Gemini launches Solana credit card with auto-staking rewards

Gemini launches Solana credit card with auto-staking rewards
Gemini unveils Solana Edition Card

​Crypto exchange Gemini has unveiled its new Solana Edition Credit Card, expanding its crypto rewards lineup following the success of its XRP-branded card. 

The new product allows customers to earn up to 4% back in Solana (SOL) on eligible purchases — and for the first time, automatically stake those rewards for additional yield directly from their Gemini accounts, reports CoinGape.

Designed around Solana’s signature brand identity, the card integrates blockchain-native functionality into everyday transactions. Through Gemini’s Vault Rewards program, users can boost their rewards up to 10% with select merchants, depending on monthly spending and promotional offers.

New users can enable auto-staking at signup, while existing Gemini cardholders can opt in at any time. Staked rewards can earn yields of up to 6.77%, without requiring manual transfers or external wallets. The card also supports more than 50 cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), with no annual or foreign transaction fees. Additional perks include discounts with major partners such as Booking.com and Lyft.

Gemini deepens ecosystem expansion and Solana integration

The Solana Edition launch marks Gemini’s latest move to merge crypto incentives with real-world financial tools. It follows the XRP Edition Credit Card rollout, which offered up to 4% cashback in XRP and has been credited with expanding Gemini’s rewards ecosystem and user base.

Gemini’s growing partnership with Solana extends beyond credit cards. Last month, the exchange announced support for USDC and USDT transfers on the Solana network, enabling faster and cheaper stablecoin transactions for retail and institutional users.

This deeper integration reflects Gemini’s recognition of Solana’s high-speed, low-cost blockchain infrastructure, which has become one of the leading networks for decentralized finance (DeFi) and payments.

Exchange prepares for IPO amid global expansion

Gemini’s product expansion coincides with a series of major corporate developments. The company recently secured a MiFID II license in Malta, allowing it to offer crypto derivatives across the EU, and has continued to strengthen its regulatory footprint globally.

Co-founders Cameron and Tyler Winklevoss have also increased their involvement in pro-crypto initiatives, donating $21 million in Bitcoin to support U.S. policy efforts that promote digital assets. In a further signal of market confidence, Nasdaq invested $50 million ahead of Gemini’s planned IPO, positioning the exchange for a stronger public debut.

With the Solana Edition Credit Card, Gemini continues to blend traditional finance with blockchain technology — a strategy that’s helping redefine how users earn, spend, and grow their crypto assets in everyday life.

Recently we wrote that ​Major trading platforms Coinbase and Robinhood suffered widespread disruptions on Monday after an Amazon Web Services (AWS) data center outage in Northern Virginia caused increased error rates and latency across multiple services.

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