideal for beginners and experienced users alike.
Phantom Wallet at a glance...
Key features
Non-custodial
Rewards approx 6% depending on the validator
User friendly
Solflare Wallet
Solflare is a non-custodial wallet that supports staking through various validators. With no fees and the ability to integrate with hardware wallets like Ledger, it provides enhanced security for your SOL holdings. This platform is suitable for those who prefer greater control over their staking activities.
Solflare Wallet at a glance...
Key features
Non-custodial
Rewards approx 6% depending on the validator
Relatively user-friendly
Jito Networks
Jito Networks focuses on providing high-performance validators, ensuring maximum uptime and rewards. With no staking fees and reliable infrastructure, it’s a solid option for users who value efficiency and security. This platform appeals to those looking for stable and optimized staking services.
Jito Networks at a glance...
Key features
Non-custodial
Rewards approx 6% depending on the validator
More ideal for experienced investors
BlazeStake
BlazeStake offers decentralized staking with an APY of around 6%. Known for its auto-compounding rewards, BlazeStake helps users maximize their returns with minimal effort. Its transparent and efficient system makes it a popular choice for staking enthusiasts.
BlazeStake at a glance...
Key features
Non-custodial
Rewards approx 6% plus auto-compounding rewards
More ideal for experienced investors
How this list was built
We’ve reviewed the best Solana staking platforms available to investors, focusing on those that operate globally and that offer strong security, product versatility, and asset range. The platforms are not ranked from best to worst as each offers unique strengths, but for easier navigation, we’ve listed them by traffic volume as a proxy for popularity. All are reputable providers, but as with any investment, always DYOR before investing.
Should I stake Solana?
Staking Solana can be a smart move if you’re looking to earn passive income on your holdings while contributing to the security and decentralization of the network. With a variety of staking platforms offering competitive rewards, staking SOL can be both rewarding and straightforward. However, it’s essential to weigh potential risks, such as validator downtime or market volatility, before committing your funds.
How do I stake Solana?
Staking Solana is a simple process that varies slightly depending on the platform you choose. Here’s a general step-by-step guide:
Choose a platform: Decide between a centralized crypto exchange like Kraken or a non-custodial wallet like Phantom.
Transfer SOL: Deposit SOL into your chosen platform or wallet.
Select a validator: If using a wallet, research and choose a reliable validator with a good track record. Skip this step if you’re using a custodial platform.
Start staking: Follow the platform’s instructions to stake your SOL and start earning rewards.
Monitor your rewards: Periodically check your staking rewards and validator performance to ensure everything is running smoothly.
Is staking Solana safe?
Staking Solana is generally safe, especially when you use trusted platforms and reputable validators. However, there are some risks to consider:
Validator risk: If your chosen validator experiences downtime, your rewards may be reduced.
Custodial risk: Platforms like Kraken hold your funds, which could be affected in rare cases of hacks.
Market risk: SOL’s price can be volatile, impacting the overall value of your staked assets.
By choosing reliable platforms and validators, you can minimize these risks and enjoy the benefits of staking Solana.
Don’t forget the tax bill…
Don’t forget, your Solana staking rewards come with a tax bill. You’ll generally pay Income Tax on your SOL rewards, based on the fair market value at the time you receive them (although this does vary depending on where you live, so check out our crypto staking taxes guide).
For investors receiving regular staking rewards, it’s a lot of admin come tax time. Fortunately, you can use Koinly to easily and automatically calculate your tax liability, including identifying the fair market value of any staking rewards on the day you received them in your fiat currency.
