Solana’s layer-2 blockchain Sonic has announced that it has crossed a major staking threshold, forming a new partnership to support the growing restaking industry.

As the first gaming-focused Solana Virtual Machine (SVM) L2 network, Sonic has partnered with re-staking platform Solayer and liquid re-staking layer Adrastea to increase Solana delegate rewards.

This partnership comes as Sonic SVM announced that it has surpassed over $50 million in Solana staked delegation on Solayer. Thus, Sonic SVM has become the largest authorized AVS (Actively Authenticated Service) on Solayer.

Chris Zhu, CEO of Sonic SVM, stated that this success highlights the growth potential of Solana’s staking and restaking ecosystem.

“This development demonstrates the increasing sophistication and maturity of Solana’s decentralized services such as Sonic AVS,” said Zhu. “Now liquid staking tokens can go beyond basic staking and be used for a variety of services, such as network expansions, to increase security and value,” he said.

Liquid staking on Ethereum became the largest protocol category in terms of total value locked (TVL), reaching $44 billion, while re-staking was recorded as the fifth largest protocol category with a value of $15 billion.

Some blockchain developers expect Solana-based restaking and liquid staking solutions to experience similar explosive growth. Sonic’s CEO Zhu stated that Solana-based restaking has significant growth potential and that this potential can coincide with Ethereum’s ecosystem.

Emphasizing that other Solana-based protocols such as Jito, Solayer and Fragmetric can make significant contributions to the re-staking ecosystem on the network, Zhu said, “Solana sets the stage for a future in which its ecosystem is both highly decentralized and capable of managing more complex, high-risk applications.

“This dynamic approach could lead Solana’s staking ecosystem to take on a central role, potentially surpassing Ethereum in terms of versatility and adoption,” he said.

Bybit Research expects Solana-based liquid staking to grow fivefold due to sustainable retail adoption.

Bybit Research said, “In our view, Solana has great potential for liquid staking due to its active staking community. Based on Ethereum’s LST market statistics, Solana’s LST market could potentially reach $18 billion,” he explained.

At the time of publication, the TVL of Solana-based liquid staking is $5.9 billion, DefiLlama data shows.

Solana’s developments in restaking and liquid staking have the potential to follow the growth trend in Ethereum’s current ecosystem.

The innovations provided by Sonic and the contributions of other Solana-based protocols can play a decisive role in accelerating this growth process. This will make a significant contribution to the development and adoption of Solana’s decentralized services ecosystem.