Robinhood has launched its Ethereum (ETH) and Solana (SOL) staking services in the US
The post Robinhood has launched its Ethereum (ETH) and Solana (SOL) staking services in the US appeared on BitcoinEthereumNews.com.
Robinhood has launched its Ethereum (ETH) and Solana (SOL) staking services in the US. The feature, which was previously available to Robinhood’s European customers, now brings the ability to stake ETH and SOL directly through the platform for US users. The staking process involves users locking their tokens to validate transactions and contribute to network security, then earning rewards. Rewards are distributed based on the respective network’s protocol rates, with Robinhood taking a share depending on the asset and processing structure. Staking is now available for U.S. customers. Stake ETH and SOL on Robinhood Crypto with as little as $1 of crypto. pic.twitter.com/sD5l2rRPxN — Robinhood (@RobinhoodApp) July 10, 2025 According to the announcement, Robinhood users can begin staking with as little as $1. The rollout follows a prolonged wait due to regulatory uncertainty that previously kept the firm from offering these services domestically. Robinhood staking process While staking Ethereum, customers can earn rewards between 50% to 100% of the protocol rate. The variation depends on the platform’s approach. It aggregates different user stakes to meet validator requirements. This allows smaller investors to take part in staking without needing to meet the full validator criteria themselves. At the same time, Solana staking allows users to lock their SOL tokens in the network and receive staking rewards. Robinhood’s platform simplifies the process by handling all technical aspects. This makes it accessible to even novice crypto users. While the new staking services are accessible, they have certain restrictions. In several states, including as California, Maryland, New Jersey, New York, and Wisconsin, Robinhood does not allow users to stake. The platform has expressed its intentions to expand its crypto services. Robinhood acquired Bitstamp and WonderFi earlier this year to expand its operations in the crypto financial services realm. Robinhood aligns with the US pro-crypto administration…
Filed under: News - @ July 10, 2025 11:21 pm