On June 30, Robinhood expanded its cryptocurrency offerings by launching staking services for Ethereum (ETH) and Solana (SOL) across the United States. This strategic move enables users to earn passive income through network participation directly on the platform. By integrating staking capabilities, Robinhood enhances its competitive edge in the crypto brokerage space, providing investors with streamlined access to decentralized finance (DeFi) opportunities. The introduction of ETH and SOL staking aligns with growing market demand for yield-generating crypto assets, reinforcing Robinhood’s commitment to broadening its digital asset ecosystem for retail investors.
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