News View Non-AMP

Solana Liquid Staking Could Surge to $18B on Retail Adoption, Price Rally to $160?

Published by
Mustafa Mulla

Solana, one of the fastest-growing cryptocurrencies, has been gaining significant attention from both investors and traders. A new report from Bybit Research suggests that Solana’s liquid staking could explode in value, potentially growing fivefold to $18 billion, driven by increased retail investor interest.

Solana Liquid Staking Could 5X to $18B

Solana’s liquid staking could be on the verge of massive growth, with Bybit Research predicting a potential surge to $18 billion. Unlike traditional staking, where tokens are locked, Solana’s liquid staking lets investors receive a liquid version of their assets. 

These assets can then be used across various decentralized finance (DeFi) platforms, providing greater flexibility.

Currently valued at $3.8 billion, Solana’s liquid staking could grow fivefold if retail investors continue to adopt this strategy. This increased liquidity and efficiency may make Solana an even more attractive investment in the fast-evolving crypto market.

Retail Investors to Drive Liquid Staking Growth?

According to Bybit Research, retail investors could be the key to Solana’s liquid staking expansion. The report highlights that exchange-backed liquid staking tokens (LSTs) will bridge the gap between casual users and Solana’s DeFi opportunities. 

Bybit has already launched bbSOL, the first LST on Solana, placing itself at the forefront of this trend.

Retail investors are expected to be attracted by the flexibility of liquid staking. Unlike traditional staking, where tokens are locked, LSTs provide liquidity and can be used in other DeFi applications. This ease of access makes liquid staking more appealing to a broader range of investors.

Solana’s Price Rally to $160?

As liquid staking grows, Solana’s price could also see a significant increase. Currently trading around $132.6, with a market cap of $61.93 billion, Solana’s price has dropped slightly by 1.5%. However, technical indicators show a bullish outlook. 

If Solana breaks above the $146 resistance level, it could rally toward $159, marking a strong move upward. On the flip side, a drop below $128 could push the price down to $120 or even $115 in a worst-case scenario.

Also Read: Top 5 Promising Crypto Projects of 2024 : Hamster Takes the Lead

Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Recent Posts

Top Altcoins to Consider Before Bitcoin Price Revives a Rise Back to $100K

Bitcoin price is closely correlated with many altcoins that closely follow the trend. These altcoins…

April 25, 2025

How a New Pi Coin Seller is Listing 3 Coins for $314,159 Each on OKX

Pi Coin (PI) is currently trading at $0.65, up slightly by more than 1% at…

April 25, 2025

PEPE Price Prediction 2025, 2026 – 2030: Can Pepe Memecoin Reach 1 Cent?

Story Highlights The live price of the PEPE meme coin is . Pepe coin price…

April 25, 2025

Bitcoin Whale Profits $4.7M from 50 BTC Mined 15 Years Ago

A Bitcoin whale just woke up, moving 50 BTC mined over 15 years ago, now…

April 25, 2025

Mercari’s Mercoin Exchange Rolls Out XRP Trading with Wallets Starting at 1 Yen

Mercoin, a Japanese crypto services provider and subsidiary of Mercari Inc., has recently expanded its…

April 25, 2025

Bitcoin Price Prediction for Today: Will the BTC Price Reclaim $94,000 Before the Day’s Close?

The crypto market displayed a blend of bullish momentum and sector-driven outperformance, signaling a potential…

April 25, 2025