Solana was created in 2017, and its coin SOL has rapidly grown to be one of the largest cryptocurrencies by market cap. This has led to it being one of the most popular coins to stake, and you will find many exchanges that support staking of SOL. With so many options, we did the research to find you the best places to stake your Solana based on rewards (APY), ease of use, and security.
Top Exchanges For Staking Solana in 2026
#1. Binance
Binance is our top recommendation for staking cryptocurrencies like ETH and DOT, and especially Solana (SOL). It offers strong rewards and gives you the flexibility to choose between locked or flexible staking options. Another big advantage is that Binance is the largest crypto exchange in the world by trading volume, so you can easily buy SOL using fiat and stake it on the same platform—no need to transfer it elsewhere.
At the time of writing, staking SOL on Binance can earn you 5.6% APR with a 120-day lock. Other options include 4.5% APR for 90 days, 3.9% APR for 60 days, or 2.99% APR for 30 days. There’s also a separate locked staking option offering 9.05% APR, which is one of the highest rates available.
While Binance is hugely popular for staking globally, it not supported in the US. For readers based in the US, we recommend using our third option instead—Crypto.com—which offers a similar staking experience and is fully accessible to US residents.
Advantages
- Easy to purchase SOL with fiat, and stake right away
- High reward rates with flexible and fixed duration options
- Rewards paid out daily
Disadvantages
- Not available in the US
#2. Bybit
Bybit is the next best choice for staking Solana. At the time of writing, the rewards are 1.81% APR for flexible staking, and you can also lock your SOL for 30 days to receive higher returns of 3.5% APR, or 60 days for 4.0% APR.
Another reason we like using Bybit is because it does not require any KYC verification, which is required on Binance. This means you can remain anonymous, and gain interest on your crypto without anyone being aware of your earnings.
Bybit also has a special offer for our readers, where you can receive $10 FREE Bitcoin when you deposit at least $100. It is simple, you only need to sign up with this link and the promotion will be applied automatically.
US users are not able to access Bybit, but if you are determined to use it, you can use a VPN to get around it. Since you don’t need to prove your identity, if you set your VPN to Australia or Canada you will be able to access Bybit.
Bybit is the next best option for staking Solana, especially if you’re looking for a more flexible setup. At the time of writing, the flexible staking reward for SOL is 1.81% APR. If you want to lock your coins for better returns, you can earn 3.5% APR for a 30-day lock or 4.0% APR for 60 days.
One of the big advantages of using Bybit is that it does not require any KYC verification, unlike Binance. This means you can stay anonymous while gain interest on your crypto, which is a major plus for privacy-focused users.
There’s also a special bonus for our readers—when you sign up using this link and deposit at least $100, you’ll receive $10 FREE Bitcoin automatically.
While Bybit isn’t officially available to US users, it is possible to access it using a VPN, Since KYC isn’t required, setting your VPN to a country like Australia or Canada will allow you to create an account and start staking without any issues.
Advantages
- No KYC required so you can stake SOL anonyously
- Free $10 BTC when you deposit at least $100
Disadvantages
- Not available in the US unless you use a VPN
#3. Crypto.com
Crypto.com is a beginner-friendly mobile app that makes it easy to buy, sell, and stake a wide variety of cryptocurrencies. It’s our top recommendation for US residents and anyone new to staking, thanks to its simple layout and user-friendly experience.
To get started, the first step is to buy Solana. You can do this in two ways: either purchase it directly with a credit or debit card, or deposit fiat into your Crypto.com account and then buy SOL from there. Once you’ve got your SOL, tap on the Earn section in the app menu, select ‘All Tokens’, and find Solana. Enter how much SOL you want to stake, then tap ‘Confirm Stake’ to complete the process.
At the time of writing, you can earn 7.13% APR when staking SOL on Crypto.com, which is a competitive rate and a great option for anyone looking to grow their holdings passively.
Advantages
- High interest rate of 7.13% APR
- Easy-to-use app so you can stake at any time
- Buy Solana and earn interest on it with only a few clicks
Disadvantages
- Only around 28 different coins supported for staking
#4. Kraken
Kraken is one of the leading crypto exchanges in the US, known for its easy-to-use interface, low trading fees, and a solid range of 200 cryptocurrencies. While Kraken removed its staking feature for US users in February 2023, staking is still available for users in other parts of the world, including Solana.
If you’re outside the US, you can stake your SOL on Kraken using either a flexible or bonded option. With the flexible option, you can earn between 3 to 6 percent APY, while the bonded option offers higher rewards ranging from 7 to 11 percent APY.
Kraken is also a great choice if you want to earn interest on multiple coins. You can stake popular cryptocurrencies like ETH, DOT, ATOM, XTZ, ADA, and many more. To see the full list of supported coins and current rates, head over to Kraken’s official site
Advantages
- Basic interface makes it easy to navigate
- Decent reward rates for flexible and bonded staking
- Well-known cryptocurrency exchange
Disadvantages
- Staking is no longer supported in the US
How To Stake Solana?
The easiest way to stake Solana is to use a cryptocurrency exchange listed above, and then follow the steps below:
- Sign up to a crypto exchange (eg: Binance)
- If you already own SOL, then deposit it from your existing wallet or exchange into the new crypto exchange
- If you don’t have any SOL, then deposit fiat currency into your crypto exchange, then use it to buy Solana
- Visit the Earn or Staking section of the exchange and choose Solana
- Select the duration of staking (whether fixed or flexible)
- Choose how much Solana you want to stake
- Follow any prompts to complete the staking process
- You will earn rewards either daily, or after a set time period, based on the exchange and your choice of flexible/fixed term
What is the best APY for Staking Solana?
The reward rates for staking Solana can change over time and depend on a few key factors. These include the crypto exchange you use, how many people are staking at that time, and whether you choose to lock your SOL or keep it flexible.
At the time of writing, the highest available reward is 9.05% APR, which you can earn by locking your SOL on Binance.
Conclusion
Staking your Solana coins is a great way to grow your holdings while you HODL for the long run. Using one of the crypto exchanges mentioned above is a simple and effective way to earn passive income, but be sure to keep an eye on the reward rates, as they can change frequently.
If you’re also thinking about staking other coins, feel free to check out our guides on staking ETH, DOT, ALGO, and AXS. to see which platforms offer the best returns.
Marketplacefairness.org provides all its content for informational purposes only, and this should not be taken as financial advice to buy, trade or sell cryptocurrency or use any specific exchange. Please do not use this website as investment advice, financial advice or legal advice, and each individual’s needs may vary from that of the author. This post includes affiliate links with our partners who may compensate us.
To view our privacy policy read it here.