Gemini is merging blockchain with everyday finance through its new Solana Edition credit card, which automatically stakes rewards for users. Announced on Oct. 20, the exchange said the card converts everyday purchases into on-chain participation by staking Solana (SOL) rewards directly within Gemini’s system.
Cardholders who select Solana as their preferred reward option can earn up to 6.77% yield, supporting Solana’s validators while contributing to network security. The card also offers up to 4% SOL back on gas, EV charging, and rideshare spending, turning typical transactions into staking opportunities.
The feature follows Gemini’s previous Bitcoin and XRP card editions and represents a broader effort to blend traditional finance with crypto-native incentives. New applicants can activate staking during sign-up, while existing cardholders can enable it in their rewards settings.
Gemini chose Solana for its speed, developer activity, and community strength. The exchange noted that users holding SOL rewards for at least a year saw an average 299% increase in value.
The move comes shortly after Gemini enabled USDT and USDC transfers on Solana. Following the announcement, Gemini’s stock rose 5% to $20.67, reflecting growing investor confidence in its Solana-focused strategy.
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