Popular investment platform Robinhood has officially launched Ethereum (ETH) and Solana (SOL) staking service for its US users. This step allows users to earn rewards by locking their digital assets to ensure network security. Users will be able to stake ETH and SOL assets on Robinhood's platform. Rewards will be distributed according to protocol rates determined by the respective blockchain networks, minus any applicable fees. For Ethereum staking, Robinhood creates validator pools by pooling users' stakes to meet the 32 ETH requirement. This method allows users to earn rewards ranging from 50% to 100% of the protocol rate. However, the service is currently not available in California, Maryland, New Jersey, New York, and Wisconsin. Additionally, starting October 1, 2025, Robinhood Crypto will charge a 25% platform fee on staking rewards. In addition, fees from third-party staking partners will also apply. Robinhood has previously shied away from staking due to regulatory uncertainty in the US and SEC sanctions on cryptocurrency. However, recent increased legal clarity has made it possible for the platform to enter the space. *This is not investment advice.
Bitcoin Primed for $180K Surge With Fed Shift, Debt Spiral, and Corporate Buying
2 hour ago
Pump.fun Token Surges in Pre-Market—But Whales Are Shorting It, Why?
2 hour ago
Thailand, China on alert over illegal ‘crypto’ sites, schemes
2 hour ago
Bitcoin Sets New All-Time High Above $116.5K, Fueled by Institutional Demand
2 hour ago
Ethereum Price Spikes To $3K — Breakout Confirms Bullish Trend
2 hour ago
USDT Strengthens Lead as Top Stablecoin, Capturing Over 62% of Market Share
2 hour ago