Robinhood has officially introduced Ethereum (ETH) and Solana (SOL) staking for U.S. users starting July 10, marking a significant step in its crypto expansion efforts. This new feature allows users to earn passive rewards with as little as $1, making crypto staking more accessible to retail investors.
How Robinhood’s Staking Works
Unlike traditional staking that requires users to run validator nodes or lock up large amounts of crypto, Robinhood simplifies the process. For Ethereum, the platform will pool user stakes to meet the 32 ETH requirement necessary for staking on the network. Based on network performance and conditions, users can earn between 50% and 100% of protocol rewards.
Solana staking is also now available. Robinhood handles the technical complexities, allowing users to start earning SOL rewards without any manual setup. The user experience is designed to be beginner-friendly, with rewards calculated automatically.
It’s worth noting that staking is not available in California, Maryland, New Jersey, New York, and Wisconsin due to state-level regulatory restrictions.
Fees and Commissions Begin in 2025
While staking is currently free of commission, Robinhood announced that beginning in October 2025, it will introduce a 25% commission on staking rewards. This will be in addition to any third-party provider fees, which the company says are in line with broader industry standards.
Despite the future fees, this offering is positioned to remain competitive by providing a seamless and low-barrier entry into staking.
Part of a Larger Crypto Strategy
This staking rollout is part of Robinhood’s ongoing expansion into crypto. Recently, the company acquired Bitstamp and WonderFi to enhance its global footprint and capabilities in digital assets. Additionally, Robinhood is developing its own blockchain using Arbitrum technology. The blockchain aims to support on-chain equity trading and decentralized financial services, further integrating traditional finance with Web3 infrastructure.
With staking now live and more blockchain developments on the horizon, Robinhood is signaling its intent to become a major player in the future of crypto investing.
