What is SOLANA coin? How to make profits through the SOLANA ecosystem?
Jul 24, 2025 pm 10:09 PMSolana (SOL) is a high-performance public chain that adopts "Proof of History" (PoH) combined with Proof of Stake (PoS), which supports high-throughput, low-cost decentralized application operation. Its native token SOL is used to pay handling fees, staking and governance. 1. SOL can be purchased directly through mainstream trading platforms such as Binance, OKX, HTX, Gate.io ; 2. Participate in network pledge and entrust SOL to verification nodes to obtain stable returns; 3. Provide liquidity pairs such as SOL/USDC in DEXs such as Raydium and Orca to earn transaction fees, but you need to bear the risk of impermanent loss; 4. Lend assets through loan agreements such as Solend to earn interest or mortgage assets to obtain funds; 5. Transaction NFTs on platforms such as Magic Eden or participate in Play-to-Earn chain games, and make profits through bid and offer spreads or task rewards. It is recommended that novices purchase SOL from the exchange and try low-risk pledge. After fully researching and understanding the mechanisms and risks of DeFi, NFT and GameFi, they will gradually participate in advanced strategies, always make prudent decisions based on their own risk tolerance, and continue to pay attention to ecological development to seize new opportunities.
1. What is Solana (SOL)?
Solana is a high-performance public chain project aimed at providing a high-throughput, low-latency decentralized application (DApp) operation environment for global users. It achieves the ability to process tens of thousands of transactions per second through a unique "Proof-of-History" (PoH) consensus mechanism combined with Proof-of-Stake (PoS), and the transaction fees are extremely low. Its native token SOL is mainly used to pay network transaction fees, participate in network governance, and maintain network security through pledge.
Step 2: How to obtain SOL tokens?
The prerequisite for participating in the Solana ecosystem is to hold its native token SOL. For most users, the most direct way is to obtain it through mainstream digital asset trading platforms. At present, the world's leading platforms such as Binance, OKX, HTX and Gate.io provide a wealth of SOL trading pairs, where users can easily redeeate or trade.
3. How to gain profits in the SOLANA ecosystem?
1. Network staking (staking)
This is the most direct and relatively low-risk way to participate in the Solana network. You can delegate the SOL you hold to the validator nodes in the network to help them verify transactions and maintain network security. In return, the network will give you additional SOL as a reward based on the amount and time you staked. This is a relatively stable way to obtain passive income.
2. Participate in Decentralized Finance (DeFi) - Provide liquidity
In the decentralized exchanges (DEXs) of the Solana ecosystem, such as Raydium, Orca, etc., you can become a liquidity provider (LP). The specific approach is to deposit two different tokens (such as SOL and USDC) into the liquidity pool in a certain proportion. Your funds will be used by traders and you can earn a share of the transaction fee. It should be noted that this method has the risk of "impermanent losses".
3. Participate in Decentralized Finance (DeFi) - Lending
You can also deposit your own SOL or other Solana ecological assets into a lending agreement (such as Solend) and lend it to users in need to earn interest. Instead, you can also stake your own assets and lend out other types of tokens to meet different investment or usage needs. This provides more flexibility and potential earnings opportunities for assets.
4. Explore NFT and GameFi
With its low transaction costs and high speed, Solana has become a hot spot for NFT (non-fungible tokens) and on-chain games (GameFi). You can trade in mainstream NFT markets like Magic Eden, buy low and sell high to get the spread. In addition, participating in various "Play-to-Earn" games can also be rewarded in the form of tokens or NFTs by completing tasks or winning matches.
4. Editor's advice
For novices, obtaining SOL from mainstream platforms such as Binance or OKX is the first step to entering the ecosystem. We recommend starting with SOL staking with lower risk and being familiar with on-chain operations and ecological environment. After a deeper understanding, you can gradually try more complex strategies such as DeFi liquidity provision or lending. No matter which method you choose, you must keep in mind the principle of "do your own research" (DYOR), fully understand the mechanisms and potential risks behind each investment method, and make informed decisions based on your own risk tolerance. The Solana ecosystem is still growing rapidly, and keeping learning and attention is key to seizing new opportunities.
The above is the detailed content of What is SOLANA coin? How to make profits through the SOLANA ecosystem?. For more information, please follow other related articles on the PHP Chinese website!

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