MoonPay Launches Liquid Solana Staking with 8.49% Yield, Revolutionizing SOL Accessibility
MoonPay has introduced a groundbreaking liquid staking service for Solana (SOL), offering an attractive 8.49% annual yield. This innovative platform allows users to stake as little as $1 worth of SOL, with rewards distributed every two days through the yield-bearing mpSOL token. Unlike traditional staking methods, MoonPay's solution eliminates lockup periods, enabling users to unstake their assets instantly. The service is now available globally, with exceptions for New York and the European Economic Area. This development marks a significant step forward in making Solana staking more accessible and flexible for a broader range of investors. As of July 2025, this offering positions SOL as an even more compelling asset in the cryptocurrency ecosystem, combining yield potential with liquidity.
MoonPay Introduces Liquid Solana Staking with 8.49% Yield
MoonPay has unveiled a liquid staking service for solana (SOL), offering an 8.49% annual yield. The platform allows users to stake as little as $1 worth of SOL, with rewards distributed every two days via the yield-bearing mpSOL token. Unlike traditional staking, there’s no lockup period—users can unstake instantly.
The service is now available globally, excluding New York and the European Economic Area. MoonPay’s entry into liquid staking pits it against established Solana-native platforms like Marinade and Jito, but with a focus on simplifying the process for retail investors.
This launch follows MoonPay’s recent acquisition of a New York BitLicense, signaling broader ambitions in U.S. digital asset markets. The MOVE taps into growing demand for accessible on-chain yield products amid Solana’s ecosystem expansion.
Solana Block Size Upgraded by 20% Amid Price Decline
Solana's network scalability took a leap forward with a 20% increase in block capacity, raising the limit to 60 million Compute Units (CU). The upgrade, enacted via the SIMD-0256 proposal, aims to bolster throughput for high-traffic applications in DeFi and gaming. Despite the technical advancement, SOL's price dipped 10% as traders cashed in profits.
Validator Andrew Fitzgerald spearheaded the proposal, which garnered broad community support. The move positions Solana as a stronger competitor to Ethereum, with potential plans to expand block capacity to 100 million CU by year-end if performance holds steady.