Barely a week after enabling support for stablecoin transfers on Solana, US-based crypto exchange Gemini has launched the Solana Edition of the Gemini Credit Card, offering users a chance to earn Solana rewards on everyday purchases while automatically staking those rewards for additional yield. The card, which features a design inspired by Solana’s brand, reflects Gemini’s growing partnership with one of the most active blockchain ecosystems.
With the Solana Edition, Gemini customers can earn up to 4% back in Solana on eligible purchases. In addition, Gemini’s Vault Rewards program offers up to 10% back on qualifying purchases with select merchants, subject to monthly spend limits and varying by merchant offer. Details on eligible merchants are available in the Gemini app.
Automatic Staking for Solana Rewards
For the first time, Gemini customers can automatically stake the Solana rewards they earn through their credit card. This feature allows users to earn up to 6.77% back by staking their rewards directly from their Gemini Credit Card account.
New cardholders can opt into auto-staking during signup, while existing customers can activate the feature when selecting Solana as their preferred reward option.
Gemini’s Broader Push into Solana
The new Solana Edition card follows a series of integrations that highlight Gemini’s expanding presence in the Solana ecosystem. On October 15, Gemini announced support for $USDC and $USDT transfers on the Solana network, making it easier for users to transact with stablecoins at lower costs and faster speeds.
Earlier this year, Gemini launched institutional staking for Solana, allowing exchange-traded funds, corporations, and high-net-worth clients to stake $SOL directly through Gemini Custody.
The initiative, which began on June 23, included partnerships with DeFi Dev Corp., a Solana treasury firm managing over 2 million $SOL, and Purpose Investments, a Canadian issuer of a Solana ETF. Gemini’s move into institutional staking aligns with its strategy to establish itself as a trusted custodian ahead of potential SOL ETF approvals in the United States.
Gemini has also partnered with Solana to host a 48-hour nonstop livestream on X, starting October 21 at 9 a.m. ET, live from the Gemini headquarters in New York City. The event aims to raise $50,000 for St. Jude Children’s Research Hospital to help treat childhood cancer. This initiative underscores Gemini’s community-focused approach while celebrating its collaboration with Solana.
Benefits Beyond Crypto Rewards
In addition to its Solana-specific features, the Gemini Credit Card retains its broader set of benefits. The card carries no annual fee, no foreign transaction fees, and no fees for receiving crypto rewards. Cardholders can switch their preferred reward currency at any time, choosing from Bitcoin, Ether, Solana, or over 50 other cryptocurrencies available on Gemini.
Users also gain access to discounts on services such as Peacock Premium, Instacart, ResortPass, Lyft, and Booking.com through Mastercard’s World Elite program. Rewards are distributed in real time, giving customers flexibility to manage and grow their crypto earnings directly within the Gemini platform.
A Logical Step for a Growing Partnership
Solana’s ecosystem has also seen significant momentum outside Gemini’s product line. The network’s total stablecoin supply recently reached an all-time high of $17.48 billion, underlining Solana’s growing role in decentralized finance and digital dollar adoption.
Following the launch of the Bitcoin Credit Card™ and the XRP Edition, launching a Solana Edition of the Gemini Credit Card reinforces the exchange’s commitment to expanding user participation in the Solana network. With one of the highest-performing reward options on Gemini, Solana has become a natural choice for the next phase of Gemini’s crypto rewards program.
As Gemini continues to integrate deeper with the Solana ecosystem, the Solana Edition Credit Card offers both a symbolic and practical step toward broader crypto adoption in everyday finance.
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