MoonPay launches Solana liquid staking, offering 8.49% yield.
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MoonPay Introduces Solana Liquid Staking as Onchain Yield Interest Surges
In a move that highlights the growing investor appetite for blockchain-based financial products, MoonPay has launched a new liquid staking service for Solana (SOL) holders. This development comes as the Solana network experiences unprecedented levels of staking activity, with significant investments from major firms such as DeFi Development Corp and Upexi.
High-Yield Staking Opportunity
Related: Lido's Dominance Eases as 160,000 ETH Leaves, Binance's Liquid Staking Platform Sees Growth
MoonPay, a fintech company renowned for its crypto payment and Web3 infrastructure solutions, has announced that its users can now earn an annual yield of 8.49% on their SOL tokens through liquid staking. Participants can stake as little as $1 and receive a liquid staking token, mpSOL, with rewards distributed bi-daily. Importantly, users can unstake their tokens at any time without a lock-up period, offering greater flexibility compared to traditional staking methods.
Competitive Landscape
The introduction of MoonPay’s staking service places it in direct competition with established Solana-native platforms like Marinade and Jito, which offer similar yield opportunities. According to MoonPay CEO Ivan Soto-Wright, the company aims to simplify access to crypto rewards, drawing parallels to the convenience of traditional savings accounts but with the enhanced earning potential of blockchain networks. For further details on this initiative, MoonPay’s official press release provides comprehensive insights here.
Related: Legal Crypto Staking in 2025: SEC Guidelines Explained
Surge in Solana Staking
The launch of MoonPay’s staking feature coincides with a notable surge in Solana’s staking activity. In April 2025, Solana briefly overtook Ethereum in total value staked, reaching $53.9 billion compared to Ethereum’s $53.7 billion. This increased interest is reflected in Solana’s higher annualized return of approximately 8.3%, significantly outpacing Ethereum’s 3.2% yield, as reported by Cointelegraph.
Related: MoonPay Gets Regulatory Approval from Mica in the Netherlands
Institutional Investment and ETF Growth
Institutional interest in Solana is also on the rise. Nasdaq-listed DeFi Development Corp recently expanded its Solana holdings to nearly 1 million SOL, while Upexi increased its treasury to 1.9 million SOL. Additionally, the first Solana staking ETF launched on July 2, achieving over $100 million in volume within its first twelve trading sessions, underscoring robust investor demand. This ETF development was highlighted in a recent report.
MoonPay’s strategic entry into the liquid staking market reflects the broader trend of increasing institutional and retail interest in blockchain-based financial products, particularly those offering attractive yields in a flexible and accessible manner.
John is a renowned journalist and blockchain enthusiast with over 12 years of experience covering global financial trends and cryptocurrency markets. His sharp insights and ability to break down complex topics make him a cornerstone of finandcrypto.com. Known for his analytical skills, John is passionate about delivering content that empowers the crypto community.
