Robinhood has announced the launch of staking services for Ethereum and Solana, allowing users in the U.S. to participate with a minimal investment.
Transition to Staking with Minimum Entry Level
As of July 10, Robinhood introduced ETH and SOL staking, enabling users to start with as little as $1. This move expands access to staking for retail investors in the U.S., allowing participation in blockchain transaction validation without the need to run validating nodes.
Regulatory Restrictions for Certain States
The staking services intentionally exclude users in California, Maryland, New Jersey, New York, and Wisconsin due to regulatory differences, highlighting the need to comply with local laws. Robinhood's strategy in digital assets continues to evolve following recent acquisitions in the crypto sector.
Historical Context and Market Data
According to data from CoinMarketCap, as of July 11, 2025, Ethereum (ETH) is trading at $2,977.01 with a market cap of $359.37 billion. The 24-hour trading volume has increased by 31.23%, while ETH's price rose by 6.59% in the last day and 17.38% over the past week. Experts note that Robinhood's ongoing expansion in the crypto space could positively influence the accessibility of decentralized finance.
The launch of ETH and SOL staking services by Robinhood marks a significant step in expanding their digital asset offerings, despite existing regulatory limitations in some states.
