Wednesday, September 3, 2025

Kraken Lists Liquid Staked SOL (LsSOL) for Trading

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KEY TAKEAWAYS

  • Kraken has launched trading for Liquid Staked SOL (LsSOL), enhancing its asset offerings.
  • LsSOL is the first institutional-grade liquid staking token on the Solana blockchain, developed by Liquid Collective.
  • Users can stake SOL while maintaining liquidity, similar to the LsETH model, with support from prominent Web3 partners.
  • Trading via Kraken App and Instant Buy will be available once liquidity conditions are met, with potential geographic restrictions.

Kraken has announced that Liquid Staked SOL (LsSOL) is now available for trading on its platform. Trading for LsSOL went live on September 3, 2025, marking a significant addition to Kraken’s asset offerings.

To add LsSOL to a Kraken account, users should navigate to the Funding section, select the desired asset, and proceed with the ‘Deposit’ option. It is crucial for users to ensure that deposits are made using networks supported by Kraken, as deposits made through unsupported networks will be lost.

Liquid Staked SOL is the first institutional-grade liquid staking token on the Solana blockchain. Developed by Liquid Collective and supported by prominent Web3 partners, LsSOL is designed to enhance capital efficiency and compliance. It allows users to stake SOL while maintaining liquidity, extending the successful LsETH model to the Solana ecosystem.

Kraken has noted that trading via the Kraken App and Instant Buy will become available once liquidity conditions are met. This means that a sufficient number of buyers and sellers must enter the market for orders to be efficiently matched. Additionally, geographic restrictions may apply to the trading of LsSOL.

Kraken has a policy of not disclosing details about future asset listings until shortly before their launch. All available tokens can be found on Kraken’s platform, and future listings will be announced on their Listings Roadmap and social media profiles. For more details on the LsSOL listing, visit the official announcement here.


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Neel Kapoor
Neel Kapoor
Neel Kapoor is a dedicated cryptocurrency enthusiast and blockchain expert at Coinsholder.com. With over a decade of experience, Neel offers insightful analysis and commentary on the latest trends and innovations in the crypto space. His clear and concise writing makes complex topics accessible to all readers.

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