Shop and Earn SOL: Gemini’s Solana Card Introduces Auto-Staking Rewards Up to 6.77% Back on Everyday Purchases

Gemini Launches Solana Credit Card With Auto-Staking Rewards Up To 6.77%

Crypto exchange Gemini is expanding its crypto credit card offerings with a Solana-themed edition, allowing users to earn SOL on purchases and automatically stake rewards without the need for manual transfers or external wallets.

The card offers up to 4% back in SOL, with select partner promotions pushing potential returns even higher.

Through Gemini’s Vault Rewards program, users can achieve enhanced cashback rates of up to 10% depending on spending patterns and promotional offers.

How Does The Solana Card Differentiate Itself From Other Crypto Cards?

The Solana Credit Card builds on the success of Gemini’s previous XRP and Bitcoin-branded cards, which have helped the New York-based exchange significantly grow its user base.

Sign-ups for Gemini’s card suite jumped from 8,000 in the previous year to nearly 31,000 in August 2025, according to Mizuho analysts.

The Solana card introduces a new optional auto-staking feature, allowing cardholders to instantly put their SOL rewards to work, generating up to 6.77% APY.

Rewards can be unstaked at any time, though withdrawals may take from a few hours to several days.

Visually, the card reflects Solana’s distinctive colour palette, aiming to bridge the gap between digital assets and everyday spending.

Gemini emphasises that the card carries no annual or foreign transaction fees and supports instant payouts in over 50 cryptocurrencies, including Bitcoin and Ethereum.

Partnerships with global brands like Booking.com and Lyft enhance the card’s appeal as a practical lifestyle product rather than a niche crypto tool.

Why Gemini Is Betting On Solana Now?

Gemini highlighted Solana’s momentum and its active community as key reasons for the card’s launch.

“Launching a Solana edition of the Gemini Credit Card was a logical choice given Solana’s momentum and the robust and active community it built as one of the top ecosystems for new developers.”

Solana has seen rapid growth in capital, developer activity, and user adoption, making it one of the fastest-growing ecosystems in the crypto space.

The card also supports stablecoin transfers on the Solana network, such as USDC and USDT, offering faster settlement speeds and lower fees—features that make Solana particularly suitable for payment innovation.

Users who have previously chosen SOL as their reward token and held it for at least one year have historically seen appreciation of around 300%, based on Gemini’s internal data from July 2025.

How Gemini’s Wider Growth Strategy Aligns With This Launch?

The Solana card comes at a time when Gemini is pursuing broader expansion.

The exchange recently received regulatory approval in Europe under a MiFID II license, opening the door for crypto derivatives trading across the bloc.

Nasdaq’s $50 million investment ahead of Gemini’s IPO reflects growing institutional confidence in the company.

Co-founders Cameron and Tyler Winklevoss continue to advocate for clearer crypto legislation in the United States, aiming to strengthen Gemini’s position in both retail and institutional markets.

Could This Model Sustain Its Momentum In The Long Run?

Coinlive sees the Solana edition as a strategic attempt to deepen Gemini’s integration with high-growth ecosystems, yet questions remain about sustainability.

Auto-staking rewards offer compelling returns, but reliance on volatile tokens like SOL exposes users—and the platform—to significant price swings.

While partnerships and lifestyle integrations improve adoption, the model may face challenges in maintaining high user engagement if crypto market conditions weaken.

The card’s success will hinge on balancing immediate rewards with long-term value, while continuing to navigate regulatory and market uncertainties in an increasingly crowded crypto payments landscape.