Liquid Collective has unveiled Liquid Staked SOL (LsSOL) on the Solana network, responding to rising institutional interest. The partnerships with firms like Coinbase and Kraken aim to simplify access to LsSOL for professional investors.
Currently, approximately $21 billion in SOL is unstaked, and only 14% of it is engaged in liquid staking, indicating a significant opportunity for growth in this area.
Analysts forecast a 95% probability of Solana ETF approvals this year, which could lead to $3 billion to $6 billion entering the market within six months, significantly impacting the crypto landscape.
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