Coinbase can now stake Solana crypto coins
— Rewards, Platform, Past thirty days, Mechanism allows, Four days, Secure, Solana, Stake networks, Versatile amountscoinbase, Process transactions — 1 min read
Cryptocurrency exchange Coinbase has enabled staking advantages for Solana (SOL) Users can earn passive yield of 3.85% by holding their SOL within the Solana network through their Coinbase accounts. Staking may be a method during which cryptocurrency holders will lock up their coins or tokens in a very blockchain network for a period of your time in exchange for yield rewards, which are love interest. Users staking coins in ETH, Cardano, Tezos, Polkadot, Cosmos, and Solana must lock up funds earlier than the approaching Merge upgrade. Solana is currently down regarding 3% nowadays at a value below $35, as of this writing. It’s equally down about 3% over the past week, and down 22% over Source