# Is SOL Undervalued?

*Author: Bankless*
*Published: Jul 17, 2024*
*Source: https://www.bankless.com/fr/is-sol-undervalued-still*

---

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/07/Frame-50567--6-.png)](https://www.bankless.com/sponsor/uniswap-extension-1719068020?ref=solanas-liquid-staking-landscape&email=true)

  

Is SOL Undervalued?
    
  

  
  Published on July 17, 2024

[
  
  View in Browser

](https://bankless.com/read/briefs)
 

---
[**Sponsor: Uniswap Extension**](https://www.bankless.com/sponsor/uniswap-extension-1719068020?ref=solanas-liquid-staking-landscape&email=true) — Say goodbye to pop-ups. Download today.

[Download it now on Chrome](https://www.bankless.com/sponsor/uniswap-extension-1719068020?ref=solanas-liquid-staking-landscape&email=true)

.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
Vitalik Talks 'Pro-Crypto' Politicians
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/07/Group-14--74-.png)](https://www.bankless.com/dashboard)- 🗳️ **Vitalik Warns Against Simplistic Pro-Crypto Politics.** His latest blog post seeks to showcase that being 'pro-crypto' goes beyond money.
[*Read more on Bankless.com*](https://www.bankless.com/vitalik-pro-crypto-blog)
- 🤖 **Grayscale Launches Decentralized AI Fund. **The Grayscale Decentralized AI Fund will hold Near (NEAR), Filecoin (FIL), Render (RNDR), Livepeer (LPT), and Bittensor (TAO).
[*Read more on Bankless.com*](https://www.bankless.com/grayscale-launches-decentralized-ai-fund)
- **🧑‍⚖️ German Govt. Shares Report on Its Bitcoin Sales. **The government agency reported that 90% of the sales were done over-the-counter.
[*Read more on Bankless.com*](https://www.bankless.com/germanygovt-sales)
[](https://www.bankless.com/uniswap-extension-browser)

.  .  .

 
  
    

    MARKET VIBES

  
  

    The 'Trump Trade'
  
   
     
   
     
    
 

**📸 Daily Market Snapshot: ***Stock market traders are selling large-cap stocks and *[*moving into smaller-cap ones*](https://x.com/capitalistexp/status/1813663774156759213)*, chasing more upside opportunities. Investors are calling this movement from inflated growth stocks to value stocks the '*[*Trump Trade*](https://x.com/matthew_miskin/status/1813571297030639671)*' in anticipation of the small-cap outperformance that followed his 2016 surprise election win. This Wall Street trend has yet to chip away at BTC dominance in crypto markets which is flat on the week. *

Prices as of 6pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $2.36T
       

 
    
    ↘0.4%
    
  

  
    
    ↗10.8%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $64,268
       

  
    
    ↘0.1%
  

   
    
    ↗11.7%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $3,404
       

  
    
    ↘0.5%
    
  

   
    
    ↗9.8%
    
  
  

       ![](https://s2.coinmarketcap.com/static/img/coins/64x64/3640.png)
    

  **LPT**
   
          $17.21

       

  
    
    ↗12.2%
    
  

   
    
    ↗28.9%
    
  

  

---
🔒**New Token Rating: **Grayscale’s newest Decentralized AI Fund will allocate 8.6% exposure to **Livepeer**! How does the Bankless Analyst Team feel about this token’s prospects?[Unlock LPT on Token Hub](https://www.bankless.com/tools/token-hub/livepeer)

.  .  .

 
  
    

ANALYSIS

  
  
    
   
Solana's Liquid Staking Landscape
  
  
   
     
     Bankless Author: 
     
       [
       
       David C.](https://x.com/davewardonline)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/07/image---2024-07-17T172254.449-1.png)](https://www.bankless.com/solanas-liquid-staking-landscape)**Solana's staking sector continues to be one of the most lively parts of the network.**

Staking, locking up capital for network security in return for yield, is a vital part of DeFi and one of the strongest sectors of the onchain economy. Staking requirements vary by chain – Ethereum requires 32 ETH for native staking on a personal node, or users can opt for liquid staking providers like Lido or Rocket Pool. On Solana, anyone can stake natively through its delegated Proof-of-Stake system by delegating to validators instead of running their own node.

This ease of staking may explain the large gap between Solana and Ethereum in terms of total *staked versus liquid staked* assets. Solana has [$61B in staked capital](https://explorer.solana.com/), surpassing Ethereum, but lags in liquid staking. Ethereum has 65% of its staked ETH in liquid form, whereas only [6.5%](https://dune.com/ilemi/solana-staking) of Solana's staked SOL is in liquid staking tokens (LSTs), **indicating a significant growth opportunity for Solana.**

*In this article, we’ll explore the current arena of SOL liquid staking, examining key players as well as the protocols innovating and tackling this opportunity. Let’s begin! *👇

[Read the Full Analysis](https://www.bankless.com/solanas-liquid-staking-landscape)
---
---

*This article is brought to you by [MetaMask](https://www.bankless.com/fr/sponsor/metamask-1776260643?ref=is-sol-undervalued-still)*