The SEC's Corporation Finance Division has issued guidance on liquid staking activities, a move that comes after a letter from industry stakeholders. The letter, signed by entities such as Jito Labs, Bitwise Investments, Multicoin Capital, VanEck, and the Solana Institute, requested the SEC to allow the use of liquid staking tokens in proposed Solana exchange-traded products. This development is significant for the cryptocurrency industry as it seeks regulatory clarity on the use of liquid staking tokens, which are increasingly popular in decentralized finance. The guidance could impact the structuring and approval of future Solana-based financial products.