Coinbase Lets NY Users Stake ETH and SOL After State Approval

Coinbase users in New York can now stake Ethereum (ETH) and Solana (SOL) directly on the platform, thanks to newly received state approval. Staking lets users lock up their crypto to help secure the network and earn passive rewards in return. The process makes it simple for New Yorkers to get involved in staking without dealing with complicated setups or third-party services. It also shows how Coinbase is expanding its offerings while staying fully compliant with local regulations. By enabling native staking, the platform gives users an easy, secure way to grow their crypto holdings and encourages broader adoption of Ethereum and Solana in one of the U.S.’s most regulated markets. It’s a win for convenience, security, and earning potential.