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The Liquid Collective ecosystem has launched Liquid Staked SOL (LsSOL) on Solana's blockchain this Wednesday, marking a strategic expansion beyond its established Ethereum staking products. Backed by crypto heavyweights including Coinbase, Kraken, and Galaxy Digital, the new token arrives as US regulators evaluate multiple Solana ETF applications that could reshape the market landscape.
Industry data reveals approximately $21 billion worth of SOL remains unstaked on the network, with liquid staking protocols currently accounting for just 14% of staked assets. The new offering targets institutional investors seeking exposure to Solana's 【9.4 billion】 liquid staking market while maintaining asset liquidity — a crucial consideration as ETF approval speculation intensifies.
——This isn't just about retail investors anymore—— noted Lewis Han from Coinbase Prime, confirming LsSOL integration with institutional custody solutions. The move comes as analytics firms predict potential 【$3-6 billion】 inflows within six months should SEC approve Solana ETFs, with some analysts giving 95% approval odds this year.
While maintaining its $1 billion Ethereum staking operation, Liquid Collective's Solana expansion reflects growing demand for cross-chain staking solutions. Interestingly, the protocol's architecture allows seamless transitions between networks — a feature increasingly valued as institutional portfolios diversify across blockchain ecosystems.
Market observers highlight parallels with Bitcoin's ETF trajectory, where financial products dramatically expanded institutional participation. With seven Solana ETF filings pending, staking providers are positioning themselves as critical infrastructure players — offering compliant yield generation options for what could become mainstream investment vehicles.
As of press time, Solana's liquid staking sector shows unusual activity, with trading volumes spiking 37% following the LsSOL announcement. This development comes weeks after SEC staff clarified that proof-of-stake blockchain staking doesn't constitute securities offerings — removing a key regulatory uncertainty for institutional adoption.