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Robinhood Expands Crypto Services With Low-Minimum ETH and SOL Staking Amid State Restrictions

Robinhood has launched Ethereum and Solana staking services for U.S. users, significantly lowering barriers to entry with a $1 minimum stake requirement. The initiative aims to democratize cryptocurrency participation and accelerate retail adoption by enabling accessible yield-generation opportunities.

The service faces regulatory hurdles, remaining unavailable in California, Maryland, and New Jersey due to state-level restrictions, with potential expansion limitations in other jurisdictions. Robinhood will levy a 25% fee on staking rewards to maintain profitability while staying competitively priced against industry alternatives.

This expansion is projected to enhance network security and liquidity for Ethereum and Solana ecosystems. Bitcoin staking capability remains excluded from Robinhood’s current crypto offerings despite the platform’s broader push into blockchain-based financial services.

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