Binance’s liquid staking token, BNSOL, has surpassed $1 billion in Total Value Locked (TVL), capturing over 10% of Solana’s liquid staking market. Launched in September 2024, BNSOL has integrated with over 20 Web3 projects, enhancing its utility for trading and lending while offering low gas fees and zero staking fees through 2024. Binance plans to further expand BNSOL’s ecosystem with additional airdrops and protocol integrations, reflecting a growing demand for accessible staking solutions.