Binance Labs Invests In Solana Restaking Network Solayer

Binance Labs has invested in a Solana restaking network, Solayer, gaining notable attention from the market. The investment primarily focuses on enhancing the Solana ecosystem by boosting decentralized application (dApp) security and network bandwidth. Following the announcement, Solana’s price surged by 2%, reflecting market optimism despite volatile trading noted in the broader market.