Phantom, the most popular wallet on Solana, is stepping into the world of liquid staking.
For beginners and seasoned crypto investors alike, PSOL is an easy way to grow your holdings without giving up flexibility. Liquid staking is gaining momentum across blockchain ecosystems, and Phantom’s native solution puts Solana users in the driver’s seat.
Staking typically requires locking up your tokens for some time. Liquid staking changes that. With PSOL, you receive a token that represents your staked SOL and continues to earn rewards, all while remaining usable across the Solana ecosystem. Here’s what you get with PSOL:
Earn SOL rewards — Your staked SOL works for you in the background.
Stay liquid — Use your PSOL for swaps, DeFi, and other onchain activity.
Support Solana — By staking, you help secure and decentralize the network.
This move from Phantom follows a growing trend in crypto. According to DefiLlama, liquid staking is now the largest DeFi category by total value locked (TVL), with more than $40 billion across all chains. On Solana, it’s become a core use case, especially as new protocols and apps integrate LSTs (liquid staking tokens) like PSOL into their platforms.
Phantom wallet users can now seamlessly swap tokens across four major blockchain networks: Sui, Base, Ethereum, and Solana. This new cross-chain swap feature brings added convenience and flexibility, allowing users to trade assets between ecosystems without needing to leave the wallet or rely on third-party bridges.
Whether you’re moving tokens from Ethereum to Solana or swapping between Base and Sui, Phantom makes it fast, secure, and user-friendly—all in one place.
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
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BTCWe’re launching our own LST: Phantom Staked SOL (PSOL) 👻 Why liquid stake with Phantom? Simple: 🏆 Earn SOL rewards 🏋️♂️ Maintain liquidity 💜 Support the @solana network
ICYMI: You can now swap tokens between Sui, Base, Ethereum, and Solana 🔄
