Bitget App

Trade smarter

What is Lido Staked SOL

What is Lido Staked SOL (stSOL)?

Lido Staked SOL basic info

Name:Lido Staked SOL

Ticker:

stSOLBuy now

Introduction:

An Overview of Lido Staked SOL Token

The world of cryptocurrencies is vast and continually expanding, with new projects and tokens popping up regularly. One noteworthy token that has seen notable traction recently is the Lido Staked SOL Token, commonly referred to as stSOL.

What is Lido Staked SOL Token?

Lido Staked SOL, or stSOL, is a token that represents staked Solana (SOL) within the Lido protocol. It is an algorithmic token which allows holders to participate in Solana's proof-of-stake consensus, earn rewards, and to benefit from the staking gains.

Historical Significance of Lido Staked SOL

The Lido protocol was designed to address some of the issues that beset blockchain staking, such as liquidity and the usability of staked assets. Recognizing the robust and highly promising ecosystem of Solana, the team behind Lido decided to extend their protocol beyond Ethereum and incorporated SOL tokens.

The launch of Lido Staked SOL marked a significant milestone as it enabled SOL holders to stake their tokens, contribute to the network's security while maintaining liquidity of their staked assets and earn staking rewards tokens in the form of stSOL.

Key Features of Lido Staked SOL Token

Staking with the Lido protocol and earning stSOL tokens carry several benefits:

No Lock-up Periods: One of the primary features of stSOL is that there are no lock-up periods. This means that users can un-stake their SOL anytime they want, without having to wait for any unbonding period.
Liquid Staking: Lido allows the staking of Solana and in return gives users stSOL, which is a liquid and tradable version of the staked SOL. This allows users to leverage their staked SOL in various DeFi protocols without sacrificing the rewards from staking.
Staking Rewards: The stSOL tokens that users receive are 1:1 for the SOL they stake initially. However, as Solana validates and produces new blocks, these rewards are distributed in the form of additional stSOL tokens, meaning that the amount of stSOL each user has will increase over time relative to the number of staked SOL.
Decentralized and Secure: The Lido protocol is decentralized and non-custodial, meaning that no one entity has control over your staked tokens.

Conclusion

As the blockchain and cryptocurrency industry develops, projects like the Lido Staked SOL Token are showcasing fresh and innovative ways to leverage the inherent benefits of these technologies. The combination of Solana's efficiency and Lido's savvy staking solution in the form of stSOL token is certainly worth watching for those interested in the staking landscape.

Current price:

$175.06More price details

All-time high:$509.08

All-time low:$8.8

stSOL supply and tokenomics

Circulating supply:81,282.34 stSOL

Total supply:81,282.34 stSOL

Max supply:0 stSOL

Market cap:$14.23M

Fully diluted market cap:$14.23M

Links

Website:https://www.lido.fi

Whitepaper:https://docs.solana.lido.fi/

X:https://twitter.com/lidofinance

GitHub:https://github.com/ChorusOne/solido

Buy Lido Staked SOL for $1Buy stSOL now

What is the development prospect and future value of stSOL?

The market value of stSOL currently stands at $14.23M, and its market ranking is #10376. The value of stSOL is not widely recognized by the market. When the bull market comes, the market value of stSOL may have great growth potential.

As a new type of currency with innovative technology and unique use cases, stSOL has broad market potential and significant room for development. The distinctiveness and appeal of stSOL may attract the interest of specific groups, thereby driving up its market value.

What will the price of stSOL be in 2025?

Based on stSOL's historical price performance prediction model, the price of stSOL is projected to reach $312.14 in 2025.

What will the price of stSOL be in 2030?

In 2030, the stSOL price is expected to change by +1.00%. By the end of 2030, the stSOL price is projected to reach $552.21, with a cumulative ROI of +215.44%.

Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of stSOL and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

stSOL price stSOL price prediction stSOL news

Is stSOL worth investing or holding? How to buy stSOL from a crypto exchange?

If you want to buy stSOL, the following information may be helpful for your investment decisions:

In the last 7 days, the price of stSOL has fallen by -4.76%, leading to negative returns for most stSOL investors. The market is currently pessimistic about the price trend of stSOL.

It is important to note that the current price of stSOL has retreated by -65.61% from its all-time high. This coin is currently considered medium-risk, and its price may rebound or continue to fall.

Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.

To decide whether stSOL is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.

Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in stSOL or any cryptocurrency comes with certain risks and uncertainties.

Regardless of your outlook on the development prospects and future trends of stSOL, if you want to buy or sell stSOL, you can consider Bitget for your trading needs. The best place to buy stSOL is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.

Investing in Lido Staked SOL has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Lido Staked SOL. Here's a step-by-step guide on how to buy Lido Staked SOL on Bitget.

Buy stSOL now Coin buying guide

How to get Lido Staked SOL through other methods？

Using cash to buy Lido Staked SOL is not the only way to obtain Lido Staked SOL. If you have the time to spare, you can get Lido Staked SOL for free.

Learn how to earn Lido Staked SOL for free through the Learn2Earn promotion.

Earn free Lido Staked SOL by inviting friends to join Bitget's Assist2Earn promotion.

Receive free Lido Staked SOL airdrops by joining ongoing challenges and promotions.

All crypto airdrops and rewards can be converted to Lido Staked SOL through Bitget Convert, Bitget Swap, or spot trading.

What is Lido Staked SOL used for and how to use Lido Staked SOL?

The use case of Lido Staked SOL may expand as the crypto market and the project itself develop. Currently, you can use stSOL to achieve the following goals:

Arbitrage by trading stSOL: Since stSOL is a frequently traded cryptocurrency, the price of stSOL is always fluctuating. Earn more stSOL by buying low and selling high on the exchange. Bitget spot market provides a variety of stSOL trading pairs to fully meet your needs.

Earn by staking stSOL: You can also generate income through financial management methods such as staking stSOL or lending stSOL. Bitget Earn offers a variety of financial products designed to help you earn more income from your stSOL.

Send or pay stSOL: If you want to give stSOL to your friends, a charity, or a fundraiser, or you want to pay someone with stSOL, you can quickly and easily send stSOL to the recipient through their payment address.

You can also go to the official website of the Lido Staked SOL project to learn more about the use cases of stSOL. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

Trade stSOL stSOL Earn