Msol's price just shot up to $222.07, a whopping 14.5% increase in 24 hours! ð but what's fueling this rocket ride? a few key moves are prob influencing this boom:
- **institutional moves & influence**: marinade's been making big waves with folks like hadley stern from fidelity joining their squad ð. more big names = more trust = more hype?
- **strategic partnerships**: the zodia custody and marinade partnership is expanding sol staking to institutions, which probs spiked interest and investing ðŒ.
- **growing sol ecosystem**: the total market cap of solana's liquid staking tokens has hit over 5 billion usd. msol, being a significant part of this, is riding high on the ecosystem's overall growth ð±.
- **defi & staking trends**: with lidoâs integration by fireblocks and general defi enthusiasm, liquid staking is getting mad love ð. this hype cycle might be lifting sol-aligned assets as well.
it's wild how fast things can change in crypto land. msol's climb is defs worth watchingâcould it be a sign of sol solidity in the market or just a temporary moon shot? can't wait to see what's next! ðð¥