Galaxy Digital has expanded its GalaxyOne retail platform to include Solana (SOL) staking services, marking the first time the firm’s institutional validator infrastructure will be available to non-professional investors. The new offering promises variable rewards with zero-fee incentives, potentially yielding up to 6.5% annually according to company materials.
The move comes as crypto staking gains mainstream traction following Ethereum’s transition to proof-of-stake consensus. Galaxy, which already provides institutional staking services for Ethereum, is now bringing similar infrastructure to Solana’s retail user base. “This represents a strategic bridge between traditional finance infrastructure and decentralized protocols,” noted a source familiar with the expansion.
Analysts suggest the timing aligns with growing institutional interest in Solana’s ecosystem. Network upgrades and improved stability following last year’s outages have reportedly increased validator confidence. The zero-fee structure differs from most retail staking products, which typically charge 10-15% commission on rewards.
Market observers will be watching adoption metrics closely, as the offering could test retail appetite for staking services amid ongoing regulatory uncertainty. The SEC’s continued scrutiny of staking-as-a-service models casts some uncertainty over the product category, though Solana’s classification as a potential non-security token may provide insulation.