Solana News Today: Crypto.com Gives Web Stakers 19% Rewards, Raising the Bar for Flexibility and Growth

Crypto.com has expanded its staking capabilities by launching on-chain staking on its web platform, allowing users to earn up to 19% annual rewards on over 30 cryptocurrencies. This move follows growing global interest in crypto staking, with the DeFi market having grown by 15% in the past year. The platform enables users to stake tokens like Ethereum, Solana, and CRO from their computers, offering real-time earnings tracking and greater flexibility compared to mobile-only options. This development aligns with regulatory changes in the U.S., where new staking-related rules are set to take effect in August 2025, and with recent Ethereum and Solana upgrades that have made staking more efficient and cost-effective [1].

The new feature enhances user accessibility by addressing the preferences of individuals who favor larger displays and web-based control over their crypto portfolios. Unlike some platforms that lock users into long-term staking plans, Crypto.com’s offering allows users to switch staking strategies as needed. This flexibility, combined with competitive reward rates, positions the platform as a strong contender in a rapidly evolving market [1]. The move also aligns with broader industry trends, including increased institutional interest in digital assets and the expansion of staking infrastructure. For example, Frax has recently partnered with Crypto.com to provide institutional custody and liquidity services for its digital assets, including the native token of the Fraxtal blockchain, FRAX [2].

Crypto.com’s strategic timing coincides with a broader surge in staking activity, especially on Solana, where staking participation increased by 20% in the latest reporting period. The platform’s expansion into web-based staking is seen as a competitive response to other major exchanges like Binance, which has also enhanced its staking offerings. Despite these efforts, challenges remain, including regional availability issues—users in Nigeria have reported that the feature is not yet accessible in their location. Nonetheless, the platform has already seen positive market reactions, with the CRO token rising by 10% over the past month [1].

The company has also entered into a significant partnership with Trump Media and Technology Group Corp., under which Trump Media acquired 684.4 million CRO tokens through a 50% stock, 50% cash exchange. These tokens will be secured through Crypto.com Custody and staked to generate additional revenue. The agreement is part of a broader strategic collaboration that includes integrating CRO into Trump Media’s platforms, such as Truth Social and Truth+, via a rewards system powered by Crypto.com’s digital wallet infrastructure. This partnership underscores growing institutional confidence in CRO as a versatile utility token and highlights the broader role of crypto staking in expanding digital payment and financial infrastructure [3].

Industry observers note that the move reinforces Crypto.com’s leadership in the crypto staking space and aligns with the company’s vision of making cryptocurrency more accessible to a global audience. By offering on-chain staking on a web-based platform, Crypto.com is not only enhancing user experience but also contributing to the broader adoption of decentralized finance. As regulatory environments evolve and blockchain technology matures, the expansion of staking options is expected to play a key role in attracting new users and maintaining engagement with existing ones [1].

Source:

[1] Crypto.com Launches On-Chain Staking on Web Platform (https://www.livebitcoinnews.com/crypto-com-launches-on-chain-staking-on-web-platform/)

[2] Frax Selects Crypto.com for Secure Institutional Support (https://crypto.com/us/company-news/frax-selects-cryptocom-for-secure-institutional-support)

[3] Trump Media, Crypto.com Close Purchase Agreement (https://crypto.com/us/company-news/trump-media-cryptocom-close-purchase-agreement)