Binance Staked SOLBNSOL Price Today
Binance Staked SOL (BNSOL) Price Overview
As of now Binance Staked SOL BNSOL is trading at $172.537478, reflecting a 1.17% increase over the past 24 hours.
The 24-hour trading volume for BNSOL is $5.4M, an increase of 0.91% from yesterday.
Its current market capitalization is approximately $1707.8M. Liquidity across major Solana DEXes is currently at $18.4K.
BNSOL is actively traded in Solflare wallet. The token is verified according to Solana's token registry. This token can be swapped instantly on Solflare for any other supported asset. You can also set advanced limit orders for this token directly within the Solflare wallet, allowing you to automate trades based on your chosen price targets.
Binance Staked SOL (BNSOL) is a Solana-based token that is also regarded as an altcoin in the broader cryptocurrency market. Whether used as a stable asset or a tradable cryptocurrency, this altcoin benefits from Solana's high-performance blockchain, giving traders and investors access to fast transactions and low fees.
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About Binance Staked SOL BNSOL
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.