According to TechFlow, on October 7, according to official news, Binance SOL staking service is now open on Binance Web3 wallet, and users can now obtain liquid staking tokens BNSOL by staking SOL. Users holding BNSOL can freely trade, borrow or use these assets, thereby improving the efficiency of capital utilization.

Earlier news, Binance announced the launch of BNSOL, which allows people to stake SOL tokens and receive BNSOL in return.