Solana’s Financial Revolution: Gemini’s Auto-Staking Credit Card Delivers 299% Returns

Gemini has launched a groundbreaking Solana rewards credit card that represents a significant evolution in cryptocurrency integration with traditional finance. The card, introduced on October 20, 2025, offers users up to 4% back in SOL rewards on purchases, with an innovative auto-staking feature that boosts rewards to an impressive 6.77%. This marks the first time Gemini customers can access such automated staking functionality directly through their credit card rewards program. The most compelling evidence of the card's success comes from performance data showing that holders who retained their SOL rewards for at least one year experienced a remarkable 299.1% increase in value by July 2025, significantly outperforming other cryptocurrency assets and traditional investment vehicles during the same period. This performance demonstrates Solana's growing strength in the crypto ecosystem and highlights how strategic product innovations can create substantial value for users. The timing of this launch coincides with increasing institutional adoption of Solana and reflects Gemini's commitment to providing cutting-edge financial products that bridge the gap between traditional banking services and cryptocurrency benefits. The auto-staking feature particularly stands out as it allows users to maximize their rewards without requiring active management, making cryptocurrency earnings more accessible to mainstream consumers. This development signals a broader trend of cryptocurrency exchanges expanding beyond simple trading platforms to become comprehensive financial service providers, offering products that compete directly with traditional banking rewards programs while delivering superior returns through crypto-native features.

Gemini Launches Solana Rewards Credit Card with Auto-Staking Feature

Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has introduced a Solana edition of its credit card, offering users up to 4% back in SOL rewards on purchases. The card, launched on October 20, includes an auto-staking feature that boosts rewards to 6.77%, a first for Gemini customers.

Holders who retained SOL rewards for at least a year saw a 299.1% increase by July 2025, outperforming other cryptocurrencies on the platform. The card eliminates annual fees, foreign transaction charges, and crypto reward fees, emphasizing user convenience.

Earlier this year, Gemini expanded its solana services with institutional staking, allowing ETFs and high-net-worth clients to stake SOL via Gemini Custody. Partnerships with firms like DeFi Dev Corp., managing over 2 million SOL, underscore its institutional push.

Solana Co-Founder Unveils Percolator Perps DEX, Challenges Developers to Adopt Open-Source Model

Solana co-founder Anatoly Yakovenko has unexpectedly released Percolator, an open-source perpetuals exchange prototype built natively on the Solana blockchain. The GitHub documentation, published October 19th, reveals a high-speed architecture leveraging parallel processing through a sharded "slab" matching engine.

Percolator's fully on-chain design eliminates centralized dependencies for position management, collateral tracking, and margin calculations. While Core functionalities are operational, critical components like liquidation mechanisms remain under development. Yakovenko's unconventional approach—explicitly inviting competitors to replicate the codebase—signals a strategic play for Solana's dominance in the $210 billion perps market.

The protocol enters a competitive landscape dominated by GMX, dYdX, and Hyperliquid. Solana-native traders now await performance benchmarks to validate claims of latency advantages over existing solutions.

Solana Holds Key Support as Mid-Term Holders Sell—Is a Breakout Still on the Table?

Solana's price resilience faces a test as mid-term holders unwind positions. Supply held by investors with three- to six-month exposure dropped 1.7% in October, signaling anxiety rather than strategic profit-taking. Glassnode metrics reveal median returns of just 1.14x-1.4x among sellers—a flight to safety rather than greed-driven exits.

Technical patterns suggest latent upside potential, but the token must overcome this distribution phase. Unlike typical maturation cycles, six- to twelve-month holder supply remains flat, confirming coins are exiting portfolios entirely. Such capitulation often precedes volatility spikes.

The market now watches whether spot demand can absorb this overhead supply. Solana's ability to maintain key support levels despite the selling pressure hints at underlying strength, but sustained recovery requires fresh catalysts to shift sentiment.

Exodus to Tokenize Common Stock on Solana in Landmark Move for On-Chain Equity

Solana's blockchain continues to carve a niche in institutional finance as digital asset platform Exodus announces plans to tokenize its Class A shares on the network. The initiative marks the first instance of a publicly traded company offering common stock tokens, currently available on both Solana and Algorand.

The integration leverages Solana's high-speed infrastructure to enable transparent, efficient equity management through decentralized technology. Analysts view this as a watershed moment for traditional finance adoption of blockchain solutions, with Exodus shareholders gaining the option to hold tokenized representations of their stakes.

Solana's ecosystem demonstrates growing utility beyond cryptocurrency trading, positioning itself as a viable infrastructure provider for securities tokenization. This development follows increasing institutional interest in blockchain-based financial instruments, with Exodus pioneering a model that could reshape shareholder rights management.

Solana Policy Institute Head Confident Crypto Momentum Will Resume Post-Shutdown

Kristin Smith, President of the Solana Policy Institute, asserts that the current U.S. government shutdown is a temporary setback rather than a long-term obstacle for cryptocurrency progress. Despite the SEC's paused operations—delaying IPO approvals and ETF reviews—Smith anticipates swift movement on pending applications once Washington reopens.

"Crypto progress—in Washington and on Wall Street—continues," Smith stated in an October 20 social media post. The shutdown, now in its third week, has stalled key regulatory decisions but hasn’t derailed the sector’s forward trajectory. Market participants remain watchful as ETF approvals hang in the balance.

Hong Kong Approves First Spot Solana ETF, Set for October Launch

Hong Kong's Securities and Futures Commission (SFC) has greenlit the region's first spot Solana ETF, with ChinaAMC scheduled to launch the product on October 27, 2025. The ETF will trade on the licensed OSL Exchange, offering institutional and retail investors regulated exposure to SOL without direct custody requirements.

The approval marks a watershed moment for crypto adoption in Asia's financial hubs. By mandating rigorous custody and risk management protocols, the SFC has addressed longstanding institutional concerns about digital asset security. "This isn't just about Solana—it's about building bridges between decentralized networks and traditional finance," observed a market strategist at OSL.

ChinaAMC's product structure mirrors the physical-backed model used for Bitcoin and ethereum ETFs, tracking SOL's spot price through exchange-traded instruments. The move comes as Hong Kong positions itself as a compliant gateway for mainland Chinese capital seeking crypto exposure.