Binance, the world's largest cryptocurrency exchange, made a mysterious post today. Binance, which only wrote “BNSOL” from the X account, said “coming soon”.
While Binance did not make any statement, many people began to guess what this meant.
Coming soon
— Binance (@binance) August 29, 2024
While many ideas have been put forward about what BNSOL is, the majority have speculated that the mysterious BNSOL share could be “Binance Staked SOL.”
One user stated that he learned that there is a staking pool called 'Binance Staked SOL', pointing out that Binance's mysterious announcement was Binnace Staked SOL.
Solana Announcement from ByBit!
While the mystery of Binance’s announcement still lingers, leading cryptocurrency exchange ByBit has announced the upcoming launch of its liquid staking token bbSOL. At this point, users can stake SOL on Bybit Web3 to receive bbSOL tokens.
Following ByBit’s bbSOL announcement, the idea that Binance’s BNSOL share could be a hint at the upcoming launch of Binance Staked SOL has been strengthened.
Solana continues to trade at $145 at the time of writing.
We are welcoming a new 👶 to the family #bbSOL@Bybit_Web3 pic.twitter.com/G9QTq2KZQH
— Bybit (@Bybit_Official) August 29, 2024
*This is not investment advice.