Galaxy Digital Launches SOL Staking on GalaxyOne in More Than 40 U.S. Jurisdictions
According to PRNewswire, eligible clients in more than 40 U.S. states and territories can stake SOL through GalaxyOne, with delegated tokens assigned to Galaxy Digital validators.
SOL
Summary
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Terms & Concepts
Staking: Locking crypto tokens to help secure a blockchain network and earn rewards.
Validator: A network participant that verifies transactions and helps maintain blockchain operations.
SOL: The native token of the Solana blockchain, used for fees, staking, and network activity.