Binance Staked SOL

Today's state: Binance Staked SOL is trading at $91.70 with a $0.8 billion market capitalization (rank #90). The price moved +0.33% over the past 24 hours and is +13.84% over 7 days; the 30-day move stands at +20.13% and the 90-day at +1.44%.

Position vs cycle: Down more than 50% from its record, the asset is in a drawdown deep enough that price has tended to be driven by narrative and liquidity flows rather than a mechanical pull back to the mean.

Volatility and structure: 30-day realized volatility of 66.9% annualized is high for an asset this size. Our composite multi-horizon Price Strength reads Neutral (43/100), with a mixed multi-horizon profile and no clear directional bias.

Beyond Bitcoin, BNSOL's 90-day return correlations to the other two largest layer-1 references help characterize whether the asset moves as part of a crypto-market beta complex or as something more idiosyncratic. The Pearson correlations across daily log returns:

• Bitcoin reference: +0.83 — a very strong positive relationship.
• Ethereum reference: +0.85 — a very strong positive relationship.
• Solana reference: +1.00 — a very strong positive relationship.

High correlation across several references usually means the asset is mostly crypto-market beta: when BTC, ETH and SOL move, it moves too, and independent alpha is hard to find. Low or negative readings point to its own drivers — project-specific news, intra-crypto sector rotation or narrative shifts — that can decouple it from the broad market.

Binance Staked SOL (BNSOL) is a cryptocurrency, traded on global digital-asset markets. It trades at $91.70 as of the latest update, with a 24-hour move up 0.33%, placing it at rank #90 by market capitalisation among all listed digital assets. Binance Staked SOL's current market cap stands at $826.91M, a figure used by traders, analysts and institutional desks to gauge relative liquidity and risk exposure across the crypto market.

On this page you'll find a live, daily-refreshed dashboard tracking Binance Staked SOL across multiple data sources — price history going back several years, on-chain activity where available, fundamentals like circulating supply and dilution, top exchanges by volume, technical analysis using moving averages and RSI, and an algorithmic short, mid and long-term forecast. All figures are pulled from public APIs and cached locally; nothing here is investment advice.

Binance Staked SOL lets holders of the underlying asset participate in DeFi or applications on a different blockchain while keeping exposure to the underlying. Wrapped versions of major assets are widely used as collateral, as liquidity for DEX pools, and as building blocks in structured DeFi products.

Binance Staked SOL currently ranks #90 by market capitalisation, making it a top-100 asset. It currently trades about 67% below its all-time high of $277.46 set in January 2025.

Binance Staked SOL (BNSOL) is a wrapped asset: a token that represents another underlying asset on a different blockchain, issued under a custody or smart-contract guarantee. The underlying asset is held (or staked) by a custodian or protocol, and an equivalent amount of the wrapped token is minted on the destination chain. Burning the wrapped token releases the underlying.

Wrapped tokens are designed to track the underlying asset 1:1. Peg deviations occur when redemption is interrupted, when custody is questioned, or when DEX liquidity becomes thin. The metric that matters is not "price" but peg-to-underlying.

Binance Staked SOL currently ranks #90 by market capitalisation, making it a top-100 asset. It currently trades about 67% below its all-time high of $277.46 set in January 2025.

Binance Staked SOL is used wherever the underlying asset is needed in a different on-chain environment: as DeFi collateral, as part of liquidity pools, as a yield-bearing alternative (in the case of staking derivatives), and as the substrate for structured products. It is rarely used for direct speculation — that demand goes to the underlying.

Daily turnover is light — roughly 0.12% of market cap ($1.02M over 24 hours) — so larger orders are best worked into the market gradually to limit slippage.

Binance Staked SOL is a wrapped token — supply expands as more of the underlying asset is custodied (or staked, in the case of liquid-staking derivatives) and contracts as the wrapped tokens are burned to redeem. There is no independent emission schedule. The tokenomics question that matters is whether the underlying is fully backing the wrapped supply, which depends on the custodian or protocol design.

Investors should treat the wrapped-token supply as a measure of how much "demand for on-chain DeFi access to the underlying" exists at the current moment. Growing supply suggests rising demand for DeFi composability with the underlying; shrinking supply suggests the opposite.

At the macro level, the variables that move this asset class most are the direction of US interest rates, the supply of dollar liquidity, and the state of global risk appetite. Crypto has behaved like a long-duration, high-beta risk asset: it tends to rally when real yields fall and the dollar softens, and to sell off when liquidity tightens.

A handful of traditional gauges tend to lead or confirm crypto moves: the dollar index (strength is a headwind), the 10-year yield (the price of risk capital), gold (an occasional fellow-traveller in debasement trades), and the S&P 500 (which often moves with crypto when liquidity, not fundamentals, is in the driver's seat).

Narrowing to Binance Staked SOL, the cleanest leading signal has usually been crypto-native liquidity — the combined trend in stablecoin supply, futures open interest and exchange turnover. When that pool of on-chain capital grows, BNSOL has tended to advance with it; when it drains, the move has typically gone into reverse. Given the 90-day BTC correlation of +0.83, BNSOL's near-term macro sensitivity will be similar to Bitcoin's — driven primarily by the same liquidity conditions and risk-asset flows.

Risks are specific to wrapped assets: custody risk (the underlying may be compromised or seized), smart contract risk (mint/burn logic could be exploited), peg risk (the wrapped token can trade below par during stress), and protocol-specific governance risk (changes to the wrapping protocol may affect redeemability). Users should treat the wrapped token as exposure to the underlying plus the wrapper's risk surface.