Phantom Launches PSOL, a Liquid Staking Token for SOL

Its latest release, Phantom Staked SOL (PSOL), lets users earn staking rewards while keeping their SOL liquid. This is a powerful move in a fast-evolving DeFi landscape.

Phantom, the popular Solana wallet, has introduced support for liquid staking, enabling users to earn staking rewards while keeping their SOL tokens liquid.

Phantom Enables Liquid Staking for Solana with PSOL

Phantom’s latest release, Phantom Staked SOL (PSOL), lets users earn staking rewards while keeping their SOL liquid. This is a powerful move in a fast-evolving DeFi landscape.

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.

Why Liquid Stake with Phantom?

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.

We’re launching our own LST: Phantom Staked SOL (PSOL) 👻

Why liquid stake with Phantom?Simple: 🏆 Earn SOL rewards 🏋️‍♂️ Maintain liquidity 💜 Support the @solana network pic.twitter.com/vejAarVXmd— Phantom (@phantom) May 14, 2025

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 Adds Cross-Chain Swaps for Sui, Base, Ethereum, and Solana

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.

ICYMI: You can now swap tokens between Sui, Base, Ethereum, and Solana 🔄 pic.twitter.com/gQSJgqaAtO— Phantom (@phantom) May 13, 2025

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.

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