Robinhood Introduces Solana Staking for European Customers

The new feature offers around 5% APY and includes incentives for new users, amid regulatory issues in the U.S..

Robinhood Crypto launches Solana staking in Europe, offering approximately 5% APY.
The Solana staking feature is limited to Robinhood's European users, reflecting high customer demand.
Solana's shorter bonding period and popularity among EU users influenced the decision.
A 10% bonus on net buys for new customers in their first 30 days is part of the launch incentive.
Robinhood's European expansion continues despite regulatory challenges in the U.S.