Key Insights:
- Galaxy (GLXY) stock needs stronger buyer activity before a clear 30% rebound.
- Faster AI delivery at Helios may push Galaxy stock value higher in 2026.
- The stock price still reacts to crypto trends even as its AI business grows.
Galaxy Digital (GLXY) stock moved up about 3% in the last day and now trades near $26. For the full year, it is still up more than 45%, but the last month has been weak.
Many traders want to know if Galaxy stock can rise again or if it will stay weak until bigger news comes.
To understand this, we look at the price chart, the progress in Galaxy’s new AI data-center work, and the one indicator that must turn positive before a strong rise can happen.
Galaxy (GLXY) Stock Shows Support, but With a Catch
Galaxy (GLXY) stock was trading near $22 a few days ago. Now it has moved up from that zone.
The next important lines on the chart sit near $31 and $34. These lines stopped the price earlier, so they can stop it again.
If GLXY stock moves above $34, the price can move toward $45, which was the old high this year. But if it goes under $22 again, the next major support sits near $19.
The RSI gives the first simple sign that the stock can rise again. RSI means Relative Strength Index. It shows if a stock has gone up or down too fast.
When we compare April 2025 to November 2025, the price made a higher low, but the RSI made a lower low. This is called hidden bullish divergence, but in very simple words, it means the long move is still not broken.
It says the bigger trend is still pointing up, even though the short-term picture looked weak. But we also look at the Chaikin Money Flow (CMF).
It shows if strong buyers are putting money into the stock. When the CMF stays below zero, it means sellers are still stronger. Right now, the CMF is below zero.
GLXY stock needs the CMF to move above zero and stay there. Only then can we say buyers have returned in a clear way.
Faster AI Delivery Can Be Optimistic for Galaxy Digital
Galaxy Digital runs two main businesses. One is crypto trading, lending, and asset management. The second is a new data-center business.
This data center business grew out of an old Bitcoin mining site in Texas called Helios. Galaxy bought this land in 2022.
Later, they found that Helios is very large, has a lot of power capacity, and is good for AI computer work. AI companies need very large computers with high power, and Helios can support this.
CoreWeave is a major AI cloud company. In 2025, CoreWeave signed long-term lease contracts with Galaxy for up to 800 megawatts (MW) of power at Helios.
Galaxy first said Phase I (133MW) would be ready in the first half of 2026, Phase II (260MW) in 2027, and Phase III (133MW) in 2028. But CoreWeave’s new filing in late 2025 shows something different.
It groups Phase I and Phase II together and says the full 393MW may be ready in 2026. This is earlier than Galaxy first said.
And this could be a bullish sign for the GLXY stock price. The market tends to react better to positive news.
If this happens, Galaxy can earn much more in 2026. Earlier, analysts expected only Phase I to earn money in 2026. This pointed to about $215 million in EBITDA.
With both Phase I and Phase II active, this number can be close to $637 million. This is a very large change. It also shows Galaxy is able to build these large data-center units on time.
This makes it easier for Galaxy to sign the next 800MW of capacity, which may go to a big company like Google, Microsoft, or Amazon once the Texas power authority approves the plan.
Galaxy (GLXY) Stock Still Keeping Ties to Crypto
Even with the AI story growing, Galaxy (GLXY) stock still reacts strongly to the crypto market. Some analysts say Galaxy may not get a strong rise until Bitcoin or Ethereum makes a clear move.
This is because many investors still see Galaxy as a crypto company first and an AI company second.
They may wait until Phase I at Helios starts earning real money before they treat Galaxy as a full AI stock. But the crypto business of Galaxy is still strong.
The company made about $505 million in net income in Q3. This shows what the business can do when crypto trading and lending get strong demand.
The market value of Galaxy Digital (GLXY) is about $10.5 billion, and more than $3.5 billion of that is cash and assets on the balance sheet.
This means investors are paying around $7 billion for both the crypto business and the full AI data-center business together. Many analysts believe this price is still low if the company delivers more AI power earlier than expected.
The picture is simple. The GLXY stock price has signs of strength, but it needs clear buying to rise by 30% from here. A move that is still possible per the technicals.