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.