Best Places to Stake SOL | Users Weigh In on Top Options
Edited By
Cathy Hackl
A growing number of people are exploring the best platforms for staking SOL. Currently recommended options include Solflare, Phantom, and Coinbase, but some enthusiasts are pushing the benefits of lesser-known alternatives. Could there be better options out there?
Current Staking Favorites
Comments from various user boards reflect a mix of experiences and recommendations. Notably, Solflare remains a popular choice due to its ease of access, while some users highlight:
Ledger's Native Staking
Users praised Ledger's native staking via Helius, boasting a 0% commission and 100% MEV rewards. "You can unlock in one epoch," said a user, emphasizing its efficiency.
JUP SOL's Zero-Fee Staking
Others are raving about JUP SOL, a Liquid Staking Token (LST). A user commented, "It's great because it’s a zero-fee stake, no locking periods."
Validation Recommendations
When it comes to validators, many are recommending u/cogent_crypto and u/orangefinventures.
0% Commission
Their 0% commission on staking rewards has caught many users' attention. According to one user, "The current APY is around" but specifics were not detailed.
Flexibility with JUPSOL
The conversation around JUPSOL highlights its appeal, especially during price fluctuations. Users point out that it can be easily exchanged for USDT whenever they wish to pull out. One person remarked, "I could sell the JUPSOL when I want to exit, right?"
"Exactly! JupSOL is the best!" - Enthusiastic user comment
Staking Sentiment
Sentiment towards different staking options seems mixed with many leaning positively towards zero-fee options while valuing asset control from native staking.
Some users hint at higher payouts from liquid staking but opt for cold storage for security reasons.
Key Highlights
▽ Solflare still a top choice for many.
🔥 Native Staking offers a solid 0% commission option.
⚡ JUP SOL gains traction for its flexibility and zero fees.
"It's nice to keep full control of your assets in cold storage" - Comment reflecting concerns over centralized platforms
As community discussions evolve, which option will ultimately claim the title of best for staking SOL remains to be seen. With new platforms emerging regularly, it’s essential to keep an ear to the ground for the latest recommendations.