Coinbase has officially unlocked crypto staking for New York residents, following a long‑awaited regulatory green light. Announced on Wednesday, the move allows users in one of the most tightly regulated states to finally earn rewards on assets like Ethereum and Solana.
On October 8th, Coinbase confirmed that users in New York can now legally earn rewards on assets like Ethereum and Solana.
Crypto experts have named the move a major step toward expanding fair access to crypto yield opportunities across the United States.
The approval comes after years of regulatory delays that saw New Yorkers excluded from the growing Staking Staking involves actively participating in transaction validation (similar to mining) on a PoS‑based blockchain. Users who hold the minimum required balance of a specific cryptocurrency can validate transactions and earn rewards. These rewards are set by the network and are then sent to the user’s wallet.
After the announcement, Ryan VanGrack noted that users in other states, like California and New Jersey, have already missed out on over $130 million in potential staking rewards due to similar restrictions.
The green light also follows a broader regulatory change, with multiple US states dropping previous lawsuits that alleged Coinbase’s staking products violated securities laws. This marks a turning point for institutional crypto services in the US, potentially paving the way for further expansion.
New York’s approval removes a major regulatory barrier, unlocking fresh capital for staking‑native projects like SOL and ETH, so Solana price predictions are turning bullish on cue.
DeepSnitch AI: The next 100x crypto
DeepSnitch AI emerges as the top crypto presale of 2025
Traders like Il Capo are already warning that the next bear market is near. In a market downturn, traders seek tools that provide alerts, automation, and early access. That’s where DeepSnitch AI stands out.
One of its five AI agents, SnitchCast, auto‑curates high‑signal news from top alpha groups and major platforms, pushing real‑time updates directly into your Telegram chat. When market sentiment changes fast, SnitchCast helps you stay ahead of risk and preserve profits.
DeepSnitch AI also offers uncapped staking in a system that adjusts rates depending on the number of stakers. Following Coinbase’s approval to unlock staking for New York residents, this feature is in the spotlight, attracting whales and other high‑net‑worth individuals.
DeepSnitch distributes rewards based on your share of the pool. There are no lockups, no withdrawal fees, and you can claim rewards any time during the claiming period.
All of this is built directly into Telegram, where over 1 billion users already follow signals, join alpha groups, and use bots. DeepSnitch taps into an existing audience, and as more of them join the presale, the price will climb.
DSNT is currently $0.01805, with over $330 K already raised and early buyers up +19 % in less than two weeks.
Solana price prediction: SOL climbs above $220, but $250 isn’t guaranteed
Solana has climbed back above $220, giving bulls another shot at pushing higher. Still, the move toward $250 isn’t guaranteed. Price action looks stronger, but the network is showing signs of fatigue beneath the surface.
SOL now trades between $218 support and $224 resistance. RSI has risen from 35 to 42, hinting at short‑term strength as investors think SOL is undervalued. A clean break above $224 could open the door to $250, but momentum alone won’t cut it.
Network stats are falling fast. In just 24 hours, Solana’s DeFi TVL dropped 3 %. DeFiLlama data shows active addresses fell from 33 million in May to 6.2 million. Weekly transactions crashed from 613 million to 173 million.
For now, the buzz from ETF talk and “Uptober” is keeping the mood alive. But the lack of real engagement could cap gains. Traders are still buying dips, though lasting upside may depend on Solana reigniting on‑chain demand soon.
Ethereum flashes signals similar to its 250% 2020 rally
Ethereum is flashing strong bullish signals across the board. A golden cross just formed on the 3‑day chart, where the 50‑day moving average moves above the 200‑day. It’s the same setup that kicked off ETH’s 250 % rally in late 2020.
ETH now trades around $4,495, still 10 % below its 2021 high of $4,878. But momentum is building. ETF inflows are rising fast, network activity is picking up, and traders are eyeing a move past $5,000. Analyst ZYN says the long‑term trend points to a possible $9,000 target by mid‑2026.
Support near $4,400 continues to hold. Similar to the Solana outlook, a breakout above $5,000 could trigger another DeFi boom, much like the 2021 surge. This time, Ethereum’s foundation is stronger, with Layer‑2 scaling solutions like Base and Arbitrum cutting fees and improving speed.
The bottom line
Coinbase and Grayscale have kicked off a new meta: staking. While many believe only the Solana price prediction and Ethereum would benefit, rising liquidity and adoption could lift the entire market, particularly small tokens like DeepSnitch AI.
Apart from its suite of AI snitches, DeepSnitch AI also has an uncapped staking model that rewards early entrants with higher yields as the pool expands, meaning timing is everything.
With over $330 K already raised and whales circling, DSNT’s presale is heating up. An early investment in DSNT could mirror setups like Render, which surged 6,400 % from launch.
FAQs
What is DeepSnitch AI, and how is it tied to the staking boom?
DeepSnitch AI is a Telegram‑native crypto tool that delivers real‑time trading signals using five AI agents. It also offers uncapped, dynamic staking rewards, a feature now in the spotlight thanks to Coinbase’s staking announcement.
Is DeepSnitch AI available on exchanges?
Not yet. DeepSnitch AI is still in presale, with the token priced at just $0.01805. Over $330,000 has already been raised, and the price has climbed 19 % in less than two weeks.
Why are people calling DeepSnitch AI the next 100x crypto?
Because it blends meme‑coin virality, high utility, and AI innovation in one package. With a low market‑cap entry and rising demand, the upside is massive.