The Robinhood platform has announced the launch of Ethereum and Solana staking services, marking a step towards expanding opportunities for users in the cryptocurrency space.
Available Staking Options
Starting July 10, 2025, Robinhood customers can stake ETH and SOL with a minimum entry of $1. This initiative allows even small investors to earn passive income while assisting in transaction validation for both blockchains.
Regulatory Restrictions and Company Plans
Currently, staking services are not available in several US states including California, Maryland, New Jersey, New York, and Wisconsin. A company spokesperson emphasized that Robinhood will continue working with regulators to expand service availability.
Robinhood's Future in the Blockchain Space
Robinhood is also planning to launch its blockchain platform on Arbitrum, which will support stock and ETF tokens, as well as allow users to receive dividends directly in the app. This will form part of the company's broader strategy to simplify access to cryptocurrencies.
The launch of ETH and SOL staking services reflects Robinhood's commitment to enhance access to crypto investments and provide users with new income sources.
