Liquid Staking Product TractionSTKESOL establishes a recurring-fee revenue stream (5% fee on pool rewards) and showed rapid early adoption. A successful LST creates product stickiness, broad protocol integrations and scalable TVL-based revenues that can sustainably diversify income over months to years.
Institutional ValidationBeing chosen by a major ETF manager signals durable compliance, reporting and operational capabilities. Institutional mandates tend to be sticky, raise barrier-to-entry for competitors, and can drive predictable large-scale staking volumes and long-term fee revenue.
Expanding User & Delegation FootprintRapid growth in unique wallets and delegated SOL demonstrates network share gains and distribution breadth. A larger delegated base increases recurring staking income, creates network effects versus average validators, and supports scalable revenue as product offerings and institutional flows expand.