rewrite this title The Daily Breakdown: Staking Has Arrived: ETH, SOL, ADA

The Daily Breakdown introduces staking to the eToro community, which can be utilized for Ethereum, Solana and Cardano.

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What’s Happening?

Staking is here for eToro users, which allows you to earn monthly rewards just by holding eligible crypto in your eToro portfolio. 

What is staking? 

Crypto staking is the process of utilizing your crypto tokens to help support the security and operations of a blockchain network. In return, you earn rewards — a similar concept to earning interest for keeping money in a high-yield account.

At eToro, we do the heavy lifting and you get the rewards. When you stake with us, we handle the technical side – so you can focus on your portfolio while your eligible crypto grows automatically.

Your staked cryptoassets are always yours, and we take the responsibility of handling the entire staking process for our users, ensuring top-notch security and efficiency.

Staking is currently available for Ethereum, Solana and Cardano and we are planning to support even more cryptoassets in the future. For SOL and ADA, you’re automatically enrolled. For ETH, just head to “Settings,” then go to “Trading” to opt in.

You can learn more about staking on eToro here. 

T&Cs apply.

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The Setup — Stellar

Stellar (XLM) is a decentralized, open-source blockchain built for fast, low-cost cross-border payments and asset transfers. Launched by the nonprofit Stellar Development Foundation (SDF), the network enables currency exchange and tokenized transactions with global accessibility in mind.

XLM, Stellar’s native asset, is used to pay transaction fees and serve as a bridge between currencies. While the SDF guides protocol development, Stellar is governed by validator consensus — not token voting — and remains open to a global developer and user community.

XLM does not offer staking or yield. Its utility lies in enabling transfers, accessing network features, and supporting liquidity. The token has been distributed through airdrops, grants, and partnerships. With institutional interest and active ecosystem growth, Stellar continues to push for more inclusive, interoperable financial infrastructure.

As for the charts, XLM continues to find support near the $0.35 mark, although bulls may zoom out and look at the $0.30 to $0.35 area as broad support. If XLM can hold that area and eventually break out over downtrend resistance, investors will hope for renewed momentum to push Stellar higher. However, if support breaks, bearish momentum could accelerate. 

What Wall Street’s Watching

SPY

The S&P 500 inched higher yesterday, with the SPY ETF climbing 0.3%. With one day left in Q3, the SPY is up 7.4% in the quarter and should notch its seventh quarterly gain in the last two years. However, bulls are keeping a close eye on stocks as a potential US government shutdown looms on Oct. 1st. Check out the chart for SPY. 

CCL

Carnival Cruise stock initially opened higher by more than 5% yesterday, rallied as much as 6.2%, then reversed lower and finished down 4% on the day. The volatile move comes after the company reported its Q3 results, beating on earnings and revenue expectations. Dig into the fundamentals for CCL.

Disclaimer:

Please note that due to market volatility, some of the prices may have already been reached and scenarios played out.