Nansen and sanctum Introduce nxSOL for Solana Stakers
On October 15, blockchain analytics firm Nansen and infrastructure company Sanctum teamed up to launch nxSOL.This new liquid staking token is designed for Solana users. It lets SOL holders earn rewards while keeping their assets liquid.
Liquid staking is gaining popularity, especially on Solana. nxSOL is a game-changer for SOL owners. They can now stake their tokens and still trade them freely.
Nansen’s staking services already cover 20 chains with over 350,000 users. The company manages more than $2 billion in staked assets. adding Solana to its list is a big step. Solana has a thriving liquid staking community.
Alex Svanevik, Nansen’s CEO, said, “nxSOL opens new doors for our users. It makes staking easier, more liquid, and secure. We’re excited to bring this to the Solana ecosystem.”
Sanctum, a Solana-focused firm, is Nansen’s partner in this project. Sanctum manages nearly $3 billion in assets. It’s one of the top providers of liquid staking services. FP, CEO of Sanctum, added, “Partnering with Nansen on nxSOL is a significant move. It brings Solana to a wider audience and helps us achieve our goal of real yields for real people.”
As of May 2025, 67% of Solana tokens are staked. But only 10% use liquid staking. nxSOL aims to change that. It will introduce Solana to Nansen’s large user base.
- 67% of Solana tokens are staked.
- Only 10% use liquid staking.
nxSOL is set to boost Solana’s liquid staking scene. It offers a win-win for SOL holders and the broader crypto community.
