Best Methods Οn How Τo Earn Solana Coins Fast

How Can I Get Solana Coins Fast?

Last Updated January 26th 2022
13 Min Read

Solana (SOL) Coins are one of the highly demanded cryptocurrencies when trading volumes are considered. In this article, Trading Education will present several methods on how to earn Solana Coins fast. In the long term, this will embolden you to get to know the best methods on how to earn Solana (SOL) fast. 

Solana reached an all-time high price of $260.06 on 6th November 2021, which translated to returns of more than 17,000%. This changed the perception of traders and investors about SOL as well as the entire Solana Project. 

Such a percentage means that anyone that invested $1,000 in SOL in January last year and sold at the right time would have seen their capital raise to $172,225 in 10 months. 

Several crypto analysts and experts have made bullish forecasts about SOL in 2022 and beyond. 

Analysts at Wallet Investor believe Solana (SOL) could have an average trading price of $312.99, the lowest possible price of $266.60, and the best possible price of $356.61 by the end of 2022

This means that investing in Solana now could see you with at least 272.05% returns in a year. 

Such an estimate by a reputable portal is the reason why there is a growing interest in SOL tokens. 

The keyword “how to get SOL tokens” yielded 15,000,000 (15 million) results on Google in 0.56 seconds

It is understandable that “Solana” continues to trend on groups and forums in social media platforms (Twitter, Facebook, Telegram, and Reddit). 

Some of the questions that continue to trend include but are not limited to how do I get SOL tokens, what are SOL tokens, how do you get Solana for free, where can you buy SOL crypto, how do you get Solana coins for free, and can you mine Solana crypto?

Although all questions are relevant, one question that Trading Education will like to help you find an answer to is, what are the best methods on how to earn Solana Coins Fast?

At the time of writing, the number of cryptocurrencies in the crypto finance space is more than 17,100

This means that anyone with an amount of money to risk can invest in Solana (SOL) in the short, medium, and long term

Therefore, you should stop dreaming about owning SOLs, and take steps to own at least one. 

This article is going to provide you with at least five (5) legal ways you can earn Solana Coins fast.

How Can I Earn Solana Coins Fast? 

Below is a list of the best methods on how to earn Solana (SOL) coins fast. 

  • Get Paid in Solana (SOL).
  • Lend Solana (SOL) for Profits. 
  • Earn Solana (SOL) through Promotions. 
  • Solana Staking. 
  • Solana Trading.


Why Solana Coins? 

Before zooming straight into the best methods on how to earn Solana coins fast, it will be in your interest to get to know more about the Solana project. 

Why Solana? Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. 

To put it simply, Solana is a protocol designed to facilitate the creation of decentralized protocols and applications (DAPPS). 

The idea was conceived in 2017 but the official launch of the protocol was in March 2020. 

Solana was founded by Anatoly Yakovenko and Greg Fitzgerald. The project has the aim of making decentralized finance available to all, especially, the underbanked and unbanked.

What Are Some Of The Benefits Of Owning Solana Coins? 

1. Huge Growth Potential

Solana is still a novelty when compared to crypto projects Bitcoin, Litecoin, Dogecoin, and Dash. 

It is still a relatively newer concept in smart contract blockchains when compared to EOSIO, Stellar Network, Ethereum, Cardano, Binance, and Tron

The project has been around for 22 months (March 2020 to January 2022). 

Despite such little experience, the Solana Network and its native asset, SOL, have achieved more in utility and market value respectively. 

A great example of this can be attributed to the more than 500 decentralized applications on the Solana Ecosystem that continue to bring huge liquidity to SOL. 

In addition to this, as of the time of writing, the market capitalization of Solana was $30 billion. This categorizes SOL as a top 10 digital asset and a large-cap asset since its valuation is more than $10 billion

What’s more, as of 23rd August 2021, SOL has recorded at least $1 billion in daily trading volume.

The Solana Ecosystem continues to be busy when development activity is assessed. 

Aside from this, the largest digital asset management firm globally, Grayscale, has launched a Solana Trust

This means that in the not-so-distant future, the creation of more DAPPs, and adoption of the SOL tokens as an investment instrument by institutional investors could reflect positively on the valuation of the entire project.

2. Provides Passive Income

Several exchanges that support the trading of Solana (SOL) such as Coinbase, OKEx, and allow their customers to earn annual percentage yields from staking. The rate ranges from 5% to 7%

Aside from staking, you can earn huge gains from taking a stake in the Solana ecosystem. 

News always affects the price of digital assets positively or negatively. 

A great example can be attributed to the launch of the Grayscale Solana Trust

SOL opened on 30th November 2021 at $204.23, and increased to a day high of $218.34 when the news was priced in (in a few hours, SOL increased by 6.90888%). Experienced traders made passive income by taking advantage of the news. 

In addition to this, holding onto your SOL tokens for long-term gains can bring you massive returns. 

Solana returned more than 17,000% in 2021 and 83.944% from 1st October to 1st December 2021.

Research shows that all long-term holders of cryptocurrencies make at least 200% gains. 

HODL your SOL tokens and consistent passive income will become the norm. 

3. Draws You Closer to the Decentralized Finance (DeFi) and Non-Fungible Token (NFT) Market

According to the Dapp Radar Q3 Report, the DeFi space got extremely competitive as Avalanche, Terra, and Solana consolidated as DeFi players. 

Currently, there are $8.01 billion in total value locked on Solana. 

At the time of writing, the total value locked in DeFi was $92.36 billion. 

In a space largely dominated by Ethereum, for Solana to have 11% of such a market is quite impressive.

By owning Solana, you will get to know some of the decentralized lending, yield aggregation, and exchanges

Moreover, you will also get to know some of the NFT Marketplaces that pour more liquidity into the SOL token.

4. Cheaper Way of Paying for Online Services

SOL has one of the fastest blockchains in the space. 

Processing a minimum of 1,000 transactions per second and up to 50,000 transactions per second during network congestion, using SOL comes with an average transaction fee of $0.00025

This makes SOL one of the cheapest cryptocurrencies to use in your daily financial life. 

Owning SOL gives you value for money. 

Now that you know what being an SOL owner can bring you, let us analyze some of the methods you can employ to make Solana Coins fast.

Read Also: Could Solana Be a Millionaire Maker Coin?

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Best Methods On How To Earn Solana (SOL) Coins Very Fast

1. Get Paid in Solana (SOL)

One of the fastest and easiest ways to earn Solana coins is to work and get paid in SOL. 

Many years ago, you couldn't work and get paid through the bank. This is what brought about the term day laborers since they took their wages right after work. 

Fortunately, the advancement in technology has made it possible for people to work from all corners of the globe. 

With the introduction of technology came financial technology (FINTECH) which brought SWIFT into cross-border payments. 

At the moment, more than 50% of individuals and companies you work for will ask if you are interested in being with cryptocurrencies. 

Depending on the type of digital currency you want, you can send your wallet address to the interested party and payments will be facilitated within minutes. 

What’s more, there are no hidden fees so you stand a chance of getting the full worth of the work performed in a given period.

Many people have asked the question, what are the gigs or jobs that can pay me with cryptocurrencies such as Solana? 

You can go through freelance and outsourcing marketplaces such as Craigslist, People Per Hour, Indeed, Monster, ZipRecruiter, Upwork, Giggrabbers, goLance,, and Freelancer among others. 

On the platforms, you can build great professional relationships with particular clients which can turn into personal relationships. 

You can then work for them directly without needing those platforms as intermediaries.

Once you are done, if they are open to paying you through cryptocurrency, you can send your wallet address, and see the payment reflected in your account.

You not only get paid for your service but find a legal way of earning Solana (SOL) coins.

2. Lending Solana (SOL) for Profits

As a fan of the Solana project, you will realize that the protocol has a huge ecosystem. This means that there are decentralized applications (DAPPS) that rely on automated market makers (AMMs). 

Some of the DAPPS under such a category are decentralized lending, exchange, and yield aggregation

You should know that there are more than 500 applications on Solana’s blockchain. 

Forty-One (41) of them are decentralized exchanges (DEXs), 29 are AMMs, and 116 are DeFi assets.

This means that you have more than 150 separate liquidity pool markets that can help you make consistent passive income through staking. 

Go through the liquidity provider pools (LPP). Choose from the list the one with the best annual percentage yield (APY). 

Decide on the number of SOL tokens that can help you make enormous earnings. Once you make gains at the end of the period, you can then invest the profits to buy more SOL coins

Another way to lend Solana for profits is to find a decentralized finance expert, a blockchain technology enthusiast, who is also a cryptocurrency trader

With such expertise, you can lend them the worth of let’s say four (4) Solana tokens trading for $230

This means that you will lend that person ($920) to trade on your behalf. 

Once the trader takes advantage of multiple percentage swings through bullish days and bearish seasons, you can see profits at the end of a period. 

You can invest in Solana with the gains with the hope of earning more and buying more Solana coins.

3. Earn Free Solana (SOL) Coins through Promotions

Do you know that thousands of Solana tokens are being given away in December? 

You can earn tens, hundreds, or thousands of SOL if you know where to search for them. 

This is the primary reason why you should not take your eyes off the cryptocurrency market. 

There is more to the space than the price, trading volume, and market capitalization of digital assets.

There is a total of 35,000 SOL airdrops that will be given away in the first ten (10) days of December. 

Starting from Friday, 3rd December to Friday 10th December 2021, Huobi Global, one of the cryptocurrency exchanges that support the trading of SOL, embarked on an Airdrop. 

An airdrop in crypto finance is a distribution of a cryptocurrency token or coin, usually for free, to numerous wallet addresses. 

You must be a verified Huobi Global customer. 

Aside from this, you will have to complete a quiz. 

You will have to invite one friend to the token giveaway. 

After that, you will submit your details to the giveaway page. 

A pool of 22,750SOL tokens was shared by lucky participants that were chosen randomly.

Another 10,000 SOL airdrop also commenced on Friday, 3rd December. 

The SOL tokens were being given by Tokocrypto to their loyal customers. The requirements pointed out for Huobi Global are the same for Tokocrypto. 

The only difference is the number of SOL tokens that will be given away.  

Tokocrypto provides a pool of 8,250 SOL that was shared by lucky participants chosen randomly.

There are millions of people that missed out on several airdrops in 2021. 

This could be the time for you to earn Solana coins fast. 

Aside from these, you should watch out for certain websites that provide affiliate programs. 

Some of these platforms will let you watch videos, read articles, and provide comments to certain articles. 

Most often, some organizations let people write testimonials and great positive reviews about them in exchange for crypto. 

You can take advantage of that and make Solana coins fast and easy.

4. Solana Staking

Staking crypto is one of the best ways to make constant passive income. To many analysts, Staking cryptocurrencies is a way of committing your crypto assets to support a blockchain network and confirm transactions. 

Since staking is common with cryptocurrencies that use the proof-of-stake (POS) model to process payments, Solana is one of the best yielding POS-backed cryptocurrencies you can find in the market today. 

Aside from staking as a liquidity provider (LP) as earlier pointed out under the “Lending Solana for Profits” section, you can stake SOL on several cryptocurrency exchanges. 

In September 2021, Huobi Global launched Solana (SOL) staking. Stakers will earn rewards and enjoy up to 5% annual recurring revenues (ARR). 

This means that if you can leave your $10,000 worth of SOL on Huobi Global for a given period, you can earn $500

You can reinvest this into Solana and get more coins.

Don't Miss: What Will Solana (SOL) Be Worth In 2030?

5. Solana Trading

To many, Solana Trading is the fastest and most popular way of earning more SOL Coins. 

Trading takes place on centralized and decentralized exchanges. You can buy at least one SOL and adhere to the golden rule of trading. 

You can sell your investments off and lock in gains when the asset reaches your price ceiling.

One of the tricks of getting more SOL coins through trading is the conversion of the worth of SOL holdings to stablecoins when there is a bearish outlook of the market. 

Once there are huge dips, you can use your stablecoins to buy more SOL coins. 

If the price of SOL goes up again, you stand a chance of making more gains which can be used to buy more SOL or invest in low-priced coins.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

The Final Take 

Although there are several best methods on how to earn Solana coins fast, you should know that each method is not a sure way to earn Solana coins fast. 

They all come with huge risks as well as rewards. 

As someone wanting to earn SOL tokens, always ask the question, do the rewards associated with using a particular method exceed the risks associated with employing that method?

Stay away from so-called experts that make noise on social media platforms promising huge gains within a short period. 

Factor into account the pros and cons of using your preferred method to earn Solana coins fast. 

Many experts believe that among the several best methods of earning SOL tokens, Solana Trading is the best. 

You must not put all your eggs in one basket. 

You should find a way to profit from Solana Lending, Solana Staking, Getting Paid with Solana, and Solana Promotions. 

With that said, in the event, you decide to earn SOL through trading, we would like to recommend eToro

On eToro, you can take advantage of their virtual accounts. 

This will help you learn with virtual funds up to $10,000 before risking real funds on a live account. 

Take a stake in the entire cryptocurrency and decentralized finance market and passive income will always flow through your bank account. 

eToro – The Best Platform To Buy Solana

eToro have proven themselves trustworthy within the Crypto industry over many years – we recommend you try them out.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Read More:

Why Is Solana (SOL) So Cheap

Is Solana Worth Buying?

Why Solana Is Going To Explode

What Will Solana (SOL) Be Worth in 2025?