Exchanges· ★★· bullish·

SOL becomes available as collateral on PhoenixTrade

  • —SOL can be used as collateral on PhoenixTrade
  • —The platform covers stock and commodity markets
  • —The announcement was made via the @solana account on X
Why it matters: Expanding SOL's use as collateral could boost demand and liquidity for the token if traders begin using it actively.
#SOL
Source: Coinfomania
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