Gemini, one of the renowned cryptocurrency exchanges, has launched a Solana-themed crypto card that allows users to make seamless purchases. The trading platform unveiled the new tool on Tuesday through a post on its official X page. 

As revealed, the firm tapped into the payment infrastructure of global merchant Mastercard to launch the new card. More so, Gemini, in the announcement stated that the card is issued by WebBank which underlines the reliability of the product. 

Meanwhile, one major upside of the newly launched tool is the reward offer that guarantees 4% returns in SOL ($184.51) on every purchase. Likewise, the new Solana card comes with a feature that allows users to stake their rewards and earn a 6.77% additional bonus. 

The launching of the Solana card occurred amid the recent price dip of SOL. According to Coinmarketcap, SOL in the last 30 days plunged by 20.23% and the token is currently trading around $190.87.

Furthermore, in the statement, the company said launching the Solana edition of the Gemini Credit Card is not unconnected to the momentum and vast active community backing the network. The exchange acknowledged that over the last few years, Solana has built one of the top ecosystems for developers. 

Gemini eyes market expansion with new offerings 

However, Gemini cards backed by Mastercard are one of the crucial features driving the growth of the cryptocurrency exchange. Early this year, the trading platform launched the XRP ($2.50) version of the Gemini Credit Card in addition to its Bitcoin-themed version. 

The initiative to launch credit cards for a dedicated ecosystem has helped attract more users to the exchange. In 2025 alone, the crypto exchange has recorded new sign-ups with more than 31,000 fresh intakes as of August. Unlike the same time in 2024, Gemini’s new sign-ups stood at 8,000. 

Gemini generated huge attention in September after going public in what is widely regarded as one of the explosive listings in 2025. It is worth mentioning that in May 2025, Gemini received an investment license from the Malta Financial Services Authority (MFSA). 

Thanks to this approval, the crypto exchange now has the legal backing to offer regulated derivatives services in the European Union. A Binbits report disclosed how Gemini aims to expand massively in Europe with its new offerings. 

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