Robinhood Expands Its Cryptocurrency Offerings: Staking for Ethereum and Solana
Last updated: Friday, July 11, 2025
Quick Overview
- Robinhood introduces staking for Ethereum (ETH) and Solana (SOL) for US users.
- Investors can start staking with just $1, lowering entry barriers.
- Ethereum staking rewards can range from 50% to 100% of the protocol rate.
- Staking is unavailable in California, New York, and Wisconsin due to regulatory restrictions.
In a significant development, Robinhood has expanded its cryptocurrency offerings for U.S. users by introducing staking for
Ethereum (ETH) and Solana (SOL). This feature allows retail investors to earn passive income, breaking down barriers that typically deter entry into the crypto space. Previously, staking was only available in Europe, but Robinhood’s move signifies its commitment to enhancing user experience in the U.S. market.
The new staking experience is designed with user-friendliness in mind, making it accessible even for those who may not be well-versed in the complexities of cryptocurrency.
Robinhood has implemented an effective batching system for Ethereum staking, enabling rewards that can range anywhere from 50% to 100% of the protocol rates. This positions Robinhood as one of the more competitive platforms for crypto services, where users can begin staking with as little as $1.
However, it’s essential to note that not all users across the United States can take advantage of this feature. Staking services are currently unavailable in California, New York, and Wisconsin due to regulatory challenges. This highlights the ongoing compliance hurdles that the cryptocurrency industry faces, as different states impose varied regulations.
By enabling users to generate passive income through staking, Robinhood encourages a long-term perspective on asset holding, which can help reduce the volatility associated with rapid trading of tokens. On the other hand, some users might find enthusiasm tempered by the introduction of fees and stringent state-specific limitations that come with the staking service.
Olumide Adesina
Financial Market Writer
Olumide Adesina, a French-born Nigerian financial writer, tracks the financial markets with over 15 years of experience in investment trading.
