Odaily Planet Daily News: The Solana liquid staking token BNSOL launched by Binance recently surpassed a total value locked (TVL) of $1 billion, accounting for over 10% of the market value of all liquid staking tokens on Solana. The achievement of BNSOL is primarily driven by the expansion of the Solana ecosystem, with its liquid staking ratio expected to double in 2024, with an estimated market value of $8 billion. BNSOL has staked over 4.8 million SOL, making it the largest exchange-supported SOL liquid staking token. Binance Vice President of Products Jeff Li stated, "In just three months, BNSOL's TVL has exceeded $1 billion, reflecting the enormous demand from the market. The integration of BNSOL with various products on the Binance platform and DeFi protocols has been a key factor in promoting the token's popularity." (Bitcoin.com)