23.07.2025 21:39

Robinhood, the popular trading app, has significantly expanded its cryptocurrency offerings. The company now allows its U.S. based customers to stake both Ethereum (ETH) and Solana (SOL), a move designed to capitalize on the burgeoning interest in passive income streams within the decentralized finance (DeFi) space.

This new staking feature boasts a low minimum threshold, thereby making it a viable option for a broad spectrum of investors, regardless of their portfolio size. By participating, users can earn rewards simply by holding their ETH and SOL tokens within the Robinhood platform.

This strategic expansion of services places Robinhood in a stronger competitive position within the ever-growing cryptocurrency market. The introduction of staking for ETH and SOL signals Robinhood's commitment to providing comprehensive and user-friendly crypto services to its customer base.

With this latest development, Robinhood aims to tap into the increasing demand for passive income opportunities offered by DeFi protocols, thereby attracting new users and cementing its position as a major player in the cryptocurrency landscape. The low entry barrier for staking further enhances accessibility, democratizing participation in this lucrative segment of the digital asset market. Information obtained from internet sources.