Robinhood has broken into the cryptocurrency space in a big way. Days after announcing its major debut with a push for tokenization of stocks and stating that it is developing an L2 on Arbitrum, the company has now opened the doors to Ethereum and Solana staking in the US.
With this move, users in the US can now lock in as little as $1 on the Robinhood crypto app. According to the website, Robinhood’s crypto staking feature will have its own bonding period, which will determine the rewards.
This news highlights the rapid emergence of new players in the cryptocurrency economy. Some of these new players may be retail investors who are looking for the best crypto to buy now to ride this new wave.
Staking Available in Select States in the US
Despite the US’s progressive stance on cryptocurrencies, things have been a bit confusing when it comes to staking. Critics say it is primarily a way to generate money, while crypto enthusiasts describe staking as a method to maintain a blockchain network.
As a result, Robinhood does not allow staking support in certain states, namely California, Maryland, New Jersey, New York, and Wisconsin.
Regarding the rewards users can generate, Robinhood has clearly stated on its staking-related page that the reward rate will be dynamic and dependent on market conditions.
This makes sense and creates a realistic expectation around the staking ecosystem. It also shows that Robinhood doesn’t want to toe the line that could lead to violating any staking-related regulations.
More Staking Facilities Could Be Better for Solana and Ethereum
The emergence of new staking facilities for Solana and Ethereum could lead to more buyers for both of these assets.
Solana, which has already broken out of its symmetrical triangle pattern, has now started to consolidate at a higher level. The emergence of new buyers could push it past the crucial resistance at $187.45 and retest the $200 level.
Ethereum could go through the same motions. While it has experienced massive tailwinds following Bitcoin’s ascent to its all-time high, it could still move higher.
At the time of writing, the world’s biggest altcoin is trading just below the $3K level, which bulls are trying to breach. This may happen after a lengthy period of consolidation, potentially leading the ETH price to climb past its $4K resistance.
Those who believe in the altcoin season think that breaching the $10K level may also be possible for Ethereum, and it could happen in this cycle.
The move up on the shorter timeframes was objectively impulsive (bullish w/ real time data).#ETH is still looking to shoot for new ATH's this cycle and should end around $9,000-$10,000, give or take.
No macro scenario is providing a 'good look' and remains only ideal in… pic.twitter.com/06dyOC8LoQ
— XForceGlobal (@XForceGlobal) June 26, 2025
While the prediction was made before the recent massive bull run, the fact that Ethereum already crossed the $3K resistance is a testament to the community’s resilience. And it is that bullishness that could push the world’s biggest altcoin to new highs.
Such possibilities could be enhanced by the emergence of more major players in the world of staking. Now it is time to observe how many more institutions follow Robinhood’s approach.
Best Crypto to Buy Now – Top 5 Picks for Investors
Bitcoin Hyper
Although Bitcoin Hyper clearly takes inspiration from Bitcoin, it is built on the Solana blockchain. Thanks to the Solana Virtual Machine, the project aims to make the Bitcoin network more in line with modern blockchain technologies. This means that Bitcoin Hyper could evolve the network in a way that allows decentralized applications to be created on it.
In addition to the Solana Virtual Machine, Bitcoin Hyper is also implementing an L2 scaling solution to make the Bitcoin network faster and more efficient. To make this possible, the developers are working on a Canonical Bridge.
Beyond the use case, Bitcoin Hyper has a unique memetic approach, which revolves around Pepe dressed in a superhero costume. This gives Bitcoin Hyper viral potential — a much-needed aspect to attract short-term investors as well.
The official website has revealed that the first version of Bitcoin Hyper’s devnet has already gone live. The introduction was subtle and didn’t make its way to Twitter. However, it suggests the developers may be preparing for a larger reveal soon.
In terms of staking, those who invest in the Bitcoin Hyper presale today will earn a 333% APY.
Snorter
Another strong pick for this “best crypto to buy now” list is Snorter. Snorter is a Solana-themed meme coin featuring an aardvark as the main animal. This mascot has been used to create a unique image of a meme coin ecosystem that can “snort” better investment opportunities in the market.
Essentially, Snorter is a meme coin powering a Telegram bot that lets users discover Solana-based meme coins with high potential and invest in them automatically. It is also equipped with honeypot and rug pull protection tools, which form the foundation of its project analysis.
Additional features include social trading, made possible by the platform’s active presence on Telegram. Users will also be able to engage in copy trading.
Snorter offers staking perks to users. Presale investors can hold their tokens and earn upwards of 211% APY if they choose to stake.
Experts like Jacob Crypto Bury have suggested that, given the current market conditions, Snorter could become a 100x crypto upon launch.
Solana
Among cryptocurrency enthusiasts, especially meme coin lovers and developers, Solana’s value has grown thanks to improvements in scalability and the expansion of its ecosystem. Even institutional investors have taken notice, with companies like Upexi raising upwards of $200 million for their Solana treasury.
The combined impact of institutional momentum and favorable macroeconomic conditions has allowed the SOL price to cross its resistance at $161.
In terms of development alone, Solana has continued to gain value. According to Jacob Creech, Solana has reached an inflection point, with senior developers focusing on building new primitives rather than just basic applications.
We're getting to an inflection point with the Solana developer community
– Devs are not getting stuck at the basics
– Nearly 2x'd monthly active devs in 6 months
– Senior devs are building new primitivesAll the ingredients for an explosion of new activity pic.twitter.com/fH4rUf0rRF
— Jacob Creech (@jacobvcreech) July 12, 2025
This post highlights that the innovative aspects of the Solana meme coin ecosystem have captured the community’s attention, potentially leading to long-term upsides.
Best Wallet Token
The emergence of Solana and Ethereum staking on the Robinhood app is a welcome development. However, Robinhood is still a centralized ecosystem, which means that new enthusiasts looking to explore decentralized finance may look for other staking options. That’s where Best Wallet comes in.
Powered by the Best Wallet Token, Best Wallet is a new and improved crypto storage and swapping solution that also offers features such as the ability to buy crypto with fiat or stake crypto directly.
Best Wallet features on-chain staking, currently enabled through Rocketpool and Lido. As the ecosystem evolves, more advanced and secure staking options are likely to be added.
Supporting over 60 chains, Best Wallet is also known for featuring its own token launchpad. This launchpad has been responsible for some of the biggest crypto presales to date.
Additional perks like a wallet aggregator and market analytics tools have made Best Wallet a strong option for beginners. The token itself has generated over $13 million in its presale, which reflects the growing demand for the project.
Token6900
Token6900 is a crypto that takes a completely different approach. It does not have a utility, nor does it pretend to create one. Like the SPX6900 token, which emerged on the market and began making fun of the financial ecosystem, Token6900 mocks current market dynamics using low-effort, AI-fueled memes that lack a coherent narrative.
It is a textbook case of a degenerate token ecosystem, and Token6900 thrives on that identity. The tweets it shares aren’t necessarily unique, but they do contribute to a modern-art style of meme culture that gives Token6900 a distinct vibe.
Its mysterious tokenomics and honest focus make this meme coin particularly unique among current offerings. Furthermore, 5% of the total supply of TOKEN6900 has been allocated to staking. At the time of writing, the estimated reward rate stands at 133%.
Conclusion
Robinhood has made its way into the ETH and SOL staking ecosystem, and the entire cryptocurrency community is thrilled about it. While this move supports the long-term narrative for these tokens, it also paves the way for other staking-worthy crypto assets to prosper.
That’s why this “best crypto to buy now” list focuses on picks that are well-suited for staking. While most are ICOs, their presale staking systems can help early investors generate triple-digit APY rewards, making them strong investment options.
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