Binance Staked SOL (BNSOL) represents your staked SOL plus the staking rewards received, in a tradable and transferable form. Ordinary staking would lock up your staked assets, which means you cannot use them for other purposes – it increases a user's opportunity cost.
In contrast, BNSOL provides flexibility to sell, transfer, or use the staked SOL position. You can even move BNSOL to a personal wallet and use it outside the Binance platform whilst still earning rewards. BNSOL accumulates staking rewards through the BNSOL:SOL conversion rate on Binance SOL Staking, even when it is used in other Binance products or external DeFi applications for additional yield opportunities.
Where is Binance Staked SOL available for purchase?
You can exchange BNSOL tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Binance Staked SOL is Binance, notably the BNSOL/USDT pair, which saw a trading volume of $ 1,73 MLN. in the past day. Additionally, Meteora and Raydium (CLMM) are popular alternatives for trading tokens.
What is the highest value Binance Staked SOL (BNSOL) has ever reached?
Binance Staked SOL (BNSOL) reached its peak price at 297.96 $ on 19 January 2025, approximately 7 months ago ago. Presently, the current price is -34.1% lower than this all-time high.
What is the historical minimum price for Binance Staked SOL (BNSOL)?
The minimum price reached for Binance Staked SOL (BNSOL) was 100.21 $, documented on 07 April 2025, more than 4 months ago. In comparison, the current price is 95.93%, it above this historical low.
What is the fully diluted valuation of Binance Staked SOL (BNSOL)?
The fully diluted valuation (FDV) of Binance Staked SOL (BNSOL) stands at $ 1,90 BN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of BNSOL tokens. The realization of this FDV might take several years depending on the emission schedule of BNSOL tokens.