TechFlow news, October 21 — According to The Block, cryptocurrency exchange Gemini has announced the launch of its "Solana Edition" credit card, offering users up to 4% cashback in SOL tokens on purchases, with staking functionality available on rewards yielding up to 6.77% annual percentage yield (APY). This marks Gemini's latest credit card product tailored for a specific crypto ecosystem, following earlier versions for Bitcoin and XRP. Gemini stated that the decision to launch the Solana Edition stems from the strong growth momentum and active community within the Solana ecosystem. Data from Mizuho analysts indicates that the Gemini credit card has become a key growth driver for the exchange, with user registrations surging from 8,000 in August last year to 31,000 this August.
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