Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Bitget VIP Weekly Research Insights

VIP
Bitget VIP Weekly Research Insights

Bitget2024/11/08 06:08
By:Bitget VIP

The Solana ecosystem has shown remarkable performance this year. The 24-hour trading volume on Solana's DEXs frequently surpasses that of Ethereum, and the SOL/ETH exchange rate has steadily risen. Coinbase's recent Q3 earnings report revealed that SOL now accounts for 11% of its trading revenue, highlighting users' strong interest in trading SOL. During this market cycle, it can be advantageous to hold SOL positions. Additionally, holding SOL-based LSTs allows you to earn annualized returns that are denominated in SOL. Bitget has partnered with Solayer, Orca, Save, and Kamino to launch BGSOL, and will work to expand BGSOL's applications. With the support from Bitget, BGSOL currently offers the highest APR among SOL-based LSTs.

We provide exclusive Web3 research updates alongside Bitget ecosystem developments, product dynamics, and VIP promotions every week. Subscribe now and don't miss out! (November 8, 2024) 1. Reason for recommendation BGSOL currently provides the highest APR among SOL-based LSTs, as shown below: SOL-based LSTs APR Notes BGSOL (issued by Bitget) 30.15% Issued by Bitget; total APR = base APR of 8.15%
VIP news
Become a Bitget VIP
Unlock article
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.