What is Binance-Peg SOL?

Binance-Peg SOL (SOL) is a Layer-1 blockchain network currently ranked 288th by market capitalization across all crypto assets we track. As a Layer-1 network, SOL provides settlement, consensus, and computation for a wider ecosystem of applications. The token plays a dual role: paying for transaction fees, and acting as the economic incentive securing the network.

Market position

At the current price of $85.47, Binance-Peg SOL carries a market capitalization of $94.02M. Daily trading volume across exchanges sits at roughly $1.24M. That works out to a 24-hour turnover of about 1.32% of the float — lower than the broad crypto market average, suggesting limited short-term speculative flow.

Price action across timeframes

Over the past 24 hours, Binance-Peg SOL has moved -0.09%; over the past week, Binance-Peg SOL has moved -7.17%; over the past 30 days, Binance-Peg SOL has moved -0.42%; over the past year, Binance-Peg SOL has moved -50.64%. The trend reads as broadly negative across timeframes — short-, mid-, and long-term momentum align downward.

Cycle position

Binance-Peg SOL is currently trading deeply below its all-time high (all-time high of $252.82, -66.2% from peak). Classic accumulation territory where long-term holders historically build positions. From its all-time low of $1.11, current pricing represents a +7,621% recovery.

Supply & dilution

The circulating supply stands at 1,100,000 SOL. There is no explicit cap on maximum supply — issuance follows a programmatic schedule defined in the protocol.

Volatility profile

Recent price action puts Binance-Peg SOL in the Moderate-volatility bucket. The asset shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual. Over the past 30 days, the 30-day move totals -0.42%, which traders should weigh against position sizing and stop-loss placement.

How to evaluate Binance-Peg SOL

A balanced read on SOL typically considers three lenses:

  • Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
  • Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
  • Comparable assets — how is SOL performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.

This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.

Project description

Binance-Peg SOL (SOL) is a token representing the Solana blockchain asset on the Binance Smart Chain, allowing for interoperability between the two networks. This pegged version of SOL facilitates trading and uses Binance's infrastructure. Source: CoinPaprika.com