According to Phantom (@phantom), the introduction of PSOL, Phantom’s proprietary Liquid Staking Token (LST), makes staking Solana more accessible and user-friendly. Traders can now stake SOL directly via the Phantom wallet and receive PSOL, allowing them to earn yield while maintaining liquidity for further DeFi strategies. This move is expected to boost Solana’s staking participation and liquidity, potentially increasing trading volumes and price stability for SOL and related DeFi tokens (Source: Phantom, June 6, 2025).