Gemini Launches Solana Credit Card With Auto-Staking Rewards Following IPO Success

21. Oct 2025 Posted by Bailey S. on News

Publicly listed crypto exchange Gemini has expanded its credit card lineup with the debut of the Solana Card, introducing an innovative auto-staking feature that lets users automatically stake earned SOL rewards for added returns.

The new product, revealed Monday, mirrors Gemini’s existing crypto reward cards for Bitcoin and XRP—offering up to 4% back on purchases—but introduces a first-of-its-kind staking option. Users who opt into the feature can earn up to 6.77% annual yield (APY) on staked SOL, with the flexibility to unstake at any time.

“Auto-staking is the primary enhancement we’re rolling out with this launch,” a Gemini representative explained. “It gives the Solana community a way to demonstrate loyalty and grow their holdings seamlessly through everyday spending.”

The Gemini Solana Card also includes familiar category-based rewards:

  • 4% back on gas, EV charging, and rideshare

  • 3% back on dining

  • 2% back on groceries

  • 1% back on all other purchases

The company said the choice to launch a Solana-themed card reflects the blockchain’s momentum and developer activity, citing that Solana-based rewards have been among the platform’s top-performing crypto assets. Gemini shared that users who earned and held SOL since 2021 saw an average 300% appreciation—tracking Solana’s rise from under $10 to nearly $300 earlier this year.

The product launch follows Gemini’s successful IPO, which raised over $425 million by pricing shares at $28—above forecasts. Despite recent market pressure pushing shares down about 20% over the past month, the firm continues to expand its consumer offerings as part of a broader push to blend crypto finance with traditional payment tools.

With the Solana Card, Gemini aims to reinforce that bridge—turning every purchase into an opportunity for passive staking and long-term crypto growth.