How to stake Solana (SOL) in 2025: A step-by-step guide for beginners
Solana is a blockchain network that utilizes proof-of-stake (PoS) and proof-of-history (PoH) mechanisms, allowing users to stake its native currency, SOL, for rewards. Staking involves locking SOL in a wallet and delegating funds to a validator, who processes transactions and votes on proposals. Rewards are distributed every two days. Two staking methods exist: native staking, which is less flexible but simpler, and liquid staking, which retains liquidity for DeFi applications. Staking rewards in the U.S. are subject to taxes. To stake, users need a compatible wallet like Phantom, where they can create an account, fund it with SOL, and choose a staking method. Unstaking involves selecting the validator or liquid staking provider and following the respective steps. While staking is generally safe, it carries risks, and users should assess their risk tolerance before participating.