"If You Staked Solana (SOL) on Upbit for One Year, the Return Was 212%"

Last year, investors who staked Solana (SOL) on Upbit for one year achieved a return of 212%. This was 20 percentage points higher than the 192% return from simply holding Solana for the same period.

Staking involves depositing your cryptocurrency to participate in the process of validating new blocks on the blockchain network, for which you receive rewards. Upbit has simplified the complex and cumbersome staking process for investors.

Upbit Staking stakes 100% of the cryptocurrency delegated by users through validators that directly operate on the blockchain network. Users can instantly check the real-time returns of their staked cryptocurrency in Korean won.

Moreover, Upbit does not arbitrarily manage users' cryptocurrency or entrust it to external companies, and it is securely stored in a cold wallet (offline hardware wallet) separated from the internet.

A representative from Dunamu, the operator of Upbit, stated, "More smart investors are enjoying additional rewards by using staking services instead of simply holding cryptocurrency," and added, "Upbit Staking, boasting world-class technology, is striving to support safer and more convenient transactions with years of accumulated expertise."

Meanwhile, Upbit Staking, which officially launched its service in January 2022, has surpassed 3.85 trillion won in participation, and the amount distributed as rewards over three years has reached 146 billion won. Currently, the cryptocurrencies available for staking on Upbit include Ethereum, Cosmos, Cardano, Solana, and Polygon.