A Complete Guide to Stake Solana and Earning SOL Rewards

Many people who hold Solana do not realize that their tokens can generate additional SOL coins while they sleep. Staking is simply the process of putting your cryptocurrency to work by helping secure the network. 

In return for this service, the network pays you rewards. Think of it like a savings account that pays interest, but with higher potential returns. This guide will walk you through everything you need to know about Solana staking. 

We will cover how to stake SOL directly on the Solana network, how to stake on Bitrue exchange, what to do with the new Solana ETF, and how to unstake when you need your funds back. Read more here!

Key Takeaways

• Staking Solana allows you to earn rewards without trading your assets.
• You can stake SOL directly using a wallet like Phantom or through an exchange like Bitrue.
• The Solana ETF offers a regulated way to gain staking exposure without managing technical details.

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What Is Solana Staking?

Solana staking is the act of locking up your SOL tokens to support the operation of the Solana blockchain. The network relies on validators to process transactions and maintain security. When you stake your tokens, you delegate them to a validator of your choice. 

The validator does the heavy technical work, and you receive a portion of the network fees and newly created SOL as a reward. This system is called proof of stake.

There are two main methods for Solana staking. Native staking involves using a non custodial wallet such as Phantom or Solflare. You keep full control of your private keys, and your SOL is locked until you choose to unstake. This method typically takes about two days to unlock your funds.

Liquid staking is the second method. You stake your SOL through a platform like Jito, and in return you receive a liquid staking token such as JitoSOL. This token represents your staked position and can be used in decentralized finance applications while still earning rewards. 

Read also: How to Store SOL in the Best Solana Wallets

How to Stake Solana (SOL) On Solana

Follow these steps to stake SOL directly on the Solana network using a self custodial wallet.

Step 1: Download a Solana wallet

Go to the official Phantom website and download the extension or mobile app. Create a new wallet and securely store your seed phrase offline. Do not share this phrase with anyone.

Step 2: Fund your wallet

Transfer SOL from an exchange such as Bitrue or Coinbase into your Phantom wallet. You can also purchase SOL directly within Phantom using a debit or credit card through integrated partners.

Step 3: Navigate to the staking section

Open your Phantom wallet and click on your SOL balance. You will see an option that says Start earning SOL or similar wording. Click on it.

Step 4: Choose a validator

Phantom will show you a list of validators with their estimated APY and reputation scores. Select a validator that has a good track record and reasonable commission fees. Lower commission means more rewards stay with you.

Step 5: Enter the amount and confirm

Decide how much SOL you want to stake. Enter that amount and click Stake. Confirm the transaction in your wallet. Your tokens will begin earning rewards after the next epoch, which lasts about two days.

Step 6: Monitor your rewards

Your staking rewards will appear automatically in your wallet every epoch. You can choose to compound them by staking the rewards as well.

How To Stake Solana (SOL) On Bitrue

Bitrue offers a simplified staking experience through its product called SOL Power Piggy. This option removes the need to choose a validator or manage private keys. Here is how to stake SOL on Bitrue.

Step 1: Create or log into your Bitrue account

If you do not have an account, sign up on the Bitrue website or mobile app. Complete any required identity verification steps.

Step 2: Deposit SOL into your Bitrue account

Transfer SOL from an external wallet to your Bitrue deposit address. You can also purchase SOL directly on Bitrue using a credit card or bank transfer.

Step 3: Navigate to the Power Piggy section

Go to the Earn or Power Piggy section of the Bitrue platform. Look for the SOL Staking or SOL Power Piggy offer. The current remaining amount and expected annual rate will be displayed.

Step 4: Understand the interest tiers

Bitrue uses a three tier system based on how much BTR you hold in your account. BTR is the native token of Bitrue. If your BTR balance is less than 500 US dollars worth, you receive the base interest rate. 

If your BTR is between 500 and 10,000 US dollars, your annual interest equals the base rate multiplied by 1.034. If your BTR exceeds 10,000 US dollars, your annual interest equals the base rate multiplied by 1.2. 

For example, a base rate of 0.465% could increase to approximately 0.55% with the highest tier.

Step 5: Stake your SOL

Enter the amount of SOL you wish to stake. The minimum amount to join is 0.064 SOL. Click confirm to stake your tokens. Your funds are not locked, meaning you can opt out at any time as long as there is cap opening.

Step 6: Track your rewards

Rewards are distributed daily at 16:00 UTC. Interest generation begins one day after investing. The first interest payment will be made two days after investing. 

If you withdraw funds in the middle of a day, no partial interest will be generated for that day. Interest is calculated between 16:00 and 18:00 UTC daily.

Read also: XRP vs SOL 2030 Forecast: Price & Ecosystem Development

Can the Solana ETF be Staked?

This question requires a careful answer. The Solana ETF itself is a regulated investment product that trades on stock exchanges. You as an investor cannot directly stake the ETF shares because the ETF does not give you custody of the underlying SOL tokens.

However, a new type of product called the Solana Staking ETF has recently launched in the United States. The REX Osprey Sol + Staking ETF, trading under the ticker SSK, holds actual SOL tokens and stakes them through validators on behalf of shareholders. 

The ETF allocates roughly 40% of its holdings to other ETFs and exchange traded products, while the remainder is directly staked as SOL. This structure allows investors to gain exposure to both Solana price movements and staking income through a traditional brokerage account.

The expense ratio for this ETF is 0.75%. When you buy shares of SSK, you do not need to manage private keys, choose validators, or handle unstaking periods. The fund manager does all of that work. 

You receive the net staking yield after fees as part of the fund’s total return. So while you cannot stake the ETF directly, you can invest in an ETF that stakes Solana for you. This answers the question of how to invest on Solana through regulated channels.

How To Unstake SOL

Unstaking your SOL returns your tokens to a spendable state. The process differs depending on how you staked.

Step 1: Determine your staking method

Check whether you used native staking on a wallet like Phantom, liquid staking through a platform like Jito, or exchange staking on Bitrue.

Step 2: For native staking on Phantom

Open your Phantom wallet and go to your SOL balance. Find the active stake account and click Unstake. Confirm the transaction. 

You will need to wait for the deactivation period, which typically takes about two days. Once the period ends, your SOL will automatically appear as available in your wallet.

Step 3: For liquid staking

If you hold a liquid staking token such as JitoSOL, you do not need to unstake in the traditional sense. Simply swap your liquid token back to SOL on a decentralized exchange like Jupiter or Raydium. The swap is instant and does not require a waiting period.

Step 4: For Bitrue staking

Go to the Power Piggy section on Bitrue and find your staked SOL. Click Unfreeze or Withdraw. Since Bitrue offers no lock up, your funds will become available immediately as long as you are not within the daily interest calculation window between 16:00 and 18:00 UTC. 

If you withdraw during that period, your funds will be unfrozen after the calculation completes, and no interest will be generated for that day.

Read also: XRP vs SOL vs ETH - Which Is the Best Long-Term Investment?

The Benefits of Solana Staking on Bitrue

Bitrue provides several specific advantages for those asking if Solana staking is worth it. First, the platform guarantees the safety of your principal and earnings for this offer. This means your original SOL amount is protected while you earn rewards.

Second, there is no lock up period. You can opt out anytime you want. This flexibility is unusual in the staking world, where many platforms require you to lock tokens for weeks or months. You can also opt back in whenever there is remaining capacity for the offer.

Third, the tiered system based on BTR holdings rewards loyal users. If you already hold BTR or are willing to acquire some, you can increase your Solana staking APY from the base rate up to 0.55% annually. While this rate is lower than native staking, the trade off is convenience and immediate liquidity.

Fourth, the minimum amount to join is very low at 0.064 SOL. Nearly any user can participate regardless of their budget. Rewards are distributed daily at the same time, so you can see your Solana earn progress every day.

Fifth, Bitrue handles all technical aspects of staking. You do not need to research validators, monitor their performance, or worry about slashing risks. This makes Bitrue SOL staking an excellent choice for beginners who want to learn how to earn Solana without deep technical knowledge.

Conclusion

Solana staking offers a practical way to generate passive income from your cryptocurrency holdings. You have three main paths to choose from. Native staking gives you full control and the highest potential returns but requires some technical setup and a two day waiting period to unstake. 

Liquid staking provides flexibility by giving you a tradable token while you earn rewards. Exchange staking on Bitrue offers the simplest experience with no lock up and principal protection, making it ideal for beginners.

The arrival of the Solana Staking ETF adds a fourth option for those who prefer traditional brokerage accounts. Each method has its own trade offs between control, convenience, and reward rate. 

The best choice depends on your personal comfort with technology, how quickly you might need access to your funds, and whether you want to manage your own private keys.

FAQ

How often do I receive staking rewards on Solana?

For native Solana staking, rewards are distributed every two days, which is called an epoch. On Bitrue, rewards are distributed daily at 16:00 UTC.

Is Solana staking worth it for small amounts of SOL?

Yes. Even small amounts earn proportional rewards over time. Bitrue allows staking with as little as 0.064 SOL, so almost any balance can participate.

Can I lose my SOL if my validator makes a mistake?

On the Solana network, validators can be slashed for serious misbehavior, but you would only lose future rewards, not your original principal. On Bitrue, the platform guarantees the safety of your principal and earnings for the Power Piggy offer.

What is the difference between Solana Staking APY on Bitrue versus native staking?

Native staking on Solana typically offers between 5 and 7% APY. Bitrue’s base rate is around 0.465% annually, which can increase to 0.55% if you hold BTR tokens. The trade off is that Bitrue offers immediate liquidity and no technical work.

How do I stake SOL on an exchange like Bitrue?

Deposit SOL into your Bitrue account, go to the Power Piggy section, select SOL staking, enter the amount, and confirm. Your funds will start earning rewards the next day.

What are SOL Power Piggy Bitrue features?

SOL Power Piggy is Bitrue’s staking product for Solana. It offers no lock up, daily rewards, tiered interest rates based on BTR holdings, and a principal guarantee. The minimum stake is 0.064 SOL.

Can I unstake my SOL at any time on Bitrue?

Yes. Bitrue does not lock your funds. You can unfreeze and withdraw whenever you want, subject only to the daily interest calculation window between 16:00 and 18:00 UTC.

Does the Solana ETF pay staking rewards?

The new Solana Staking ETF, such as SSK, stakes the SOL it holds and passes the net rewards to shareholders through the fund’s total return. You do not receive separate staking payments, but the fund’s value should reflect both price changes and staking income.

Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.