Key notes
- Galaxy Digital published a profit of $ 156 million in T2 2025, reversing last year’s loss.
- Solid performance comes from commercial gains and higher management fees.
- CEO Mike Novogratz said that the adoption of institutional cryptography is stimulating long -term growth.
Galaxy Digital made the headlines this week after transferred 500,000 Solana
GROUND
$ 202.7
24h volatility:
0.3%
COURTIC CAPESSION:
$ 109.59 B
Flight. 24 hours:
$ 6.70 B
worth around $ 103 million in Coinbase.
Chain records of Arkham Intelligence reveal that the deposits have come in several slices of 50,000 to 80,000 soil, each valued at around $ 10 million.
The most recent transfer, August 31, involved 50,000 soil worth almost $ 9.9 million, with a systematic approach rather than a single bulk transaction.
Galaxy Digital has deposited 500,000 $ Soil($ 103 million) at #Coinbase In the last 5 days. pic.twitter.com/zb77afndbh
– Lookonchain (@lookonchain) September 2, 2025
Exchange deposits raise questions
Large -scale transfers to exchanges generally trigger the speculation of the possible sales pressure. While Galaxy still keeps around 2,000 soil (around $ 400,000) alongside a diverse pest of tokens such as Pyusd, Popcat, JTO and Helium, the size of its last movement has attracted market attention.
For merchants, the question is whether it signals short -term liquidity needs or the start of profit in the midst of Solana’s recent force.
At the time of the press, Solana was negotiated at around $ 203, a level that held firm despite the $ 103 million entrances to the Coinbase wallets.
Balance short -term movements with long -term ambitions
Interestingly, exchange deposits occur at the same time as the reports suggest that Galaxy builds a solana treasure of a billion dollars, according to Milk Road.
Galaxy Digital builds a Solana treasure of $ 1 billion
Who would make galaxy one of the largest $ Soil The world’s holders, 3x larger than today Upexi’s leader.
If confirmed, $ Glxy Will not only be a cryptographic company.
It becomes the proxy listed on the stock market for Solana.
– Milk Road (@milkroaddaily) August 31, 2025
If it is finished, it would make Galaxy one of the largest soil holders in the world, about three times larger than the current leader, Upexi.
Such an accumulation of ambitious cash would effectively make Galaxy ($ glxy) a proxy on the stock market for Solana, offering traditional investors a direct game on ground performance.
The double strategy, short -term liquidity management via exchange transfers and long -term positioning through a massive treasure, highlights the evolutionary role of Galaxy in Solana’s ecosystem.
Sol price analysis: analysts targets
On the technical side, Solana’s weekly graph depicts a bullish painting despite short -term concerns. The analyst DUS stressed that Sol has recovered its monosquis macro corner structure, properly bouncing to the 200 -week mobile average.
The DUE graph shows how the price has recovered support for the trend line after having retest, establishing a strong structural base. The analyst highlighted $ 250 as a key resistance area.
$ Soil The weekly graphic has just broken in the upright corner.
Clean reclaim of the trendline macro + 200W my bounce = strong structure.
The key resistance remains ~ $ 250 – Break this and we are heading for prices.
Target in mid-term: $ 400 +
The risk still exists but the structure seems … pic.twitter.com/odxfeytxti
– Dus⚡️ (@dusxbt) September 1, 2025
A successful breakthrough above this level could push soil in the price discovery, with a mid-term lens of $ 400 +. The reasoning comes from the ascending channel in the area, where a break above the previous summits unlock an unexplored territory for buyers.
On the other hand, analyst Ted Pillows offered a more cautious socket. He noted a liquidity cluster in the range of $ 160 to $ 180 which could be swept away if Bitcoin
BTC
$ 110 114
24h volatility:
0.5%
COURTIC CAPESSION:
$ 2.19 T
Flight. 24 hours:
$ 40.88 B
and Ethereum
Ethn
$ 4,378
24h volatility:
2.1%
COURTIC CAPESSION:
$ 528.28 B
Flight. 24 hours:
$ 28.77 B
lose momentum in September.
In his opinion, such a correction would be healthy before Solana embarked on a new race of all time in the fourth quarter.
Market implications
Techniques pointing to $ 250 like the next battlefield and analysts discussing the possibility of $ 160 to $ 180, traders will face a finely balanced market between short -term volatility and long -term opportunities.
$ Soil has a decent liquidity cluster around $ 160 at $ 180.
If $ BTC And $ ETh Show a lack of momentum, large caps will undergo severe corrections.
I think $ Soil could sweep liquidity down in September before a new ATH in the fourth quarter. pic.twitter.com/zes9zkgk56
– Ted (@tedpillows) September 1, 2025
For the moment, Solana remains one of the most watched altcoins in the cycle and perhaps the Crypto following to explode in 2025.
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Non-liability clause: Coinspeaker undertakes to provide impartial and transparent reports. This article aims to provide precise and timely information, but should not be considered as financial or investment advice. Since market conditions can change quickly, we encourage you to check the information for yourself and consult a professional before making decisions according to this content.
Cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the world of crypto and finance, the collection of experience and expertise in space after having survived bear markets and bulls over the years. STHTH is also an author of 4 self-published books.
Parth Dubey on LinkedIn
