Institutional Interest in Solana Grows Amid Potential ETF Approvals and Rising Demand for Liquid Staked SOL
2025-07-16 13:33:53
Main Idea
Institutional interest in Solana is growing due to potential ETF approvals and the rise of Liquid Staked SOL (LsSOL), which is attracting institutional investors and enhancing the staking ecosystem.
Key Points
1. Liquid Staked SOL (LsSOL) has been introduced by Liquid Collective, partnering with major custodians like Coinbase and Kraken, to meet institutional demand.
2. Approximately $21 billion worth of SOL remains unstaked, with Jito currently dominating 14% of staked SOL.
3. Coinbase's Lewis Han highlighted LsSOL's integration into Prime as part of comprehensive staking solutions, coinciding with pending Solana ETF applications in the US.
4. Analysts project a 95% probability of Solana ETF approvals within the year, which could drive significant capital inflows and market expansion.
5. Liquid Collective's expansion into Solana staking reflects a broader industry shift toward multi-chain staking support, enhancing security and regulatory compliance.
Description
Liquid Collective launches Liquid Staked SOL (LsSOL) to meet rising institutional demand on Solana amid growing interest in crypto ETFs. The new liquid staking token is supported by major custodians
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