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Robinhood Launches ETH & SOL Staking

Robinhood Launches ETH & SOL Staking

Cryptocurrency News

Robinhood Enables Ethereum and Solana Staking in the US

Robinhood has launched Ethereum (ETH) and Solana (SOL) staking services for US customers, enabling users to earn rewards by participating in the networks' consensus mechanisms. This move follows a period of regulatory uncertainty and represents a significant expansion of Robinhood's crypto offerings.

Key Features:

  • Direct Staking: Stake ETH and SOL directly through the Robinhood platform.
  • Low Minimums: Stake with as little as $1 worth of crypto.
  • Reward Distribution: Rewards are distributed based on network protocol rates, minus applicable fees.
  • Ethereum Staking Rate: Users receive 50% to 100% of the protocol rate due to Robinhood's batch-processing approach to meet the 32 ETH validator requirement.
  • Geographic Restrictions: The service is unavailable in California, Maryland, New Jersey, New York, and Wisconsin.
  • Fees: Starting October 1, 2025, a 25% fee on staking rewards will be applied in addition to third-party fees.

The addition of ETH and SOL staking reflects Robinhood's response to increasing regulatory clarity in the US crypto market. This allows them to compete with other platforms offering similar services.

Disclaimer: Staking involves risks, including the potential loss of staked assets. Thoroughly research before participating.

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