Bybit will launch the exchange-supported liquid staking token bbSOL on the Solana chain

ChainCatcher message, Bybit announced the launch of the exchange-supported liquid staking token bbSOL on the Solana chain. bbSOL serves as a bridge between the Bybit centralized exchange (CEX) and Web3 platforms, providing users with returns. By staking Solana (SOL) on Bybit Web3, users will receive bbSOL tokens, unlocking more earning opportunities within Bybit's CEX and Web3 products.

Additionally, Bybit has launched the Sanctum token CLOUD, which has currently increased by 15%.