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Solana Price Eyes Parabolic Rally as Galaxy Digital Stakes $40M SOL

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Solana Price Eyes Parabolic Rally as Galaxy Digital Stakes $40M SOL - CoinGape

Quick Summary:

Solana price could be poised for a parabolic rally amid a rise in staking activities by institutions.

Recently, Galaxy Digital staked $40M worth of SOL tokens, which could ease the sell-side pressure that is currently weighing on Solana.

However, a sudden surge in staking activity could turn the tide and push the SOL price higher.

More Pictures

Solana Price Eyes Parabolic Rally as Galaxy Digital Stakes $40M SOL - CoinGape (Picture 1)Solana Price Eyes Parabolic Rally as Galaxy Digital Stakes $40M SOL - CoinGape (Picture 2)Solana Price Eyes Parabolic Rally as Galaxy Digital Stakes $40M SOL - CoinGape (Picture 3)Solana Price Eyes Parabolic Rally as Galaxy Digital Stakes $40M SOL - CoinGape (Picture 4)Solana Price Eyes Parabolic Rally as Galaxy Digital Stakes $40M SOL - CoinGape (Picture 5)

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Article Details

Author / Journalist: muthoni

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-08 @ 13:10:44 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 419 words

Reading Time: 3 minutes read

Sentences: 39 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 26739991

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 7 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

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The story "Solana Price Eyes Parabolic Rally as Galaxy Digital Stakes $40M SOL" has 419 words across 39 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Solana Price Eyes Parabolic Rally as Galaxy Digital Stakes $40M SOL" was covered 1 days ago by CoinGape, a news publisher based in India.

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The outlet is headquartered in India and publishes an average of 7 news stories per day.

It's most recent story was published 10 hours ago.

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  • URL: https://chronographically.beamstart.com/news/solana-price-eyes-parabolic-rally-17414398154736

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