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MoonPay launches a liquid staking solution for Solana, enabling users to earn competitive yields with enhanced liquidity and minimal entry barriers.
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This initiative arrives amid a surge in Solana staking activity, driven by institutional interest and innovative financial products like ETFs.
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Ivan Soto-Wright, MoonPay CEO, emphasizes the platform’s mission to simplify crypto rewards, likening the experience to a traditional savings account with blockchain benefits.
MoonPay introduces liquid staking for Solana, offering 8.49% yield and flexible liquidity as Solana staking activity and institutional interest reach new heights.
MoonPay’s Liquid Staking Boosts Solana Yield Opportunities Amid Rising Network Activity
MoonPay’s new liquid staking feature for Solana (SOL) represents a significant advancement in crypto yield products, allowing users to stake as little as $1 and earn an 8.49% annualized return. By issuing the mpSOL token, MoonPay provides holders with liquid exposure to staked assets, enabling them to redeem or trade their tokens without lockup periods. This flexibility addresses a common limitation in traditional staking, where funds are often locked for extended durations.
Launched on July 23, the service excludes users from New York and the European Economic Area due to regulatory constraints, but remains accessible globally. MoonPay’s entry into the liquid staking market positions it alongside established Solana-native platforms like Marinade and Jito, both of which offer similar yield rates and liquidity options. This competitive environment fosters innovation and benefits Solana holders seeking diversified staking solutions.
Institutional and Retail Demand Propel Solana Staking Ecosystem Expansion
The timing of MoonPay’s liquid staking rollout coincides with a notable upswing in Solana staking activity. In April 2025, Solana briefly overtook Ethereum in total staked value, reaching approximately $53.9 billion compared to Ethereum’s $53.7 billion, according to Solana Compass and BeaconScan data. This milestone underscores growing confidence in Solana’s network and staking incentives, which currently offer yields around 8.3%, significantly higher than Ethereum’s 3.2%.
Institutional players are actively increasing their Solana exposure. Nasdaq-listed DeFi Development Corp recently acquired 141,383 SOL tokens, nearing a million SOL in total holdings. Similarly, Upexi expanded its treasury to 1.9 million SOL after a $16.7 million purchase. These strategic acquisitions reflect a broader trend of institutional adoption and treasury diversification within the crypto sector.
Solana Staking ETFs and Platform Integrations Signal Mainstream Adoption
The launch of the first Solana staking ETF on July 2 marks a pivotal development in the asset’s institutional accessibility. Surpassing $100 million in volume within its initial twelve trading sessions, the ETF has attracted significant interest from registered investment advisors (RIAs), according to CEO Greg King. This product offers a regulated avenue for investors to gain exposure to Solana staking rewards without direct token management.
Complementing these financial products, major platforms like Robinhood have announced support for ETH and SOL staking services for U.S. customers. This integration simplifies staking participation for retail investors, expanding the user base and enhancing liquidity across the ecosystem.
MoonPay’s Vision: Bridging Traditional Finance and Blockchain Yield
Ivan Soto-Wright, MoonPay’s CEO and co-founder, articulates a clear vision for the company’s liquid staking product: “We’ve built a product that mirrors the ease and familiarity of a traditional savings account, but with the earning potential of blockchain networks behind it.” This approach aims to lower entry barriers and democratize access to crypto yields, positioning MoonPay as a key player in the evolving Web3 infrastructure landscape.
By combining user-friendly interfaces with competitive staking returns, MoonPay addresses both novice and experienced investors seeking passive income streams. The mpSOL token’s liquidity and reward distribution every two days further enhance user experience, setting a new standard for staking products.
Conclusion
MoonPay’s introduction of liquid staking for Solana arrives at a critical juncture for the network, characterized by record staking volumes, growing institutional participation, and innovative financial instruments like ETFs. The platform’s competitive yield offering and flexible liquidity options position it well within a dynamic market landscape. As Solana continues to expand its ecosystem, MoonPay’s product exemplifies the convergence of traditional financial principles with blockchain innovation, providing users with accessible, efficient, and rewarding staking solutions.
