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.
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.
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.
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.
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%.
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.
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