- 10/28/2025
Following the introduction of new software clients, protocol upgrades, and evolving reward structures, staking on Solana has continued to necessitate greater attention to network security, performance optimization, and the identification of novel ways to navigate a fast-changing validator economy.
Staking on Solana is foundational to network infrastructure and long-term scalability.
Validators have numerous responsibilities that help to drive proper governance, maintain the state of the blockchain, and shape the protocol’s future. With the introduction of new technical mechanisms, understanding validator economics has become essential for anyone participating in the larger Solana ecosystem.
Ultimately, delegators benefit from an active staking approach: evaluating validator performance, commission structures, and software diversity to maximize returns and minimize risk. For builders and institutions, validator operations require strategic planning around hardware, uptime, and Maximal Extractable Value (MEV) optimization.
As staking continues to evolve into a high-performance, high-reward activity, the following report helps to illuminate the implications of that shift.
Key concepts:
- Delegated Proof-of-Stake (DPoS): Solana’s consensus model in which users delegate SOL to validators, who, in turn, verify transactions and produce blocks
- Validator Economics: Revenue streams that include inflation rewards, transaction fees, and MEV—each influenced by stake-weight, performance, and software clients
- Client Diversity: The underlying software variety necessary for validator health on-chain; today, over 70% of stake runs on Jito-Agave, but alternative clients like Firedancer and Paladin are primed to change this
What the data shows:
- 67% of SOL supply is staked, with approximately 400 million SOL delegated across an estimated 1,000 validators.
- Validator profitability requires approximately 10,000 SOL in self-stake or 50,000 SOL in delegated stake to break even.
- Hardware requirements for Solana validators are more demanding than those required to run on Ethereum—driven by user demand for faster block times and higher throughput.
- MEV rewards now account for up to 15% of validator revenue, with Jito’s infrastructure optimizing block assembly and filtering malicious activity.
Upcoming changes to watch:
- Solana’s roadmap includes several protocol upgrades that could reshape how staking works. The upcoming Alpenglow consensus algorithm could replace TowerBFT and Proof-of-History, enabling faster finality and the removal of vote fees, ultimately helping to lower validator costs. This change introduces new components like Rotor and Votor, designed to streamline block propagation and consensus.
- Meanwhile, SIMD-0123 would enable in-protocol distribution of block rewards to delegators, improving network transparency. Other proposals, such as SIMD-0286 and SIMD-0370, aim to increase or remove compute limits, allowing high-performance validators to pack more transactions into blocks and earn more fees.
- Validator accountability is also evolving, with new in-protocol mechanisms designed to reward honest validator behavior. Proposals like SIMD-0204 and SIMD-0212 introduce slashing mechanisms to penalize adverse action, offering new opportunities to bring Solana closer to Ethereum’s enforcement model. On the client side, Frankendancer-Jito is gaining traction, with the potential to improve throughput and security. These changes signal a shift toward a more resilient, performance-driven staking ecosystem.
As Solana staking evolves toward a performance-driven model, validator efficiency and responsiveness to protocol upgrades are becoming increasingly important. With new clients and infrastructure improvements positioned to accelerate network speed, reliability, and reward capture, validators must keep pace to remain competitive and attract delegation.
Want to learn more? Explore validator strategies, staking projections, and the technologies shaping Solana’s future.
This information is for informational purposes only and is not intended to provide investment or any other advice and should not be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security or other assets. The opinions provided are those of the authors and not necessarily those of Fidelity Investments or its affiliates. Fidelity does not assume any duty to update any of the information. Fidelity and any other third parties are independent entities and not affiliated. Mentioning them does not suggest a recommendation or endorsement by Fidelity.
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