Robinhood Expands ETH, SOL Staking Services to U.S. Users

Robinhood has launched staking services for Ethereum (ETH) and Solana (SOL) for U.S. users as of July 10. This new offering allows customers to stake with as little as $1 worth of cryptocurrency.

This move by Robinhood broadens access to staking for retail users in the U.S., albeit with geographical limitations due to state-specific regulations. The company’s strategy in digital assets continues to evolve following recent acquisitions in the crypto space.

Robinhood’s $1 Staking Entry and Regulatory Exclusions

Robinhood’s release of ETH and SOL staking comes as part of a broader expansion into cryptocurrency services. Introducing staking with a minimum of $1 marks a significant outreach to retail investors. This approach lowers barriers to entry, potentially increasing participation in blockchain validation without needing to run a validating node. The services intentionally exclude users in California, Maryland, New Jersey, New York, and Wisconsin due to regulatory nuances in these regions.

Robinhood’s commission structure signals a future cost adjustment. Starting October 2025, a 25% commission on staking rewards will be implemented, aligning with industry norms. This has spurred discussions within the crypto community about service competitiveness and accessibility.

Market reactions have been largely positive, particularly among retail investors, who view the reduced entry threshold as democratizing crypto earnings. Official communications have been channeled through Robinhood’s Twitter account, which emphasized that the launch aligns with their vision of broadening access to digital financial services.

Historical Context, Price Data, and Expert Insights

Did you know? Robinhood’s U.S. expansion in staking mirrors previous attempts by platforms like Coinbase and Kraken, which faced regulatory scrutiny. Past models set the stage for Robinhood’s cautious, phased approach.

According to data from CoinMarketCap, Ethereum (ETH) is trading at $2,977.01, with a market cap of $359.37 billion as of 07:59 UTC on July 11, 2025. The 24-hour trading volume stands at $37.88 billion, a 31.23% increase, while ETH has shown a 6.59% price rise in the last 24 hours and 17.38% over the past week.

Insights from Coincu research indicate that regulatory clarity in the U.S. could further encourage decentralized finance initiatives. However, ongoing legal developments may pose challenges or foster growth in the crypto staking landscape. This move highlights Robinhood’s commitment to increasing retail exposure in the cryptocurrency realm.

“Robinhood’s ongoing expansion strategy and commitment to the crypto space is evident in their recent acquisitions and product offerings.” — Expert Analysts