MSOL climbed roughly
↗19%
over the past week following
Morgan Stanley's institutional ETF launch, bringing attention to liquid staking tokens.
Institutional milestone drives activity
Price climbed roughly
↗6.4%
over the past day while trading volume increased, coinciding with the
Morgan Stanley ETF selecting validators for staking operations.
Mixed trading signals emerging
Price is trading near its 24-hour high, but the ratio of buyers to sellers stands at 0.54, meaning roughly 1.86 times more people are selling than buying over the past day.
Network activity holding steady
The network shows 3,487 active addresses and a holder base of 64,161, indicating steady participation in the Liquid Staking ecosystem.
Broader market seeing volatility
Across the broader market, forced selling hit short positions heavily over the past 24 hours, with roughly 6.2 times more short liquidations than long liquidations.