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

Solana Price Eyes Parabolic Rally as Galaxy Digital Stakes $40M SOL
The Solana cryptocurrency price may experience a significant surge due to increasing staking activities by institutional investors. Galaxy Digital recently staked $40 million worth of SOL tokens, which could potentially reduce the selling pressure on Solana. With the rise in staking, there is a possibility for Solana price to recover from negative trends and initiate a rally.

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