sSOL fuels Solayer's liquidity, allowing SOL to secure network resources for dApps and LRTs via delegated staking.
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sSOL functions as the core liquidity foundation for decentralized applications (dApps) and Liquid Restaking Tokens (LRTs) within the Solayer ecosystem. Each sSOL represents a portion of SOL dedicated to providing blockspace for dApps, thereby enhancing network bandwidth and transactions per second (TPS). Staking SOL to dApps generates an AVS SPL token, relying on the underlying sSOL-SOL liquidity. Likewise, LRTs leverage the sSOL liquidity interface to develop vault investment strategies.
As of now, Solayer SOL is trading at 153.977824 USD, with a 24-hour trading volume of approximately 0 USD. The SSOL to USD price is updated in real time. Over the past 24 hours, Solayer SOL has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 99.10M USD. Currently, there are 643 570 SSOL in circulation out of a maximum supply of 643 570 SSOL.
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