The Grand Court of the Cayman Islands granted the injunction against Maple Finance completing its own liquid staking token syrupBTC.
In a conversation with CoinDesk, Marinade Labs' Michael Repetny gives an overview of the Solana staking ecosystem and the upcoming Alpenglow upgrade.
Nansen and Sanctum have launched a new liquid staking framework on Solana designed to make staking SOL as easy as swapping a token. The system, dubbed the “universal staking router”, links multiple liquid staking tokens (LSTs) such as mSOL, jitoSOL, and bSOL into one standardized route. Instead of users choosing individual validators or juggling different […]
The post Can Solana’s $11.6B staking reboot pull liquidity from Ethereum’s L2s? appeared first on CryptoSlate.
The introduction highlights a push to tie the XRP ledger into cross-chain liquidity flows, with returns projected at 6%–8% dependent on strategy performance.
On Friday, VanEck, asset manager and cryptocurrency exchange-traded fund (ETF) issuer, announced a new filing for a spot Solana ETF backed by JitoSOL with the US Securities and Exchange Commission (SEC). This marks a significant change from other crypto ETFs as it would be the first fund to utilize a liquid staking token. A New Era For Liquid Staking? JitoSOL functions as a liquid staking token on the Solana blockchain, representing both staked SOL and the rewards associated with it. This structure allows users to stake their SOL through the Jito Network while retaining the liquidity necessary for participation in decentralized finance (DeFi) applications. Consequently, VanEck’s introduction of a new spot Solana ETF could provide investors with new opportunities to benefit from the expected growth of the Solana ecosystem. Related Reading: Why August Could Be Remembered As A Major Trap For Bitcoin And Crypto Market This initiative comes on the heels of new regulatory guidance from the SEC regarding liquid staking activities. Under the administration of President Donald Trump, there has been a concerted effort to position the United States as the global leader in cryptocurrency. The Securities and Exchange Commission’s recent shift in approach reflects this vision, as it aims to clarify the regulatory landscape for the broader digital asset market, a significant departure under former Chair Gary Gensler. Nine Solana ETF Applications Await SEC Green Light In August of this year, a coalition of influential organizations, including Jito Labs, VanEck, Bitwise, the Solana Policy Institute, and Multicoin Capital Management, submitted a joint request to the SEC seeking approval for liquid staking in Solana ETF applications. The letter emphasized the operational advantages that liquid staking can offer for potential Solana ETF issuers, such as enhanced network security through increased staking participation, a wider array of investment options for market participants, and potential new revenue streams for ETF providers. With at least nine Solana ETF filings currently awaiting SEC approval, it’s clear that interest in this area is on the rise. Significant progress toward approval was signaled two months ago when VanEck’s first spot Solana ETF appeared on the Depository Trust & Clearing Corporation’s website under the ticker VSOL. Related Reading: How High Can Shiba Inu Climb In 2025? Analyst Gives Candid Outlook Importantly, the SEC has also signaled that, under specific conditions, activities related to liquid staking may not fall under the definition of securities as outlined by the Securities Act of 1933 and the Securities Exchange Act of 1934. Paul S. Atkins, the newly appointed SEC Chairman, underscored the agency’s commitment to providing clear regulatory guidance for innovative financial practices. He described the staff statement on liquid staking as a crucial measure for defining which crypto asset activities lie outside the SEC’s jurisdiction. On Friday, VanEck’s new spot Solana ETF application caused SOL’s price to surge by double digits, recording a 10% increase in the 24-hour period that brought the cryptocurrency close to the $200 threshold. Featured image from DALL-E, chart from TradingView.com
Lombard is attempting to make the world's original cryptocurrency into a more productive asset for DeFi functions
Lido and ethena surged double digits Friday as both tokens look to return to last week's highs.
The DEX takes over Hyperliquid’s second-largest liquid staking token, part of an ecosystem where staking makes up more than half of $2.26 billion in TVL.
The shift points to a staking ecosystem that is maturing. For Ethereum, this diversification may be a sign of improved blockchain health.
Regulatory clarity fuels surging prices across Ethereum’s staking ecosystem, with layer-2 tokens and optimistic rollup projects posting double-digit weekly gains.
The SEC’s new guidance on liquid staking boosts governance tokens like LDO and RPL, while TVL across protocols holds steady at $67 billion.
The SEC's latest staff statement — which isn't binding guidance — addresses certain aspects of liquid staking.
The hacker could only swap $25,000 worth of the token due to low liquidity.
Proposal comes as ETH surges 30% on Pectra upgrade, boosting attention on Ethereum-native protocols.
Lido staking requests on Polygon are no longer available but users can still withdraw their staked MATIC through the Lido interface on Polygon up until June 16, 2025.
While liquid restaking provides more utility for staked tokens, it also comes with its own risks, like the depegging and price volatility for derivative tokens.
Solana-based restaking and liquid staking could follow the explosive growth trajectory of Ethereum’s liquid staking ecosystem.
Bybit launches bbSOL, a liquid staking token on Solana, enabling users to earn staking rewards while maintaining liquidity and maximizing returns.
Ether restaking is a “robust financial tool,” but investors need to understand the number of loops they are adding.
The BNB Chain core development team said the move aims to streamline the network and improve efficiency.
Built from EigenLayer, Puffer Finance's TVL has gone over $1.2 billion, a month after its initial testnet phase.
The post Puffer Finance secures $18M in funding as liquid staking market heats up appeared first on Crypto Briefing.
DeFi is a game of narratives. However, these narratives are constantly changing, and the trends within them continuously evolve. Keeping up with the latest trends requires in-depth knowledge of what these narratives are and how they rapidly evolve in the crypto market. This analysis is based on data from Dune Analytics, specifically from @cryptokoryo, who […]
The post Shifting DeFi narratives: Memes soar as wallets position for dominance appeared first on CryptoSlate.
The "restaking" protocol with $15 billion in deposits won't pay rewards to depositors and is missing its mission-critical "slashing" feature.
On Tuesday, STFIL, a liquid staking platform for Filecoin (FIL), announced that its team is allegedly under investigation by local Chinese police. The platform’s FIL tokens had been moved to an unknown address outside the team’s control. The incident, now being investigated by the Filecoin Foundation, raised many concerns as investors wonder about the fate […]
The proposal, initially introduced in February, could harden Ethereum's native cryptocurrency, ether, as as a form of money – by reducing the inflation of new supply. But some members of the community say if it's not broke, don't fix it.
The $600 million worth of Ether will be restaked on EigenLayer.
A big selling point of blockchain networks is that they are "decentralized." But just a few validators, including those run by Lido, have gradually amassed a lion's share of the power over the dominant smat-contracts blockchain, Ethereum. One idea is to decentralize the validators themselves.
Marinade's market cap is dwarfed by Jito, though, despite being a bigger crypto ecosystem.
The total amount of capital locked or staked across all decentralized finance (DeFi) protocols reached $50 billion on Tuesday, the most in six months.
The release will be the second core product in the Mantle ecosystem, and comes just six months after the Mantle Network, a layer-2 network atop Ethereum, went live.