The post Robinhood Launches ETH & SOL Staking appeared on BitcoinEthereumNews.com.

Robinhood has broken into the cryptocurrency space in a big way. Days after announcing its major debut with a push for tokenization of stocks and stating that it is developing an L2 on Arbitrum, the company has now opened the doors to Ethereum and Solana staking in the US. With this move, users in the US can now lock in as little as $1 on the Robinhood crypto app. According to the website, Robinhood’s crypto staking feature will have its own bonding period, which will determine the rewards. This news highlights the rapid emergence of new players in the cryptocurrency economy. Some of these new players may be retail investors who are looking for the best crypto to buy now to ride this new wave. Staking Available in Select States in the US Despite the US’s progressive stance on cryptocurrencies, things have been a bit confusing when it comes to staking. Critics say it is primarily a way to generate money, while crypto enthusiasts describe staking as a method to maintain a blockchain network. As a result, Robinhood does not allow staking support in certain states, namely California, Maryland, New Jersey, New York, and Wisconsin. Regarding the rewards users can generate, Robinhood has clearly stated on its staking-related page that the reward rate will be dynamic and dependent on market conditions. This makes sense and creates a realistic expectation around the staking ecosystem. It also shows that Robinhood doesn’t want to toe the line that could lead to violating any staking-related regulations. More Staking Facilities Could Be Better for Solana and Ethereum The emergence of new staking facilities for Solana and Ethereum could lead to more buyers for both of these assets. Solana, which has already broken out of its symmetrical triangle pattern, has now started to consolidate at a…

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Filed under: News - @ July 13, 2025 8:22 am