-
MoonPay has introduced SOL staking within its app, enabling users to earn competitive yields of up to 8.49% APY with bi-daily rewards across more than 100 countries.
-
This launch positions MoonPay’s mpSOL alongside established Solana staking protocols like Marinade and Jito, as well as recent institutional offerings from Robinhood and BitGo.
-
According to COINOTAG, the debut of the REX-Osprey Solana + Staking ETF on the Cboe exchange, which raised $33 million on its first day, underscores growing investor demand for Solana staking products.
MoonPay expands Solana staking access with mpSOL, offering up to 8.49% APY and joining a booming market fueled by rising investor interest and institutional adoption.
‘,
‘
🚀 Advanced Trading Tools Await You!
Maximize your potential. Join now and start trading!
‘,
‘
📈 Professional Trading Platform
Leverage advanced tools and a wide range of coins to boost your investments. Sign up now!
‘
];
var adplace = document.getElementById(“ads-bitget”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex;
adplace.innerHTML = adscodesBitget[adsindex];
sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBitget”, sessperindex);
}
})();
MoonPay’s SOL Staking Launch Amplifies Access to High-Yield Crypto Opportunities
MoonPay’s integration of SOL staking into its platform marks a significant step in democratizing access to Solana’s lucrative staking ecosystem. By offering an 8.49% annual percentage yield with rewards distributed every two days, MoonPay appeals to both retail and institutional investors seeking steady returns on their crypto holdings. The service is available in over 100 countries, including major markets like the U.S. (excluding New York), Canada, and the UK, reflecting MoonPay’s commitment to global accessibility.
MoonPay’s approach emphasizes user experience, likening the staking product to a traditional savings account but enhanced by blockchain technology’s earning potential. This strategy aims to attract users who may be new to staking by simplifying the process and providing familiar financial incentives.
‘,
‘
🔒 Secure and Fast Transactions
Diversify your investments with a wide range of coins. Join now!
‘,
‘
💎 The Easiest Way to Invest in Crypto
Dont wait to get started. Click now and discover the advantages!
‘
];
var adplace = document.getElementById(“ads-binance”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex;
adplace.innerHTML = adscodesBinance[adsindex];
sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBinance”, sessperindex);
}
})();
Competitive Landscape: mpSOL Joins Established Solana Staking Protocols
The launch of MoonPay’s mpSOL staking token enters a competitive and rapidly evolving market. Established liquid staking protocols such as Marinade and Jito have set the standard by enabling users to stake SOL while maintaining liquidity through tokenized derivatives like mSOL and JitoSOL. These tokens allow holders to trade or transfer staked assets without waiting for unbonding periods, enhancing capital efficiency.
Institutional platforms are also expanding their staking offerings. Robinhood recently introduced Solana staking to its U.S. user base, while BitGo has integrated Marinade Native staking directly into its custody services, facilitating seamless staking for institutional clients. These developments indicate a broader trend of mainstream financial platforms incorporating staking to meet growing demand.
‘,
‘
🔥 The Power of the TRON Ecosystem is Yours!
Click now to discover exclusive opportunities!
‘,
‘
💎 Profit Opportunities on the TRON Network
Join now to strengthen your investments!
‘
];
var adplace = document.getElementById(“ads-htx”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexHtx”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesHtx.length) : sessperindex;
adplace.innerHTML = adscodesHtx[adsindex];
sessperindex = adsindex === adscodesHtx.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexHtx”, sessperindex);
}
})();
Investor Appetite Evident in Solana Staking ETF Debut
The strong market interest in Solana staking is further evidenced by the launch of the REX-Osprey Solana + Staking ETF on the Cboe exchange. The ETF recorded $33 million in trading volume and $12 million in inflows on its first day, signaling robust investor enthusiasm for regulated, diversified exposure to Solana and its staking rewards.
This ETF provides a regulated vehicle for investors to gain indirect exposure to SOL staking yields, complementing direct staking options like MoonPay’s mpSOL. The convergence of liquid staking protocols and traditional financial products highlights the maturation of the Solana staking market and its appeal across different investor segments.
Future Outlook: Expanding Staking Accessibility and Innovation
As staking continues to gain traction, platforms like MoonPay are pivotal in lowering barriers to entry for everyday investors. The integration of staking features within user-friendly apps not only broadens participation but also enhances liquidity and network security for Solana.
Looking ahead, innovations in liquid staking derivatives and institutional-grade custody solutions are expected to further accelerate adoption. Market participants should monitor regulatory developments and technological advancements that could shape the staking landscape in the coming years.
Conclusion
MoonPay’s launch of SOL staking via mpSOL represents a meaningful expansion of staking accessibility, offering competitive yields and frequent rewards in a user-friendly format. Positioned alongside established protocols and institutional offerings, MoonPay is set to capitalize on the growing investor interest in Solana staking. The strong debut of the REX-Osprey Solana + Staking ETF further validates the market’s appetite for staking exposure, underscoring a promising future for Solana’s staking ecosystem.
Source: https://en.coinotag.com/moonpay-introduces-sol-staking-feature-offering-up-to-8-49-apy-amid-growing-solana-demand/