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Galaxy Digital brings Solana staking to GalaxyOne retail platform

"Galaxy Digital brings Solana staking to GalaxyOne retail platform"
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Galaxy Digital has expanded the crypto features on its GalaxyOne platform with the launch of Solana staking for eligible U.S. clients. 

The new service lets users earn variable rewards on SOL held on the platform, adding another yield option as crypto apps compete to keep users inside one account.

Meanwhile, the company said GalaxyOne users can now stake Solana directly through the app and earn up to an estimated 6.50 percent in variable rewards. 

Galaxy will waive platform commissions on staking through December 31, 2026, as it widens the platform’s digital asset offering for individual investors.

GalaxyOne adds staking to its retail platform

Galaxy Digital announced the new staking feature on Tuesday, saying GalaxyOne clients in more than 40 U.S. states and jurisdictions can now access Solana staking from within the app. 

The company stated the launch builds on GalaxyOne’s existing setup, which already supports high-yield cash products, equities, and crypto in one account.

In addition, eligible users can start by either buying SOL directly on GalaxyOne or transferring tokens from an external wallet. Once the tokens are staked, rewards begin to accrue and compound automatically. 

Galaxy added that users can view staked balances, transaction history, and tax records through one interface.

The service gives retail clients access to the same validator infrastructure the firm has used on the institutional side. Rather than sending customer assets to a third-party validator, Galaxy said every staked SOL on GalaxyOne is delegated to Galaxy’s own validator.

Zac Prince, head of GalaxyOne, mentioned the company built the platform to bring institutional-grade crypto tools to individual users. 

”Individual investors deserve access to crypto tools and opportunities of the same quality that institutions have had for years, and GalaxyOne was built to close that gap,” he stated.

Moreover, staking launched with Solana first, while Ethereum support is expected later. 

”Staking launches today with SOL, with ETH coming soon, and our clients can now buy, transfer, trade, earn rewards, and manage their crypto alongside the rest of their financial portfolio, all in one platform,” Prince added.

Galaxy leans on its validator business

Galaxy stated the retail staking feature is powered by its own validator infrastructure, which it described as one of the larger Solana validator operations globally over the past several years. That setup allows it to manage the full validator stack rather than depending on outside providers.

That part of the rollout matters because staking services often depend on outside validator partners. Galaxy is instead using infrastructure it already operates for institutional activity and extending it to retail clients through GalaxyOne. The move ties the company’s consumer product more closely to its existing crypto operations.

Furthermore, this gives users direct access to staking while keeping the service inside the same platform they use for the rest of their holdings. The app offers real-time execution and transparent pricing with no transaction spreads for crypto purchases tied to the staking process.

The launch adds another feature to a retail crypto market where bundled products have become more common. Trading, custody, yield, and portfolio tracking are now increasingly offered together by platforms trying to keep users from moving between multiple apps.

Galaxy’s move also places it in more direct competition with firms such as Coinbase and Robinhood, which already provide retail users with combined trading and staking tools. In that market, platforms are competing on price, user experience, supported assets, and state-level access.

Solana staking stays active despite price weakness

The Solana staking launch comes at a time when the token remains under pressure. SOL traded at around $83 on Tuesday, down almost 1 percent over the past 24 hours and 7 percent over the past seven days, according to CoinGecko data.

Source: CoinGecko
Source: CoinGecko

Even with that decline, staking demand has continued to draw attention across the market. Yield remains one of the main reasons many investors hold proof-of-stake assets such as Solana, especially when price action stays weak or volatile.

The broader argument behind staking products is that users can earn network-based rewards on idle tokens rather than leaving them unused in custody accounts. 

That has made staking a standard feature for many major crypto platforms, especially as retail users look for ways to earn returns without active trading.

Additionally, Galaxy mentioned rewards on GalaxyOne are variable and depend on factors such as network conditions, validator performance, and staking participation. That means returns may move over time rather than stay fixed at one rate.

The staking rollout also arrives as Solana-based investment products continue to gain more attention. New exchange-traded products tied to Solana and liquid staking have widened access to the asset for investors who want both market exposure and onchain yield.

Retail crypto platforms push deeper into yield products

Galaxy’s move fits into a wider shift across digital asset platforms. More firms are adding yield products to keep users engaged and to offer more than spot trading. In practice, that means users can buy tokens, hold them, stake them, and track their rewards from the same account.

To attract early users, Galaxy said it will charge no platform commission on staking through the end of 2026. That limited-time pricing could help it win users in a market where fees remain a key part of competition.

The company has also been widening its digital asset footprint beyond retail trading. In November last year, Galaxy Digital launched tokenized GLXY shares on Solana through Superstate, making its SEC-registered Class A common stock available in tokenized form on a public blockchain.

That earlier launch showed that Galaxy was already using Solana as part of its broader digital asset strategy. The new staking product extends that connection by bringing a Solana-based yield feature to retail clients on GalaxyOne.

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