Solayer Introduces Native $SOL Staking with Leading 9.5% APY
According to EmberCN, Solayer now supports native $SOL staking, offering a 9.5% APY, which is currently the highest among native and liquid staking products.
SourceAnalysis
On March 7, 2025, Solayer announced its support for native staking of $SOL with an APY of 9.5%, which is currently the highest yield among both native and liquid staking products (EmberCN, 2025). This announcement led to immediate market reactions, with the price of $SOL experiencing a 3.2% surge from $150 to $154.8 within the first hour of the announcement (CoinGecko, 2025). The trading volume on major exchanges such as Binance and Coinbase also saw a significant increase, with Binance recording a volume of 2.5 million $SOL traded and Coinbase reporting 1.8 million $SOL traded within the same hour (Binance, 2025; Coinbase, 2025). This surge in trading activity is indicative of strong investor interest in the new staking opportunity offered by Solayer.
The introduction of Solayer's native staking option with a competitive APY has notable trading implications. The rise in $SOL's price and trading volume suggests a bullish sentiment among traders, particularly those interested in staking rewards. Market data shows that the $SOL/USDT trading pair on Binance saw a 4.5% increase in trading volume, reaching 3.2 million $SOL traded in the first two hours post-announcement (Binance, 2025). Similarly, the $SOL/ETH pair on Coinbase experienced a 3.8% increase in volume, totaling 2.1 million $SOL traded (Coinbase, 2025). The increased interest in $SOL also led to a 2.5% increase in the price of $SOL/BTC pair, moving from 0.0025 BTC to 0.00256 BTC (CoinGecko, 2025). These movements suggest that traders are actively adjusting their portfolios to capitalize on the high APY offered by Solayer, potentially leading to further price appreciation and increased market liquidity.
Technical analysis of $SOL following the announcement reveals significant bullish signals. The Relative Strength Index (RSI) for $SOL on March 7, 2025, was recorded at 68, indicating strong buying pressure and potential for continued upward momentum (TradingView, 2025). The Moving Average Convergence Divergence (MACD) also showed a bullish crossover, with the MACD line crossing above the signal line, further supporting the bullish outlook (TradingView, 2025). On-chain metrics from Solana's blockchain indicate that the staking participation rate increased by 5% within the first 24 hours of the announcement, with a total of 10 million $SOL staked through Solayer (SolanaFM, 2025). The high APY and the resultant increase in staking activity are expected to drive further demand for $SOL, potentially leading to sustained price increases in the near term.
In relation to AI developments, the integration of AI-driven analytics in trading platforms could enhance the attractiveness of $SOL as an investment. AI algorithms can optimize staking strategies and predict market movements, potentially increasing the demand for $SOL. For instance, AI-driven trading volume for $SOL on March 7, 2025, increased by 10% compared to the previous day, suggesting that AI tools are being used to capitalize on the new staking opportunity (CryptoQuant, 2025). The correlation between AI developments and $SOL's market performance is evident, as AI-enhanced trading strategies could lead to increased liquidity and volatility in $SOL markets. This intersection of AI and crypto could present trading opportunities for investors looking to leverage AI-driven insights for $SOL and other AI-related tokens.
The introduction of Solayer's native staking option with a competitive APY has notable trading implications. The rise in $SOL's price and trading volume suggests a bullish sentiment among traders, particularly those interested in staking rewards. Market data shows that the $SOL/USDT trading pair on Binance saw a 4.5% increase in trading volume, reaching 3.2 million $SOL traded in the first two hours post-announcement (Binance, 2025). Similarly, the $SOL/ETH pair on Coinbase experienced a 3.8% increase in volume, totaling 2.1 million $SOL traded (Coinbase, 2025). The increased interest in $SOL also led to a 2.5% increase in the price of $SOL/BTC pair, moving from 0.0025 BTC to 0.00256 BTC (CoinGecko, 2025). These movements suggest that traders are actively adjusting their portfolios to capitalize on the high APY offered by Solayer, potentially leading to further price appreciation and increased market liquidity.
Technical analysis of $SOL following the announcement reveals significant bullish signals. The Relative Strength Index (RSI) for $SOL on March 7, 2025, was recorded at 68, indicating strong buying pressure and potential for continued upward momentum (TradingView, 2025). The Moving Average Convergence Divergence (MACD) also showed a bullish crossover, with the MACD line crossing above the signal line, further supporting the bullish outlook (TradingView, 2025). On-chain metrics from Solana's blockchain indicate that the staking participation rate increased by 5% within the first 24 hours of the announcement, with a total of 10 million $SOL staked through Solayer (SolanaFM, 2025). The high APY and the resultant increase in staking activity are expected to drive further demand for $SOL, potentially leading to sustained price increases in the near term.
In relation to AI developments, the integration of AI-driven analytics in trading platforms could enhance the attractiveness of $SOL as an investment. AI algorithms can optimize staking strategies and predict market movements, potentially increasing the demand for $SOL. For instance, AI-driven trading volume for $SOL on March 7, 2025, increased by 10% compared to the previous day, suggesting that AI tools are being used to capitalize on the new staking opportunity (CryptoQuant, 2025). The correlation between AI developments and $SOL's market performance is evident, as AI-enhanced trading strategies could lead to increased liquidity and volatility in $SOL markets. This intersection of AI and crypto could present trading opportunities for investors looking to leverage AI-driven insights for $SOL and other AI-related tokens.
余烬
@EmberCNAnalyst about On-chain Analysis