SOL (Solana) staking enters a new era with the launch of VEST Mining's cloud mining platform, which allows users to stake SOL, BTC, ETH, and DOGE through automatically generated contracts for passive income. According to VEST Mining data, daily dividends from different contract levels can reach up to $35,600.
On October 19, Grayscale released a research report on Solana, stating that Solana leads in users, transaction volume, and transaction fees—key metrics for measuring blockchain activity. The Solana ecosystem generates approximately $425 million in monthly fees, with annual revenue exceeding $5 billion. The report highlights that Solana provides fast, inexpensive transactions and an engaging user experience, with average transaction fees as low as $0.02 since the beginning of the year. Grayscale also notes that SOL's supply grows at about 4% to 4.5% annually, while stakers earn an annual nominal return of around 7%, resulting in a "real" (inflation-adjusted) return of about 2.5% to 3%. If the network continues to develop with more users, transactions, and fees, Grayscale believes the price of SOL could rise.
Cloud mining, as offered by VEST Mining, allows users to mine cryptocurrencies without setting up their own hardware. Professional mining companies operate large data centers, and users purchase contracts to participate. This eliminates concerns about equipment purchase, maintenance, electricity costs, and noise. To start with VEST Mining, users need a valid email and password. They can claim a $15 startup bonus, choose a contract plan, and begin mining. VEST Mining also offers a three-level affiliate program: first-level referrals earn 3% commission, and second-level referrals earn 1.5%. Additionally, a VIP program provides cash rewards: VIP Level 1 earns $50, and VIP Level 5 earns $2,000.
VEST Mining's reward plans cater to different investment levels: Free Plan ($15 investment, $0.6 net profit), Novice Experience Plan ($100, $7 net profit), Primary Plan 1 ($600, $60 net profit), Primary Plan 2 ($3,200, $1,013.76 net profit), Intermediate Program ($12,000, $8,256 net profit), and Ultimate Plan ($300,000, $374,400 net profit). The platform, established in 2022 and headquartered in the UK, claims to have obtained Financial Crimes Enforcement Network (FinCEN) certification, ensuring a secure and compliant environment. Users can join via the official website at vestmining.com.
This content is for educational and informational purposes only and does not constitute personal financial advice. Cryptocurrency markets are volatile and involve significant risk; past performance is not a reliable indicator of future results.
