ChainCatcher news, Binance has announced the launch of BNSOL (Binance SOL Staking) service. Users can earn the liquid staking token BNSOL after staking SOL, which allows them to earn staking rewards and use it flexibly on Binance products and external DeFi platforms.BNSOL accumulates staking rewards through a conversion ratio, and over time its value will gradually exceed an equivalent amount of SOL. Users can redeem BNSOL at any time, supporting standard redemptions and market instant trading.In addition, BNSOL is compatible with the Binance Web3 wallet and can be integrated with multiple Solana ecosystem projects such as Kamino, Drift, Orca, etc., aiming to provide users with more SOL staking options while increasing liquidity in the Solana ecosystem.

According to ChainCatcher news, VanEck specifically pointed out a particular risk in its submitted Solana spot ETF application that was not seen in other ETF applications, namely the concentrated ownership of SOL tokens.According to VanEck's documents, at the end of November last year, the largest 100 wallets containing SOL tokens held about one-third of the circulating SOL. The document emphasizes: "Due to this concentration of ownership, significant sales or distributions by such holders may adversely affect market prices." Since the distribution of SOL tokens is not as widespread as that of Bitcoin and Ethereum, this concentrated ownership situation may become an obstacle to the approval of the VanEck Solana ETF.Additionally, VanEck listed many of the same risks in its Solana ETF application that were included in its Ethereum ETF application.

ChainCatcher news, American rapper Gazzy Garcia (commonly known as Lil Pump) shared a post on Instagram, in which Gazzy Garcia claimed that he has sold his SOL and asked his fans if they liked his new tattoo.It is reported that Gazzy Garcia is known for his 2017 single "Gucci Gang," which ranked third on the Billboard Hot 100.

According to ChainCatcher news, citing sources familiar with the matter, FTX's bankruptcy administrators have sold about two-thirds of their Solana token reserves, valued at approximately $2.6 billion, at a significant discount, attracting participation from industry giants such as Galaxy Trading and Pantera Capital.Sources indicate that FTX sold 25 to 30 million locked SOL tokens at a price of $64 each, and they declined to disclose their identities to discuss confidential terms. This could raise up to $1.9 billion for FTX's estate.

ChainCatcher message, X user @Solar posted 8 hours ago, stating that an anomaly was found in the price of SOL tokens on the Jupiter platform, where 100 SOL tokens could be purchased for 294 USD, with an average price of about 2.94 USD.Subsequently, Jupiter's official response stated that due to issues with the deployment of market crawlers, the exchange API and DCA orders were affected for about 22 minutes, and the issue has now been resolved. If users have incurred any losses on their DCA or exchange orders, please be sure to apply on the Jupiter Discord for a full refund.

ChainCatcher news, Marinade Finance's liquid staking derivative mSOL token price on Solana dropped from $77 to below $67 in just a few minutes last night, a decline of 18%, and then quickly rebounded.According to data from The Block Research, a large whale seems to have caused the sharp drop in mSOL price by swapping over $5 million worth of mSOL derivatives for SOL.