Solana News Today: MoonPay Introduces Liquid Solana Staking with 8.49% APY Surpassing Ethereum's 4-5% APY

MoonPay has introduced a Solana (SOL) staking service within its app, offering users an annual percentage yield (APY) of up to 8.49% with rewards distributed every two days. The feature, now available in over 100 countries including the U.S. (excluding New York), Canada, and the UK, allows users to stake as little as $1 worth of SOL while retaining access to their assets via liquid staking tokens (mpSOL). This launch positions MoonPay as a competitor in the Solana staking ecosystem, joining existing platforms like Marinade and Jito, which offer similar liquid staking options through tokens such as mSOL and JitoSOL. The service emphasizes simplicity, enabling users to earn yields without running validator nodes or navigating complex protocols, aligning with the broader trend of mainstream crypto adoption.

The move reflects growing demand for flexible staking solutions, particularly on high-performance blockchains like Solana. Liquid staking has become a critical tool for users seeking to earn passive income while maintaining asset liquidity for decentralized finance (DeFi) applications. MoonPay’s 8.49% APY surpasses the 4-5% average yields seen in Ethereum-based staking options, offering a compelling proposition for retail investors. By lowering the entry barrier to staking—allowing users to participate with minimal capital—the company aims to broaden access to crypto earnings. The product’s structure mirrors traditional savings accounts, with rewards compounding regularly, as highlighted in MoonPay’s press release: “We’ve built a product that mirrors the ease and familiarity of a traditional savings account, but with the earning potential of blockchain networks behind it.”

Market dynamics underscore the significance of this development. The recent debut of the REX-Osprey Solana + Staking ETF on the Cboe exchange, which recorded $33 million in volume and $12 million in inflows on its first day, signals strong investor appetite for Solana exposure. Simultaneously, institutional players like BitGo have expanded staking services through integrations with protocols such as Marinade, further legitimizing the ecosystem. MoonPay’s entry into the space coincides with a surge in user-friendly staking platforms, including Robinhood’s recent addition of Solana staking features. These developments highlight a shift toward accessible, high-yield crypto products tailored for both retail and institutional participants.

From an analytical standpoint, MoonPay’s strategy underscores the competitive landscape of the Solana staking market. The 8.49% APY is contingent on network conditions and market demand, aligning with industry trends where yields fluctuate based on validator performance and token supply. While the service simplifies staking for non-technical users, risks such as smart contract vulnerabilities and reward volatility remain relevant. The absence of geographic restrictions in over 100 countries positions the service to scale rapidly, though regulatory scrutiny in markets like the U.S. (excluding New York) may influence long-term adoption. Analysts note that MoonPay’s integration of liquid staking could accelerate Solana’s utility, particularly among users unfamiliar with technical staking requirements, but emphasize the importance of monitoring market dynamics and security protocols.

The launch has been accompanied by promotional campaigns, though the focus remains on structural innovation rather than aggressive marketing. By leveraging Solana’s low-fee infrastructure and high transaction throughput, MoonPay aims to democratize access to crypto yields. As the ecosystem evolves, the interplay between platform competition, regulatory frameworks, and user demand will shape the trajectory of Solana staking. For now, the 8.49% APY offers a compelling benchmark, reflecting the blockchain’s growing appeal in the broader crypto economy.

Sources:

[1] [MoonPay Launches Solana Staking with up to 8.49% APY](https://crypto.news/moonpay-launches-solana-staking-with-up-to-8-49-apy/)

[2] [MoonPay Rolls Out Liquid Solana Staking With 8.49% Yield](https://coincentral.com/moonpay-rolls-out-liquid-solana-staking-with-8-49-yield/)

[3] [MoonPay Introduces Staking](https://www.prnewswire.com/news-releases/moonpay-introduces-staking-302511963.html)

[4] [Crypto Newsletter, 24/7 Real-Time Market Updates, Global](https://www.coinglass.com/newsflash)

[5] [MoonPay Introduces Staking](https://www.prnewswire.com/news-releases/moonpay-introduces-staking-302511963.html)

[6] [MoonPay Rolls Out Liquid Solana Staking With 8.49% Yield](https://coincentral.com/moonpay-rolls-out-liquid-solana-staking-with-8-49-yield/)

[7] [MoonPay Adds Solana Liquid Staking as Crypto Yield ...](https://blockonomi.com/moonpay-adds-solana-liquid-staking-as-crypto-yield-demand-grows/)

[8] [MoonPay - X](https://x.com/moonpay/status/1948045737692160443)