Binance's liquid staking token, BNSOL, has surpassed $1 billion in Total Value Locked (TVL) within three months of its launch, solidifying its position as the largest exchange-backed SOL liquid staking token. The token's success is attributed to strategic integrations with over 20 Web3 projects, low fees, and attractive APR promotions, enhancing its utility in the DeFi ecosystem. As Solana's ecosystem expands, Binance plans to further capitalize on BNSOL's growth with additional airdrops and protocol integrations, aiming to create new use cases for liquid staking tokens by 2025.