

Stader Labs TVL Continues Rising Since August BNB Chain Launch

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Six weeks since its launch on BNB Chain, liquid staking protocol Stader Labs has seen tremendous growth in TVL, staked BNB, partnerships and more.
Liquid Staking With Stader Labs on BNB Chain
Since its launch on BNB Chain on Aug. 5, the liquid staking solution from Stader Labs has seen tremendous growth, including a surge in the amount of staked BNB, partnerships with seven decentralized finance protocols, integrations with several wallets, and much more.
Founded in 2021, Stader Labs is a non-custodial smart contract-based staking platform that is currently deployed on BNB Chain, Fantom, Hedera, Near, Polygon and Terra 2.0.
Since the BNB Chain launch, more than 1,300 users have staked $BNB via Stader. Almost immediately upon launch, Stader’s Total Value Locked (TVL) rocketed to $3 million, and it has risen steadily since then.
According to data from Dune Analytics, the project’s TVL on BNB Chain stood at $12.1 million as of publication. Further, 39,434 $BNB (valued at $10.7 million) were staked with Stader.

Project Partnerships
To ensure its continued success, within six weeks of its deployment on BNB Chain, Stader has partnered with seven Decentralized Finance (DeFi) projects native to BNB Chain. The various partnerships have one thing in common - to provide users with access to more DeFi-based opportunities where they earn additional yields on top of their staking APYs.
Stader’s BNB Chain partners include Wombat Exchange, Ellipsis Finance, Apeswap, iZUMi Finance, Beefy Finance, OpenLeverage and DeltaTheta.
Wallet Integrations
Stader has integrated with a variety of wallets since its launch on BNB Chain to ensure that a wide range of users have access to its service offerings. That includes MetaMask, Binance Wallet, Trust Wallet (via WalletConnect), Safepal Wallet, Coin98, Coinbase Wallet, and Ledger (via WalletConnect).
As stated above, Stader Labs is currently deployed on six different chains, with BNB Chain being the most recent.
In the latest edition of its fortnightly update, published on Sept. 18, Stader confirmed that its total TVL across all chains is $100 million. Although its the newest deployment, Stader’s TVL on BNB Chain alone was $11.2 million, putting it above Near ($9.4 million), Terra ($9.1 million), and Fantom ($9.1 million).
Further, save for its pools on Hedera, Stader’s BNBx/BNB pools on platforms such as OpenLeverage, DeltaTheta, and Wombat Exchange offer the highest yields among all chains, per the report.

What Is Stader Labs:
Stader Labs was founded in April 2021 by Amitej Gajjala, Sidhartha Doddipalli, and Dheeraj Borra. It specializes in cryptocurrency stake management. Stader plans to use decentralized financial protocols and applications to manage stakes efficiently on public blockchain networks. Currently, the company's staking product is available on Hedera, Polygon, BNB Chain, NEAR, Terra 2.0 and Fantom blockchains. Stader plans to extend its support to Solana, Ethereum and Avalanche soon.
Stader Labs raised $12.5 million this January in a strategic private sale, raising their valuation to $450 million. Stader Labs is backed by Pantera Capital, Coinbase Ventures, Jump Capital, Accomplice, Accel, Huobi Ventures, Hypersphere, and True Ventures, among others.
Where to find Stader Labs:
Website | Twitter | Medium | Telegram | Discord
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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Shift In Buying Momentum: Investor Interest Rises In Pullix ($PLX) Over Solana (SOL) and Polkadot (DOT)

Solana (SOL) and Polkadot (DOT) have come a long way in 2023, each seeing some investor activity. However, Pillux, an upcoming DeFi platform, is looking more profitable in the long run for investors.
Solana (SOL) and Polkadot (POL) are among the top 20 cryptocurrencies by market capitalization and are two altcoins pulling the attention of investors looking to quadruple their profits. But there's another coin that is quickly becoming a top pick for investors, amassing a range of remarkable features that set the scene for it to be one of the best new cryptos to invest in as the crypto market shows more excitement. In this piece, let's find out why Pullix is gaining more interest than Solana and Polkadot.
Pullix ($PLX): Assets Diversification and Liquidity Provision Rallying Investors
Pullix ($PLX) is a highly promising cryptocurrency project set to revolutionize the trading landscape by offering a comprehensive range of assets, including commodities, ETFs, and forex, rarely found in traditional platforms. Distinguishing itself from the norm, Pullix implements a fee structure with zero commission fees and visible tight spreads, enhancing overall profitability for traders, aligning with decentralized finance (DeFi) principles.
Playing a pivotal role in resolving liquidity issues within the DeFi space, Pullix introduces a liquidity provision, allowing traders to contribute liquidity through its dedicated Market Making Liquidity Contribution feature. Additionally, investors can stake cryptocurrencies like ETH and BTC to enhance liquidity in the order book.
Another interesting feature offered by Pullix is the opportunity for traders to earn a passive monthly income through staking other cryptocurrencies for a fixed period and interest rate. This unique offering sets Pullix apart, as major players like Coinbase or Binance do not currently provide a comparable feature.
Currently trading at $0.04, Pullix positions itself as an attractive investment option for traders seeking a unified platform for seamless trading, rewards accumulation, and wealth enhancement. The $PLX, doubling as both governance token and native asset, acts as a gateway to a host of enticing features, including platform usage, exclusive access, reduced trading fees, rewards unlocking, exchangeability, and staking.
Considering its comprehensive features and a projected 100x surge in price, industry experts anticipate a growing influx of investors that may consider Pullix over Solana and Polkadot.
Solana (SOL) Sees More Bullish Sentiment But Investors Are Careful
Solana (SOL) has seen a surprising price surge to $61 since the start of the year when it traded for $9. However, Solana (SOL) has not maintained this upswing. It is currently worth $61, compared to a high price of $66 on December 6, 2023.
In addition to its surge, SOL caught the crypto market's eyes with its total value locked (TVL) on Solana rising to around $670 million on December 5, according to DefiLlama. This last occurred in November 2022.
Sentiment around the Solana coin is bullish, with analysts saying it could witness an upward climb. InvestAnswers, a prominent crypto analyst, predicts that Solana (SOL) might capture 10% of Ethereum’s market capitalization in the next bull market.
If the Solana price sustains above its current price, the altcoin will continue its climb. Regardless, investors are aware that SOL has been trading under bearish for a week and are being careful. However, the price continues to trade above the pivotal support.
Polkadot (POL) Witnesses 7 Day High Of above 6%, a 10.23% Increase
Polkadot (POL), a layer 0 blockchain focused on interoperability and scalability, rose 10.23% to $6.13 on December 6, after seven days of trading above the $5 mark.
Between November 1 and November 30, Polkadot price (DOT) surged 16% from $4.45 to $5.16. Moreover, between November 23 and November 30, Polkadot (DOT) gained 7% as its price moved from $5.21 to $5.56.
Investors still hold a 41% bearish sentiment for the Polkadot coin, according to experts at Changelly. The coin was outperformed by 60% of the top 100 cryptocurrency assets in one year.
Nevertheless, many analysts hold that the project still possesses potential. They predicted Polkadot (DOT) might reach $7 in December 2023, but some investors aren't entirely keen. This may have contributed to the rise of investors flocking to Pullix as it has a great potential of witnessing a price and value surge once it launches in 2024.
For more information regarding Pullix’s presale, see links below:
Disclaimer: This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $400. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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