According to Santiment (@santimentfeed), the cryptocurrency market is experiencing a strong surge heading into the weekend, with several sectors such as memecoins, liquid staking tokens, and layer 1 blockchains reporting double-digit percentage increases in market capitalization. This broad-based bullish momentum is attracting increased trading volume and heightened volatility, creating significant short-term trading opportunities for active traders. Source: Santiment (@santimentfeed), May 10, 2025.

According to Dave (@ItsDave_ADA), 172.08 million PALM tokens have been staked, which is equivalent to approximately 461,000 ADA. This figure is close to reaching the 0.5 million ADA mark in just a few days. The highlight of this staking process is its liquidity, allowing instant withdrawals as tested by Dave himself. This development presents an attractive opportunity for traders interested in liquid staking protocols.

According to IntoTheBlock, Lido, the leader in Ethereum liquid staking, now holds an impressive 64% of the total value locked (TVL) in liquid staking tokens (LST). This dominance highlights how established protocols are further consolidating their positions even in challenging market conditions.

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.

According to @cas_abbe, Folks Finance is a significant application on the Algorand blockchain offering a compelling product with xALGO Liquid Staking. Traders can stake ALGO tokens to receive xALGO, maintaining liquidity while earning yield. Additionally, the platform provides extra incentives and double points to enhance user benefits. Importantly, the service operates with no fees, making it an attractive option for maximizing returns. This setup could appeal to traders looking to optimize their holdings in the Algorand ecosystem.

According to IntoTheBlock, Lido continues to dominate the liquid staking token (LST) market, with stETH representing a substantial share of the total staked ETH. Over 9.8 million ETH are currently staked through Lido, held by 319,819 unique addresses.