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

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 SOL - $118.658 tokens, which could ease the sell-side pressure that is currently weighing on Solana.

Source: coingape.com

Related symbols: SOLUSD

2025-03-08 14:12:06 GMT.

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Price & Market Data

Price: $118.658

Volume 24h: $4,568,541,303.17

Market Cap: $61,043,736,507.16

Description

Solana (SOL) is a cryptocurrency launched in 2020. Solana has a current supply of 597,685,399.177591 with 514,450,098.002601 in circulation. The last known price of Solana is 118.97801444 USD and is up 4.24 over the last 24 hours. It is currently trading on 867 active market(s) with $4,457,643,238.03 traded over the last 24 hours. More information can be found at https://solana.com.