Binance mentioned BNSOL in August and officially launched it today.
There are three ways to get BNSOL
1. Go to [SOL Staking] on the [Wealth Management] page - click [SOL Staking];
2. Stake SOL through the Binance Web3 wallet to get BNSOL;
3. Directly recharge BNSOL to your Binance account.
This move is essentially good for two tokens - SOL and CLOUD
SOL is good because: the main way to get BNSOL is to stake SOL. Staking SOL will reduce the circulation of SOL, and the circulation will be reduced, so there will be fewer selling orders. However, as for how much more staking will be added to SOL, it depends on the popularity of BNSOL.
The reason why CLOUD is good is that the SOL staking required by BNSOL is achieved by sanctum, and CLOUD is the project token of sanctum, which is naturally good. However, before the news was sent, CLOUD had already completed a 15% increase.
Next, the judgment on the two is:
$SOL is always worth investing in, and you can intervene at any low. Sol's pressure level is: 151 - 161, and the support level is: 142 -129
The risk of CLOUD is a bit high, because the good news of BNSOL has already landed, so if you continue to operate, the return and risk are not proportional.
