The supply of liquid staking tokens in Solana's ecosystem has seen a significant surge, with a total market cap of $7.5 billion. Leading liquid staking tokens, including Jito staked SOL, Binance staked SOL, and Marinade staked SOL, have experienced notable increases in the past week. JitoSOL holds the largest market share at 37.6%, followed by bnSOL at 20.2% and mSOL at 14.1%. Other significant Solana liquid staking tokens include jupSOL, sSOL, bbSOL, and laineSOL. However, the total value locked in Jito and Marinade has declined, while the value locked in Binance staked SOL has increased by over 29%. Liquid staking protocols and their associated tokens are becoming more important in the decentralized finance market, as they provide staking services and allow users to earn additional rewards while their assets remain staked.



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