Gemini Credit Card Launches, XRP Earnings Reach 4%

XRP's latest price was $, in the last 24 hours. The recent launch of the Gemini Credit Card, XRP edition, marks a significant milestone in the integration of cryptocurrency into everyday financial tools. This limited-edition metal card, issued by WebBank and running on the Mastercard network, offers users the unique benefit of earning up to 4% back in XRP on various purchases. The card features distinct branding with the Gemini emblem and the XRP symbol, and it provides differentiated cashback tiers for different categories of spending, including gas, electric vehicle charging, transit, dining, groceries, and general expenditures.

Ripple, the company behind XRP, highlighted the special-edition design tailored for the XRP community. Ripple also noted that its stablecoin, RLUSD, is now supported for U.S. spot trading, enabling simplified trading without extra conversion fees and providing fast and simple access to crypto and stable value. The co-founders of Gemini, Cameron and Tyler Winklevoss, also emphasized the card's benefits, with Tyler directly appealing to the XRP community, encouraging them to earn up to 4% back in XRP with every swipe.

The program is currently limited to U.S. customers, with applications already open. Market analysts view this collaboration as a strategic move to expand the real-world use of XRP while strengthening Gemini’s consumer-facing offerings. While some critics point out the risks associated with the volatility of crypto rewards, supporters argue that the immediate XRP payouts could provide long-term advantages, making the card a valuable tool for token accumulation.

This launch signifies a pivotal step in XRP's utility expansion, following regulatory clarity and sparking immediate positive market reactions. The initiative involves industry giants such as Gemini, Ripple, Mastercard, and WebBank. Equipped with XRP rewards, it enhances user benefits, demonstrating these firms' commitment to expanding crypto usability and propelling XRP’s market influence. The launch generated considerable attention, specifically increasing XRP’s practical applications. This partnership taps into a bullish market for XRP, demonstrated by increased user demand and transactions, offering consumers new ways to interact with cryptocurrencies effectively.

The Mastercard credit card aims to reshape financial transactions, embedding XRP into everyday use. This has the potential to transform retail habits and drive market demand, solidifying crypto’s role in modern economies and linking digital and fiat currencies. Many expect the crypto ecosystem to expand further, fueled by these advancements. Financial implications suggest a trend toward more integrated, cross-platform products bridging traditional and digital assets, shaping the future of payments. Analysts predict significant upticks in XRP adoption due to regulatory clarity and institutional alignment with major players, signaling potentially positive outcomes for the broader crypto industry. Strategic partnerships like this are seen as cornerstones of future financial landscapes.

XRP continues to face challenges in keeping pace with other leading digital assets, despite a series of favorable developments in recent weeks. Analysts are pointing to one specific price region that could determine whether the asset stabilizes or faces further downside movement. While several major altcoins have posted significant gains over the past week, XRP’s performance has remained notably muted. Ethereum (ETH) advanced by 9.36%, Binance Coin (BNB) gained 4.73%, and Solana (SOL) increased by 11.61% in the same timeframe. In contrast, XRP recorded only a 0.08% rise, reflecting a persistent struggle to generate strong momentum. Bitcoin (BTC) has also faced similar difficulties, recently moving down to the $111,000 region.

Despite the resolution of the Ripple versus SEC case and updates surrounding spot ETF applications, XRP has yet to deliver a convincing recovery. This lack of progress has drawn attention to its current support levels, which market observers consider decisive for the asset’s short-term direction. A market analyst, presenting insights under the Joe Swanson persona, emphasized that XRP’s ability to maintain the $2.8 support level is crucial. According to his analysis, this price point represents the threshold between stability and significant downside risk. He highlighted that XRP tested this level repeatedly between August 19 and August 22, after which the asset experienced a sharp upward move of 7.81%, briefly reaching $3.1 before pulling back slightly. At the time of press, XRP trades near $2.98, hovering close to this critical region. The analyst cautioned that a decline of roughly 6% from the current price would place XRP below $2.8, which, in his assessment, would invalidate its recent recovery and expose it to deeper losses.

Although Swanson remains cautious, not all analysts share the same outlook. EGRAG Crypto has suggested that a fall below $2.8 would not necessarily end XRP’s prospects, provided it remains above $2.65. In his view, price activity within this range is insignificant until the asset either climbs beyond $3.65 or falls below $2.65. In his assessment, crossing either boundary would define the next phase of market movement. Meanwhile, CryptoInsightUK has expressed greater optimism. He identified strong liquidity between $3.1 and $3.7, describing this area as a potential launch point for a further rally. If this momentum holds, he anticipates a move toward new highs, with projections extending above $4.2. The debate among analysts highlights the importance of the $2.8 price region as a short-term benchmark for XRP. While some see it as a decisive line that could trigger broader losses if breached, others argue that opportunities remain as long as the asset avoids a drop below $2.65. With XRP trading near $3 and struggling to match the growth of its peers, market participants are watching closely to see whether it can build on its recent rebound or face renewed downward pressure.

XRP could soon outperform Ethereum, according to fresh market analysis. CrediBULL Crypto reported that the XRP/ETH pair has reached a downside zone of interest following a three-month correction. The analyst explained that this level also matches the midrange after a 700% rally from prior range lows earlier this year. The move was described as a technical reset that could support renewed gains. According to the analysis, the confluence of support areas suggests XRP is forming a base for another expansion phase against ETH. The report highlighted that XRP/USD has been consolidating for nine months above its highest monthly close on record. Analysts noted that this type of structure has historically preceded strong market expansions for both XRP and Bitcoin. The consolidation reflects profit-taking behavior after a prolonged bear market. CrediBULL Crypto stated that XRP’s ability to hold support at this level signals potential preparation for a breakout move. In contrast, Ethereum has shown strong momentum in recent months. According to the analysis, ETH/USD completed a five-wave impulse starting from the $2,100 level. The move brought ETH close to its prior all-time high, a level not tested since the previous market cycle. CrediBULL Crypto explained that Ethereum is now entering a logical resistance zone where price action may slow. The report added that a consolidation phase is likely as the market digests recent gains. This potential pause could allow XRP to take the lead in relative performance.

According to breaking news, the SEC has postponed its decision on the Wisdomtree XRP Spot ETF application. This development comes as the regulatory landscape for cryptocurrencies continues to evolve, with significant implications for the future of digital assets. The postponement underscores the ongoing scrutiny and deliberation surrounding the approval of spot ETFs, which could pave the way for broader institutional adoption of XRP and other cryptocurrencies. The decision by the SEC to delay its ruling highlights the complex regulatory environment that cryptocurrencies operate within, as well as the potential for future regulatory clarity that could drive market growth and innovation. As the industry awaits further updates, the postponement serves as a reminder of the importance of regulatory developments in shaping the trajectory of digital assets.