Robinhood Launches Ethereum Solana Staking Services for US Customers

Robinhood, a prominent US-based trading platform, has launched Ethereum (ETH) and Solana (SOL) staking services for its American customers, effective from July 10, 2025. This expansion, despite regulatory limitations in certain states, represents a notable advancement in Robinhood's cryptocurrency service offerings.

The introduction of staking services for ETH and SOL follows a period of regulatory uncertainties and marks a strategic growth in Robinhood's crypto offerings. This move is significant as it opens up the opportunity for retail investors to participate in staking with a minimum investment of just $1, thereby lowering the entry barrier for many crypto enthusiasts.

The launch was officially confirmed through Robinhood’s Twitter account, which also announced a 25% commission on staking rewards starting from October 2025. This fee structure, while potentially deterring some users, is balanced by the low minimum stake requirement, which could attract a significant number of retail investors.

Despite the service being unavailable in states such as California, New Jersey, Maryland, New York, and Wisconsin due to regulatory restrictions, the launch reflects a broader national acceptance of cryptocurrency staking. This move positions Robinhood alongside other major players in the crypto space, such as Coinbase, which has also faced regulatory scrutiny.

Robinhood’s entry into the US staking market for ETH and SOL could potentially increase the total value locked in these networks by making staking more accessible to retail investors. The platform will pool ETH stakes to meet the 32 ETH validator requirement, with users potentially earning 50% to 100% of the protocol’s rewards. Solana staking is also fully managed, simplifying the process for users and investors.

This expansion is part of Robinhood’s broader strategy to enhance its digital asset offerings. Recent acquisitions of Bitstamp and WonderFi, along with plans to develop its blockchain on Arbitrum, underscore the company’s commitment to growing its presence in the digital asset space. The move to offer staking services for ETH and SOL aligns with the growing mainstream acceptance of cryptocurrencies and highlights the potential for passive income through staking.

Future outcomes may include growing user engagement and shifts in regulatory compliance across different states. While similar ventures have led to scrutiny, Robinhood’s strategy exhibits responsiveness to the evolving US crypto regulatory landscape, leveraging a state-focused approach. This positions the company as a key player in the evolving landscape of digital assets, demonstrating its ability to adapt and innovate in a rapidly changing market.