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Solana Company shares jump 17% as firm rolls out borrowing against staked SOL

Investment

Shares in Solana-related entities and ecosystem tokens surged by 17% today following the announcement of a new feature allowing users to borrow against their staked SOL. This innovative lending mechanism enables investors to access liquidity without having to unstake their assets, thereby preserving their staking rewards. The market responded enthusiastically to the news, viewing the move as a significant boost to the network’s capital efficiency and overall DeFi ecosystem. Industry experts suggest that providing more utility for staked assets could drive further adoption and cement Solana’s position as a leader in the decentralized finance space.

Source: Solana Company shares jump 17% as firm rolls out borrowing against staked SOL

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