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 MoonPayโs expansion into staking, offering users DeFi earnings with CeFi simplicity, potentially influencing Solanaโs 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 Solanaโs blockchain, offering investors a simplified staking experience.
Led by CEO Ivan Soto-Wright, MoonPayโs new offering removes previous barriers in crypto staking. Designed to appeal to mainstream users, it reflects the companyโs commitment to democratizing access to blockchain-based rewards. He stated, โWith staking, weโre removing the barriers that have kept everyday users from benefiting from crypto rewards. Weโve built a product that mirrors the ease and familiarity of a traditional savings account, but with the earning potential of blockchain networks behind it.โ
Solana Staking Expands DeFi Liquidity
The introduction of Solana staking by MoonPay is likely to boost Solanaโs 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. MoonPayโs non-custodial, liquid staking protocols aim to capitalize on this trend, benefiting both the company and end users.
MoonPay Aims to Boost Solanaโs TVL
Similar initiatives, like Coinbaseโs staking products, have led to increased staking participation and total value locked (TVL) across blockchains. MoonPayโs introduction is a continuation of this trend, offering a streamlined, non-custodial experience for Solanaโs users.
Experts agree that MoonPayโs strategic move aligns with the growing appetite for easy-to-use decentralized finance products. By embracing Solanaโs liquid staking, MoonPay aims to provide users valuable tools to access blockchain yields, enhancing their crypto portfolio prospects. For more information about MoonPayโs services, visit MoonPay.
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