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The article explores the current development of Liquid Staking Tokens (LSTs) on the Solana blockchain, comparing their performance with the Ethereum market and analyzing the underlying reasons for these differences. It also examines how the Sanctum protocol addresses LST liquidity challenges through its Reserve, Router, and Infinity products. Additionally, the article predicts the impact of partnerships with top centralized exchanges on the Solana LST market and delves into how Sanctum promotes the application prospects of personalized LSTs, highlighting their potential value to the Solana ecosystem.

Sanctum represents a burgeoning liquidity staking protocol on Solana, leveraging a routing mechanism to interconnect LSTs of various sizes and create a cohesive liquidity network. As the pioneer in aggregating Solana's LST liquidity, it has garnered significant attention across the market.

Solana DeFi was declared dead in 2023, but made a strong comeback in 2024, involving 100+ projects, TVL reaching $3.8 billion, and daily trading volume reaching $2.5 billion. Solana has 50 top teams. Its advantages are low fees and high throughput, attracting a large number of users and developers. Solana is connected to multiple platforms, has friendly wallets and bridges, and will launch more cross-chain applications in the future. Major DeFi projects on Solana include DEX, lending markets, and derivatives, with more innovations expected in the future. Solana’s composability and infrastructure development have allowed the DeFi ecosystem to grow rapidly.