Galaxy Digital withdraws 95 million USD in SOL from exchanges

On April 21, 2025, Galaxy Digital withdrew around 95 million USD in Solana (SOL) from exchanges. This move underscores significant institutional confidence, influencing SOL’s liquidity and market dynamics.

The withdrawal reduced market liquidity, possibly stabilizing SOL’s price. As of the same date, SOL trades at 138.76 USD with a market cap of 71.72 billion USD, reflecting growing interest in the Solana ecosystem.

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