#Write2Earrn 🌟 What is Solana?
Solana (SOL) is a high-performance blockchain platform designed for building fast, scalable, decentralized applications (dApps) and crypto projects.
✅ Key features:
• Very fast: Solana can process up to 65,000+ transactions per second (TPS).
• Low fees: Transactions cost just a fraction of a cent.
• Scalable: It is designed to support large-scale applications like DeFi, NFTs, gaming, and payments.
• Energy efficient: Solana uses a unique combination of Proof of Stake (PoS) and Proof of History (PoH) to validate transactions.
💥 Solana is one of the most popular Layer 1 blockchains, often seen as an alternative to Ethereum, with many dApps, NFT marketplaces, and DeFi protocols being built on it.
⸻
💰 SOL Coin (Solana’s native token)
• Symbol: SOL
• Main uses:
• Pay for transaction fees on the Solana network.
• Stake SOL to help secure the network and earn rewards.
• Used in governance and ecosystem incentives.
⸻
📈 Solana Price (as of June 10, 2025)
👉 The current price of SOL is approximately $162.50 USD.
(Please note: crypto prices change quickly — always check live charts on Binance or CoinMarketCap for the latest price.)
📊 Recent trends:
• SOL has seen strong growth this year, driven by:
• Increased adoption of Solana-based apps.
• Growth in the NFT market and Solana gaming.
• Positive sentiment around Solana’s scalability vs. Ethereum and other competitors.
• Price performance (approximate):
• 1 year ago: ~$55
• 6 months ago: ~$97
• Current: ~$162.50
📌 ATH (All-Time High): $260 (Nov 2021)
Great question! Here’s a simple guide on how to stake SOL to earn passive income:
⸻
✅ What is staking SOL?
Staking means locking your SOL tokens to support the Solana network (validators process transactions and keep the blockchain secure).
In return, you earn staking rewards — like earning interest — paid in SOL.
👉 It’s a popular way to earn passive income while holding SOL.
⸻
🔍 How staking works:
1. You delegate your SOL to a validator.
2. The validator helps run the network.
3. You get a % of the staking rewards, based on how much SOL you staked.
Note: You don’t send your SOL anywhere — it stays in your wallet, but gets locked (you can unstake anytime, but there may be a small delay).
⸻
💰 Current SOL staking rewards (June 2025):
• Approx. 6% to 7% APY (Annual Percentage Yield) — varies by validator.
⸻
🚀 How to stake SOL — Step by step:
🥇 1. Choose a wallet that supports staking:
