Solana’s biggest crypto pockets has entered the liquid staking urge, launching its obtain PSOL token.
The marketplace for Solana (SOL) liquid staking tokens gained a recent entrant. On Tuesday, Can also 14, Phantom launched its obtain liquid staking token, PSOL, enabling customers to stake SOL while retaining liquidity to be used in DeFi.
We’re launching our obtain LST: Phantom Staked SOL (PSOL) 👻
Why liquid stake with Phantom?
Easy:
🏆 Affect SOL rewards
🏋️♂️ Preserve liquidity
💜 Make stronger the @solana community pic.twitter.com/vejAarVXmd— Phantom (@phantom) Can also 14, 2025
The liquid-staked PSOL might perchance possibly be readily available straight interior Phantom Wallet, primarily the most traditional pockets app on the Solana community. To incentivize adoption, Phantom has made the staking interface particular person-friendly, even for traders irregular with liquid staking. Users can receive admission to the feature by clicking “Starting up earning SOL” on the Solana token page within the app.
Quiet, customers in some jurisdictions, esteem the UK, might perchance possibly be excluded from the feature due to the guidelines that restrict staking.
Solana’s liquid staking ecosystem sees a immediate upward push
Per Phantom, the transfer into liquid staking is fragment of its effort to toughen the broader Solana ecosystem, which has seen immediate boost in liquid staking over the previous few months.
The total market cap for staked SOL tokens used to be $7 billion in Can also. Jito, Binance, Marinade, and Jupiter liquid staked SOL tokens myth for the bulk of this market. Quiet, the worth of these tokens declined from its all-time high of $10 billion within the final week of January 2025.
Solana is positioning liquid staking as a mode for customers to preserve up liquidity while earning yield and helping stable the community. With liquid staking, customers lock up valid SOL and receive the same quantity in liquid staked SOL, similar to PSOL.
These liquid tokens can then be outdated school one day of DeFi protocols to own extra rewards. On the flipside, issuing liquid staked SOL will increase the efficient circulating supply of SOL, which can also fair exert downward stress on its mark.
