Gemini’s Solana Card: Spend, Stake, and Suffer?

by

Finance

What to know:

  • Gemini has launched a Solana-branded credit card with automatic staking for SOL rewards. 🐮
  • Cardholders can earn up to 4% back in SOL on purchases and stake rewards for up to 6.77% yield. 💸
  • The launch taps into Solana’s strong community and high performance as one of crypto’s fastest-growing ecosystems. 🚀

Gemini, the crypto exchange backed by the billionaire Winklevoss twins, has launched a Solana-branded edition of its Gemini Credit Card with automatic staking for SOL rewards. Because nothing says “financial empowerment” like trusting your savings to a blockchain that’s faster than a squirrel on espresso. 🧠

The card gives users a way to show support for the network while earning yield on everyday purchases, the company said in a blog post on Monday. Because who doesn’t want to feel like a crypto kingpin while buying groceries? 🛒👑

Cardholders can earn up to 4% back in SOL on categories like gas, EV charging, and rideshare, and up to 10% back with select partners. 🚗⚡️

Gemini went public last month at $28 a share, valuing the company at more than $3 billion. The crypto exchange announced an XRP credit card with Ripple in August. Because nothing says “innovation” like charging fees for the privilege of being ripped off. 💸

Solana rewards can be automatically staked on Gemini for yields of up to 6.77%, turning spending into a yield-generating strategy, the firm said. Because why let your money sit still when it could be busy trying to make more money? 🧠💸

The launch builds on Solana’s momentum as one of crypto’s most active ecosystems. Gemini said users who held Solana rewards for at least a year saw gains of nearly 300%. 📈 But hey, at least the stock market isn’t a rollercoaster! 🎢

The card carries no annual or foreign transaction fees, offers flexible crypto rewards, and includes perks through the Mastercard World Elite program. It’s issued by WebBank. Because nothing says “trust” like a bank that’s probably still using a typewriter. 🖨️

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2025-10-20 17:02