BNSOL (Binance Staked SOL) is a liquid staking token issued by Binance, representing staked SOL plus accumulated staking rewards in a tradable form. It operates within the Solana ecosystem as a Liquid Staking Token (LST), allowing users to maintain liquidity while earning staking rewards. With a market cap of approximately $1.08 billion and 9.2 million circulating supply, BNSOL ranks among the top liquid staking solutions in the DeFi space.