$SOL has seen a significant performance boost recently, driven by its advanced blockchain technology offering fast, low-cost and scalable transactions. This has led to increased user satisfaction and growth in dApps and DeFi projects, solidifying Solana’s position in the crypto space.

Now exchanges like Binance and Bitget are capitalizing on Solana’s popularity by offering $SOL restaking options, with APRs of 10.45% (Binance) and 22% (Bitget). Notably, Bitget’s BGSOL staking exceeded $10M in just 24 hours, highlighting strong user interest. As DeFi expands, Solana could emerge as a leading token.