A whale address pledged 6653 SOLs for BGSOL yesterday, worth $1.1 million
Solscan data shows that on October 22 at 23:50, a whale address starting with 56Uv staked 6,653 SOL as BGSOL, worth $1.1 million. BGSOL is a liquidity staking solution launched by Bitget and Solayer, where users can stake SOL to receive BGSOL tokens. The official statement indicates that in addition to receiving staking rewards, BGSOL can also be used for other DeFi activities. According to Solayer data, the current BGSOL TVL is $11 million.
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.
You may also like
Analyst Predicts SOL to Outperform Bitcoin in Growth Race: Solana Rising?
Despite Q1 Underperformance, Analysts Remain Bullish on SOL's Growth Prospects Compared to BTC
Robert Kiyosaki Sees Pain Ahead: Millions Face Job Losses as Trump and Musk Slash to Save US Dollar
New spot margin trading pair — PAXG/USDT!
Market Expert Warns of Potential Decline in Major Cryptocurrencies
In Brief Jason Pizzino warns of further losses in XRP, Solana, and Ethereum. Technical indicators suggest continued downward trends for these cryptocurrencies. Market corrections prompt investors to stay informed on price projections.
Trending news
MoreCrypto prices
More
