The Solana liquid staking protocol (service issuing tradable staked tokens) hit a new all-time high in TVL, marking increased capital committed to its staking ecosystem.
Sanctum, a Solana liquid staking protocol (service issuing tradable staked tokens), has reached a new all-time high of about 17.07 million SOL in total value locked, or TVL (value of assets deposited in a protocol). The milestone indicates that more Solana users are committing tokens to the platform’s staking system while retaining liquidity through liquid staking (staking that provides transferable receipt tokens). In crypto markets, rising TVL is commonly used as a measure of user participation and capital concentration within a protocol.