Robinhood has launched Ethereum and Solana staking services for U.S. users, starting July 10, allowing customers to earn rewards with as little as $1. This feature enables retail investors to participate in crypto staking without needing to run validator nodes. For Ethereum, Robinhood will pool user stakes to meet the 32 ETH requirement, offering between 50% and 100% of protocol rewards depending on network conditions.

Solana staking is also now live, with Robinhood managing the technical process to make it simple for users. Staking is not available in California, Maryland, New Jersey, New York, and Wisconsin due to regulatory restrictions. Starting in October 2025, Robinhood will introduce a 25% commission on staking rewards, in addition to third-party provider fees, which the company says are consistent with industry standards.

The launch supports Robinhood’s broader crypto expansion strategy, following its acquisitions of Bitstamp and WonderFi. The company is also building its own blockchain on Arbitrum to support on-chain equity trading and decentralized services.