Fintech MoonPay Offers Solana Owners a New Way to Earn Passive Income
Date: 2025-07-25 Author: Oliver Abernathy Categories: BUSINESS
MoonPay, a cryptocurrency transaction and Web3 solutions company, has launched a new product for Solana holders — now users can participate in staking and receive an annual yield of 8.49%. To get started, you only need to invest $1 and receive a special token called mpSOL in return, which symbolizes participation in the program.
The main advantage of the new option is that investors do not face long asset lockup periods. mpSOL owners can withdraw their funds at any time, and rewards are accrued every couple of days. The launch took place on July 23, but the service is not yet available to residents of New York State and the European Economic Area.
MoonPay CEO and co-founder Ivan Soto-Wright noted that the company aims to simplify access to tools for earning money in the crypto market. According to him, the new product was developed as an analogue of a traditional bank deposit, but with the advantages of blockchain technologies and greater profitability.
MoonPay began its operations back in 2019 with the exchange of traditional currencies for crypto assets. During this time, the company has significantly expanded the range of its solutions: from working with NFT and stablecoins to developing areas related to on-chain income. The new step with Solana staking became part of the strategy to strengthen its position in the decentralized finance market.
Now MoonPay continues to develop its services, relying on the rapid growth of interest in Web3 and blockchain technologies. Thanks to liquid staking, users can not only store Solana, but also increase capital, while remaining as flexible as possible in managing their funds.
Previously, such services were available only to large market players or required technical knowledge, but now MoonPay makes this process simple and understandable for a wide audience. The company plans to further expand the range of products that will allow crypto investors to use assets more efficiently.
Thus, the new MoonPay initiative may become an attractive option for those who want to combine the convenience of a traditional bank account with the opportunity to earn money in the rapidly developing crypto market.
