Golden Finance reports that Binance's Solana liquid staking token BNSOL recently surpassed a total value locked (TVL) of $1 billion, accounting for over 10% of the total market value of all Solana liquid staking tokens. This achievement for BNSOL is primarily driven by the expansion of the Solana ecosystem, with its liquid staking share expected to more than double in 2024, with a market value estimated at $8 billion. Over 4.8 million SOL are staked in BNSOL, making it the largest exchange-supported SOL liquid staking token. Binance's Vice President of Product, Jeff Li, stated: 'In just three months, BNSOL's TVL has exceeded $1 billion, reflecting the tremendous market demand for BNSOL. The integration of BNSOL with various products on the Binance platform and DeFi protocols has been a key factor in driving the token's popularity.'