#BNSOL
BNSOL is Binance's Liquid Staking Token for Solana ($SOL ). It allows users to stake SOL on Binance, earn staking rewards, and receive BNSOL tokens (1 BNSOL = 1 SOL + accrued rewards). BNSOL can be traded, lent, or used in DeFi and Binance products while still earning staking rewards, offering flexibility without lockups. The product launched in late September 2024, with support from partners like Solayer and Sanctum, and is secured by Binance's SAFU fund. Institutional users can also stake via third-party custodians like Ceffu. For more details, check Binance's official announcements.
The current price of BNSOL is not explicitly listed in the provided data, but since 1 BNSOL equals 1 SOL plus staking rewards, its value is closely tied to SOL’s price, which is approximately $203.86 USD as of May 15, 2025, with a 0.8% increase in the last 24 hours. Exact BNSOL pricing would depend on real-time staking reward accruals, which can be checked on Binance’s staking page.
Always verify current prices and terms on Binance before making investment decisions, as cryptocurrency prices are highly volatile.