Solana (SOL) is experiencing a shift in sentiment with a staking ratio that has grown to 71.3%, which denotes a high level of community participation.
Solana boasts 400 million SOL tokens staked, representing a staking rate of about 71.3%. SOL price has seen growth amid the ongoing trial of FTX's Sam Bankman-Fried The Layer 1 chain has been focusing on validator diversity, with Jito Labs now holding a 31% stake The notable increase in liquidity staking comes as Sam Bankman-Fried of the collapsed FTX exchange goes to trial.
Liquidity staking on Solana The proof-of-stake layer 1 chain allows staking through lending, running a validator, or delegating SOL to validators. Jito Labs Dominates a 31% Stake In a recent Validator Health Report, Solana revealed that more than 31% of the total stake is now flowing through the Jito Labs client. Jito Labs' presence in the Solana ecosystem has expanded from 0% last year. Solana has also revealed that two new validator clients are in development.
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