Phantom Wallet Extension: Why PSOL Liquid Staking Underperforms Native Staking in Bear Markets (And When It Wins)

A Solana holder keeping SOL on a Phantom wallet extension faces a basic allocation choice: lock tokens into native staking for a direct SOL yield, or stake through Phantom’s PSOL liquid staking token and retain trading flexibility. The decision appears simple on the surface. Native staking produces rewards directly; liquid staking lets you move positions…