the new liquid staking token on Solana

Nansen, the leading AI platform in onchain analysis, has announced a significant collaboration with Sanctum for the launch of nxSOL, a new liquid staking token designed for the Solana ecosystem. This initiative represents a significant step in the evolution of decentralized finance, offering users the opportunity to earn staking rewards without sacrificing the flexibility and liquidity of their assets.

The new nxSOL token allows users to participate in SOL staking while maintaining the freedom to withdraw their funds at any time. This way, investors can access staking returns without being tied to lock-up periods, maximizing the opportunities offered by DeFi on Solana.

Nansen and Sanctum among the leaders in liquid staking on Solana with the launch of the new token nxSOL

The launch of nxSOL takes place in a context of strong growth for Nansen in the staking sector. In just one year since the acquisition of StakewithUs, Nansen has seen its assets in staking grow from 60 million to over 2 billion dollars.

With a base of over 350,000 stakers and support for more than 20 blockchains, Nansen Staking ranks among the top ten verified validators according to StakingRewards, solidifying its reputation as a reference validator for networks like Hyperliquid and Ronin.

The agreement with Sanctum also includes the acquisition by Nansen of the Sanctum token CLOUD directly from the market, further strengthening the synergy between the two entities.

The Statements of the Protagonists

Alex Svanevik, CEO of Nansen, emphasized how the launch of nxSOL represents “the next chapter in Nansen’s journey in staking,” expanding the platform’s presence on Solana and staying true to the mission of making onchain participation simple, liquid, and secure. 

“It’s about opening new horizons for users and developers, while staking becomes an integral part of the onchain economy”,

Svanevik stated.

Even FP, CEO of Sanctum, expressed enthusiasm for the partnership: 

“We are proud to collaborate with Nansen for the launch of nxSOL. This token represents an extraordinary opportunity to bring Solana to the 350,000 stakers that Nansen has outside the Solana ecosystem. Our mission is to offer real yield on real assets to real people, and this collaboration is an important step towards this goal.”

The role of Sanctum in Solana’s infrastructure

Sanctum confirms itself as the leading infrastructure provider for liquid staking on Solana, with nearly 3 billion dollars in assets under management. Its unified liquidity infrastructure allows the issuance of liquid staking tokens like nxSOL, offering staking-as-a-service and white-label solutions for customized validators.

The solidity of Sanctum is evidenced by the trust placed by some of the leading players in the sector, including Nansen, Jupiter, Bybit, Drift, Gate, DFDV, and Pudgy Penguins. This network of partnerships strengthens Sanctum’s position as a benchmark for those looking to launch liquid staking solutions on Solana.

nxSOL: liquidity, security, and decentralization

The introduction of nxSOL addresses one of the main needs of DeFi users: the ability to earn yields from staking without sacrificing the liquidity of their assets. Thanks to nxSOL, users can participate in SOL staking and, at the same time, use the liquid tokens within the Solana DeFi ecosystem, thereby maximizing capital efficiency.

The nxSOL model supports large-scale decentralized staking, offering users not only liquidity and composability but also a tangible contribution to the security and decentralization of the Solana network. This innovative approach allows overcoming the traditional limitations of staking, making it more accessible and versatile for an increasingly wide audience of investors.

A Promising Future for DeFi on Solana

With the evolution of DeFi and liquid staking on Solana, nxSOL is positioning itself to become a key element in making staking more accessible, liquid, and capital-efficient, without compromising the security or decentralization of validators.

The partnership between Nansen and Sanctum marks a crucial moment for the Solana ecosystem, paving the way for new opportunities for both users and developers. Thanks to solutions like nxSOL, onchain participation becomes increasingly simple and secure, consolidating Solana as one of the leading platforms for innovation in decentralized finance.

Source: https://en.cryptonomist.ch/2025/10/15/nansen-and-sanctum-launch-nxsol-the-new-frontier-of-liquid-staking-on-solana/