📊 Solana Data Insights – Liquid Staking Narrows the Gap With Ethereum
Authored weekly by @ario_57_
Key takeaways from this week’s report:
• LST share of total staked $SOL reaches 10.4%, nearly on par with Ethereum’s 11%
• Total LST supply on Solana doubled in 6 months, surpassing 21M $SOL by the end of April 2024
• $JitoSOL (@jito_sol) leads the market with 17.3M $SOL staked, hitting repeated all-time highs
• $bnSOL (Binance) holds 8.45M $SOL, making it the second-largest LST by TVL
• @sanctumso-backed LSTs, including $INF and $jupSOL, saw rapid adoption with over 203K wallets and 3.7M $SOL TVL, respectively
• Total LST TVL on @Solana exceeds $6B, with CEX-backed LSTs accounting for 23.3%
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