Bybit's latest report: Liquidity staking trends drive the growth of DeFi in the Solana ecosystem, which will help Solana's promotion and popularization

Odaily Odaily News: A new report released by Bybit suggests that the Solana blockchain is undergoing a transformation, with the main driving force coming from its Liquid Staking model. The report analyzes the current status of Liquid Staking on Solana and the market leaders, especially the rise of Liquid Staking Tokens (LST) backed by exchanges, and analyzes how the Liquid Staking model can attract more people to join the Solana ecosystem. As the leading Proof-of-Stake blockchain, Solana became the first choice for memecoins, grassroots projects, and other DeFi protocols in 2024. However, Solana has failed to be included in the mainstream capital market due to its current market size and influence.