Solana

Marinade

Kevin

Summer

Coin

<ul class="news-points"> 
 <li><strong>Solana’s explosive growth and rising SOL price make it a crypto powerhouse.</strong></li> 
 <li><strong>Liquid staking fuels Solana’s success, attracting investors and boosting SOL value.</strong></li> 
 <li><strong>Caution is advised as SOL/USD shows signs of a potential reversal in the bullish trend.</strong></li> 
</ul> 
<p>Solana’s rise in the crypto space is one worth keeping an eye on. Notably, by the end of June, the combined stake of <a href="https://coinedition.com/tag/solana-sol/">Solana (SOL)</a> tokens held by liquid staking protocols Marinade Finance, Lido, Jito, JPool, and Socean reached a staggering $187 million. Besides, this represented a significant surge from the year’s start, when $98 million was staked.</p> 
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   <p lang="en" dir="ltr">Solana Liquid Staking Summer <a href="https://t.co/OH0IOyXo0w" target="_blank" rel="nofollow">https://t.co/OH0IOyXo0w</a></p>— Marinade Finance (@MarinadeFinance) <a href="https://twitter.com/MarinadeFinance/status/1676054845688512513?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">July 4, 2023</a>
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<p>The figures show that these protocols currently hold an impressive 69% of the total value locked within the network, estimated to be around $270 million. Consequently, Solana is experiencing significant growth, both in terms of adoption and price appreciation.</p> 
<h2 class="wp-block-heading" id="h-ripple-effect-of-ethereum-s-shapella-upgrade">Ripple Effect of Ethereum’s Shapella Upgrade</h2> 
<p>However, Kevin Peng, a research analyst at The Block, asserts that the broader crypto space’s growth dynamics might explain the influx into Liquid Staking Der…</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/solana-bulls-record-7-day-high-liquid-staking-surge-boosts-growth/">Solana Bulls Record 7-Day High, Liquid Staking Surge Boosts Growth</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Solana Bulls Record 7-Day High, Liquid Staking Surge Boosts Growth

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