$BNSOL

BNSOL is Binance's Liquid Staking Token for Solana ($SOL ), allowing users to stake SOL tokens, earn rewards, and maintain liquidity to trade or use in DeFi applications. It was launched in late September 2024, with 1 BNSOL equating to 1 SOL plus accumulated staking rewards. Users can stake SOL on Binance’s platform to receive $BNSOL , which can be used across Binance products or Web3 ecosystems while still earning staking rewards. Institutional users can also mirror SOL via third-party custodians like Ceffu and receive BNSOL rewards. Posts on X highlight its role in enhancing Solana’s staking ecosystem, with features like flexible returns and no lockups.

For the latest price or to trade BNSOL, check Binance’s real-time data or staking page. Note that cryptocurrency prices are volatile, and you should assess risks before investing.