Robinhood, a US-based trading platform, has launched staking services for Ethereum and Solana available to customers starting July 10, 2025. This represents a significant expansion of the company’s cryptocurrency offerings.
Launch of Ethereum and Solana Staking
Starting July 10, 2025, Robinhood is providing staking options for Ethereum and Solana to its users in the US. Despite regulatory limitations in several states, this launch highlights the strategic growth of the company in the cryptocurrency space.
Fees and Minimum Investment
Users will be able to start staking with a minimum investment of just $1. However, a 25% fee on staking rewards will be introduced starting October 2025, raising certain concerns among investors.
Regional Restrictions and Future Outlook
Staking for ETH and SOL will not be available in five states: California, New Jersey, Maryland, New York, and Wisconsin. Despite this, the service could increase the total value locked in the Ethereum and Solana networks, providing access to staking for retail investors.
The success of Robinhood's new offering will depend on perceptions of the fee structure and potential regulatory changes. The company's strategy shows responsiveness to the evolving cryptocurrency regulatory landscape in the US.
