TLDR
- eToro launches ETH, ADA, SOL staking in US, boosting passive income options.
- eToro adds Ethereum, Cardano & Solana staking, stock jumps 2.31%.
- Crypto staking hits eToro US: ETH, ADA, SOL now earn tiered rewards.
- eToro rolls out ETH, ADA, SOL staking for US users, driving growth.
- eToro expands US crypto services with new ETH, ADA & SOL staking.
eToro Group Ltd. (ETOR) rose by 2.31% to $42.05, showing intraday volatility with a peak near $46.41 and support around $41.10. ETOR introduced cryptocurrency staking for US users on September 29.
The platform added Ethereum, Cardano, and Solana to its staking services, enhancing passive income opportunities. The move supports eToro’s broader goal of expanding its digital asset services and boosting user engagement.
Ethereum Staking Unlocks New Earnings Potential
eToro enabled Ethereum staking for US users, simplifying a traditionally complex process. The platform allows users to maintain full control of their ETH while earning monthly staking rewards. This update enhances user access to decentralized finance tools, eliminating the need for advanced technical knowledge.
The Ethereum staking service forms a core part of eToro’s long-term crypto expansion plan. Rewards are structured across six tiers, ranging from Bronze to Diamond, with percentages of 45% to 90%.
By making Ethereum staking accessible, eToro positions itself competitively within the US crypto services market. The program is designed for simplicity and reliability, supporting ETH holders seeking consistent returns. This strengthens eToro’s footprint among mainstream crypto participants.
Cardano Staking Offers Additional Flexibility
eToro introduced staking for Cardano, a leading proof-of-stake blockchain network. Cardano’s staking model is energy-efficient and offers predictable yields for users. With ADA staking on eToro, users now gain another method for generating passive income.
The Cardano staking feature operates on a six-tier reward system, allowing for broader participation regardless of experience. eToro’s integration of ADA staking creates another accessible pathway to enter crypto-based yield generation. This addition broadens the staking platform while retaining simplicity.
eToro structured the staking environment to eliminate technical friction for ADA holders. Users no longer need to manage wallets or run validators, as eToro handles the process. This helps convert more users into active crypto participants by lowering technical hurdles.
Solana Staking Enhances High-Speed Asset Support
eToro completed its initial US staking rollout by adding Solana, a blockchain known for high transaction throughput. Solana staking introduces speed and scalability to the passive income ecosystem. This addition makes eToro’s staking lineup more diverse and appealing.
Users staking SOL on eToro benefit from rapid reward cycles and a user-friendly experience. The platform manages backend complexities, allowing participants to focus solely on their returns. With Solana’s growing adoption, eToro’s timing aligns with market demand.
Solana staking complements Ethereum and Cardano by offering another choice tailored to different network strengths. Each supported asset expands options for users pursuing passive income. eToro’s staking suite now offers a balanced mix of scalability, security, and accessibility.
