Exploring the Spire Staking Report with SolanaFM
Exploring the Spire Staking Report with SolanaFM
The recent Staking Report from spire.fyi uncovered some interesting trends about the LST holdings of the top stakers on Solana.
Contents
Introduction
Top LST Holders
How Much Do They Own?
Recent Pick: bSOL
spire.fyi Staking Report
Introduction
The recent Staking Report from spire.fyi uncovered some interesting trends about the Liquid Staking Token (LST) holdings of the top stakers on Solana.
Let's quickly take a closer look on-chain.
Top LST Holders
Over the past 6 months, LSTs owned by the top stakers on Solana have approximately doubled.
stSOL, mSOL and JitoSOL are the LSTs currently most held by the top stakers.
Among the top stakers on Solana, these wallets have been identified to be the top holders of stSOL, mSOL and JitoSOL:
stSOL: solana.fm/address/4FDKx3S3k9eD7HeAhjQxHeYNLXHtreCD1GTUWktiYUvR
mSOL: solana.fm/address/EsqEkirkY6s1RPsb3YaJZcP4APQz77BWmBAVCsbNNhpj
JitoSOL: solana.fm/address/AMekyY73RJBd4urgZ2HvWV8yFzvk4nRsGmahuJcWiQri
How Much Do They Own?
The addresses above hold 13%, 0.9% and 11.9% of stSOL, mSOL and JitoSOL circulating supply respectively.
While they aren’t the wallets holding the largest distribution of circulating supply, the three addresses fall under the list of top 20 holders for each LST.
View the distribution of stSOL, mSOL and JitoSOL here:
stSOL: solana.fm/address/7dHbWXmci3dT8UFYWYZweBLXgycu7Y3iL6trKn1Y7ARj/largest
mSOL: solana.fm/address/mSoLzYCxHdYgdzU16g5QSh3i5K3z3KZK7ytfqcJm7So/largest
JitoSOL: solana.fm/address/J1toso1uCk3RLmjorhTtrVwY9HJ7X8V9yYac6Y7kGCPn/largest
Recent Pick: bSOL
The number of top stakers holding bSOL rose in August. According to the Spire team, this could potentially be due to the recent release of the $BLZE airdrop.
Track the recent activity of bSOL here: solana.fm/address/bSo13r4TkiE4KumL71LsHTPpL2euBYLFx6h9HP3piy1
spire.fyi Staking Report
The full Staking Report prepared by the spire.fyi team and members from metricsdao.xyz dive into deeper detail about the Top Stakers on Solana.
Read the full analysis here:
🔥🔥