On July 23, 2025, MoonPay announced its new staking product allowing users to earn passive income with Solana, targeting the UK, Canada, the US (excluding New York), and markets outside the EEA.
The launch signifies MoonPay’s expansion into staking, offering users DeFi earnings with CeFi simplicity, potentially influencing Solana’s market dynamics and attracting new crypto participants.
MoonPay Launches User-Friendly Solana Staking Platform
MoonPay has officially introduced a user-friendly staking product for Solana (SOL), presenting a significant shift towards passive income options in the cryptocurrency space. This product leverages Solana’s blockchain, offering investors a simplified staking experience.
Led by CEO Ivan Soto-Wright, MoonPay’s new offering removes previous barriers in crypto staking. Designed to appeal to mainstream users, it reflects the company’s commitment to democratizing access to blockchain-based rewards. He stated, “With staking, we’re removing the barriers that have kept everyday users from benefiting from crypto rewards. 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.”
Solana Staking Expands DeFi Liquidity
The introduction of Solana staking by MoonPay is likely to boost Solana’s liquidity as users seek enhanced earning opportunities. Market participants see this as a chance to tap into the growing yield potential present in decentralized finance.
According to historical data and industry trends, increasing accessibility to staking often results in an upward trend in staking participation. MoonPay’s non-custodial, liquid staking protocols aim to capitalize on this trend, benefiting both the company and end users.
MoonPay Aims to Boost Solana’s TVL
Similar initiatives, like Coinbase’s staking products, have led to increased staking participation and total value locked (TVL) across blockchains. MoonPay’s introduction is a continuation of this trend, offering a streamlined, non-custodial experience for Solana’s users.
Experts agree that MoonPay’s strategic move aligns with the growing appetite for easy-to-use decentralized finance products. By embracing Solana’s liquid staking, MoonPay aims to provide users valuable tools to access blockchain yields, enhancing their crypto portfolio prospects. For more information about MoonPay’s services, visit MoonPay.
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