Growing institutional interest in Solana (SOL) is accelerating as market participants anticipate potential ETF approvals and embrace the emergence of Liquid Staked SOL (LsSOL). This dual catalyst is transforming the asset’s staking ecosystem and broadening its appeal among professional investors.
Liquid Collective has launched LsSOL in partnership with institutional custodians Coinbase and Kraken, providing compliant staking solutions tailored for enterprises. The product addresses pent-up demand while unlocking capital efficiency, particularly as approximately $21 billion in SOL remains unstaked across the network. Jito currently leads the staking segment with 14% market share of staked SOL.
Coinbase’s Head of Institutional Research Lewis Han confirmed the integration of LsSOL into the Prime platform, positioning it as a core component of comprehensive institutional staking services. This strategic move coincides with multiple Solana ETF applications currently under regulatory review in the United States.
Market analysts now assign a 95% probability to Solana ETF approvals occurring within the year, a development poised to trigger substantial capital inflows and ecosystem expansion. Such approvals would significantly elevate SOL’s institutional accessibility and market presence.
Liquid Collective’s Solana expansion reflects an industry-wide shift toward multi-chain staking support. This evolution enhances security protocols and regulatory compliance frameworks while meeting institutional requirements for diversified blockchain exposure.