Nansen and Sanctum Unveil nxSOL, Boosting Liquid Staking on Solana
Blockchain analytics leader Nansen has teamed up with the Solana-based protocol Sanctum to launch nxSOL, a new liquid staking token (LST) designed to enhance staking liquidity within the Solana ecosystem. This strategic partnership introduces a fresh option for users to earn SOL staking rewards while maintaining immediate access to their funds in Solana’s decentralized finance (DeFi) landscape. Solana, recognized as the second-largest blockchain by total value locked (TVL), currently holds over $13 billion across its network. With approximately 68% of SOL’s circulating supply staked — roughly 372 million tokens valued at $74.5 billion — the demand for more flexible staking












