Blockchain networks rely on active community participation to remain secure and decentralized. One of the most accessible ways to contribute to a network is through staking, where token holders delegate their assets to validators who maintain the network.
For Solana, staking helps keep the network fast, reliable, and resilient. This guide will walk you through what NOW Wallet is, why staking Solana matters, and the exact steps you need to start staking SOL from your phone.
About NOW Wallet
NOW Wallet is a non-custodial mobile wallet that supports many digital assets, including Solana, Ethereum, and Bitcoin. Being non-custodial means users keep control of their private keys at all times, unlike exchange-based services, where a third party handles custody.
Key features include:
- Multi-chain support: Store and manage multiple cryptocurrencies in one place.
- User-friendly design: Simple setup and navigation, even for beginners.
- Integrated staking: Delegate tokens directly within the wallet interface.
- Security first: PIN protection and local key storage ensure you remain in control.
Why Stake Solana?
Solana is known for its high throughput, low fees, and expanding ecosystem of decentralized applications. Its Proof-of-Stake mechanism depends on validators who keep the blockchain secure and operational.
By staking your SOL tokens, you:
- Support decentralization: Strengthen the network by helping validators maintain consensus.
- Contribute to security: Validators rely on delegated stake to prevent malicious behavior and ensure uptime.
- Stay engaged in the ecosystem: Staking is a direct way to participate in Solana’s long-term development.
Unlike transferring funds, staking keeps tokens in your control. They are delegated, not moved, so you maintain ownership while participating in the network.
Step-by-Step Guide
Follow these simple steps to stake your SOL tokens:
- Install NOW Wallet from the official download page.
- Accept Terms of Service and Privacy Policy.
- Create a wallet and securely back up your recovery phrase, or tap Import if you have an existing wallet. Non-custodial means you control the keys.
- Create and confirm a PIN to protect local access to the app.
- Wait till the wallet will be restored.
- In the wallet, go to SOL and tap Stake. You’ll see a staking screen where you can select token and a validator.
7. Select Everstake as your validator and enter your stake amount (leave a little SOL for fees). Tap Stake to submit your delegation.
8. Track status and rewards in the SOL staking view.
Conclusion
That’s it, you’ve delegated SOL from a non-custodial wallet and are helping secure Solana while earning rewards. Expect your first rewards after the next epoch (generally within 2–4 days). You can later redelegate or unstake from the same staking screen.
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Everstake is a software platform that provides infrastructure tools and resources for users but does not offer investment advice or investment opportunities, manage funds, facilitate collective investment schemes, provide financial services, or take custody of, or otherwise hold or manage, customer assets. Everstake does not conduct any independent diligence on or substantive review of any blockchain asset, digital currency, cryptocurrency, or associated funds. Everstake’s provision of technology services allowing a user to stake digital assets is not an endorsement or a recommendation of any digital assets by it. Users are fully and solely responsible for evaluating whether to stake digital assets.
