eToro Launches US Staking for Ethereum, Cardano, Solana with Six Tiers

eToro has launched cryptocurrency staking services for US customers as of September 29. The service initially supports Ethereum, Cardano, and Solana. Users are assigned to one of six reward tiers: Bronze (45%), Silver (55%), Gold (65%), Platinum (75%), Platinum+ (85%), and Diamond (90%).

The staking service doesn't require lockups, allowing users to hold and earn monthly rewards automatically.

eToro trades at $41.86 after launching crypto staking services in the US on Sept. 29. Source: Google.

eToro, which went public on Nasdaq with a trading price initially around $59.20, is currently trading at $41.86. The firm had previously introduced staking in 2024 but not in Germany or the US.

In related developments:

Gemini began offering staking services in the EU, starting September 5, after achieving MiCA compliance.
Gemini also introduced trading perpetual contracts for the USD-pegged stablecoin USDC.
Canary Capital Group plans to launch a spot Solana ETF and submitted an update to its SEC proposal on September 26.