Unlock Solana’s Power: Gemini’s Credit Card Staking Revolution

Gemini Launches Innovative Solana Credit Card with Auto-Staking

Gemini has introduced a new credit card that integrates blockchain technology into daily spending. The Solana Edition card automatically stakes SOL rewards, making it easy for users to participate in network security without extra effort.

This card offers up to 4% SOL back on specific purchases like gas, EV charging, and rideshares. Users can earn up to 6.77% network yield by staking their rewards. This feature transforms everyday transactions into passive income opportunities.

The card builds on Gemini’s previous Bitcoin and XRP editions. It aims to bridge customary finance with crypto incentives. Users can earn rewards that are automatically staked, boosting their crypto holdings. This move aligns with Gemini’s strategy to merge traditional finance with crypto benefits.

• Up to 4% SOL rewards on specific purchases.
• Automatic staking of rewards for passive income.
• Integration with Solana’s high-performance blockchain.

Gemini chose Solana for its active community and developer-pleasant ecosystem. Users who held SOL for a year saw a 299.1% increase in value,according to Gemini’s analysis. This card launch follows Gemini’s recent support for USDT and USDC on Solana, highlighting the network’s fast transactions and low fees.

the announcement gave gemini’s stock a small boost, rising 5% to $20.67. This is a relief for the company, wich has faced market pressures since its Nasdaq IPO earlier this year. Gemini debuted at $28 per share, raising over $425 million, but has as seen its stock price decline.