According to ChainCatcher news and the official announcement, Binance will launch the BNSOL/USDT spot trading pair on October 17, 2024, at 08:00 (UTC), and will open trading bot services. In addition, Binance will add BNSOL as an eligible collateral asset in cross margin and isolated margin at 10:00 (UTC) on the same day, supporting the BNSOL/USDT and BNSOL/SOL trading pairs.

ChainCatcher message, Matrixport's latest report points out that Solana is the main beneficiary of the recent meme coin craze, as the issuance and trading costs on Solana are very cheap, while Ethereum's gas fees remain relatively expensive - until the Dencun upgrade. Therefore, this upgrade may lead to a decrease in SOL/USDT trading volume.