Binance Staked SOL (BNSOL) represents your staked SOL plus the staking rewards received, in a tradable and transferable form. Ordinary staking would lock up your staked assets, which means you cannot use them for other purposes—it increases a user s opportunity cost.

1. Basic Info

SymbolBNSOL
NameBinance Staked SOL
Web Sitehttps://www.binance.com/en/solana-staking
Explorerhttps://solscan.io/token/BNso1VUJnh4zcfpZa6986Ea66P6TCp59hvtNJ8b1X85, https://explorer.solana.com/address/BNso1VUJnh4zcfpZa6986Ea66P6TCp59hvtNJ8b1X85
Supply6394533
TotalNone
Market Cap1398555917.0282638
White Paper
Release Date2024-10-10

2. Technical Analysis

2.1 Kline Price Chart

2.2 Analysis

The current trend suggests a consolidation phase following a significant upward movement. The market may be setting up for a potential breakout or pullback. Volatility remains high, indicating active participation and uncertainty in the market. Future trends could see a continuation of the upward trend with a potential for increased volatility, or a reversal with a downward trend if support levels are breached.