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Galaxy expands retail platform with SOL staking, targeting 6.5% yield

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 53 Views

Galaxy expands retail platform with SOL staking, targeting 6.5% yield

GalaxyOne adds Solana staking with variable rewards and zero-fee incentives, extending institutional validator infrastructure to retail users.

Galaxy Digital has introduced a Solana staking feature on its GalaxyOne retail platform, furthering its push into consumer crypto services amid intensifying competition among all-in-one trading apps.

In a Tuesday announcement, Galaxy said GalaxyOne users can now stake Solana (SOL) directly through the app, earning up to 6.5% in variable annual rewards. The yield is not fixed and depends on network conditions, validator performance and overall staking participation, meaning actual returns may fluctuate over time.

The rollout reflects a broader industry shift toward integrating yield-generating products into retail platforms, allowing users to earn passive income on idle crypto holdings rather than simply holding or trading them.

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