XRP News Today: XRP's Daily Spending Revolution Begins with Gemini Mastercard

Gemini, in collaboration with Ripple, is set to launch an XRP-powered Mastercard on August 25, 2025, according to recent announcements. The development has sparked significant interest within the XRP community, with the project backed by a $75 million investment from both Ripple and Gemini. The card will enable users to spend XRP at millions of merchants globally, with real-time conversion to local currency via an issuing partner, WebBank. While the precise mechanics of the card have not been fully disclosed, the news has already generated over 1.7 million views and 10,000 likes on social media, signaling strong market anticipation [1].

The XRP price has been in a downward trend for much of the month, dropping 14.7% in the last week and falling 22% from its yearly high. Analysts suggest that the Mastercard launch could serve as a catalyst for a reversal, drawing parallels to past events such as Visa’s expansion of stablecoin settlement on the Solana blockchain, which saw a 20% price surge. However, the market may also react with a “sell the news” sentiment if the development becomes widely anticipated before the official launch. At the time of reporting, XRP was down 1.2% on the day, though technical indicators suggested weakening bearish momentum [1].

Technical analysis of XRP reveals a price range of $2.70 to $3.30 since late July. A potential double-bottom pattern could form if the token bounces from the $2.70 level, which would be a bullish reversal signal. The Average Directional Index (ADX) has dropped to 22, indicating a weakening trend, while the Relative Strength Index (RSI) is nearing oversold territory. These metrics suggest that the downward momentum may be exhausting, with a possible rebound toward $3.34. Conversely, a break below $2.74 could push the price toward $1.90, a level that has previously provided support [1].

The XRP Mastercard is a key component of Ripple’s broader mission to integrate cryptocurrency into everyday transactions. By enabling real-world spending, the project aligns with Ripple’s long-standing vision of making digital assets functional for daily commerce. The card is one of several initiatives aimed at expanding XRP’s utility. For instance, SolMining recently introduced cloud mining contracts that support XRP, allowing users to generate passive income by staking the token. These contracts offer varying investment tiers and daily returns, with higher investments yielding more substantial payouts over time [2].

Gemini, as a major player in the crypto space, has positioned itself as a regulated and secure platform for digital asset trading. The exchange has gained recognition for its compliance with U.S. regulatory standards and its emphasis on institutional-grade security measures, such as proof-of-reserves audits and cold storage. While Gemini’s fee structure and product offerings differ from those of competitors like Kraken and Binance, its Gemini Credit Card, which allows users to earn crypto rewards on purchases, has added another layer to its value proposition. The XRP Mastercard represents Gemini’s latest effort to innovate within the crypto-credit card space [3].

The broader implications of Gemini’s XRP Mastercard lie in its potential to accelerate the mainstream adoption of XRP. Unlike speculative assets that rely on market hype, XRP’s value has long been tied to Ripple’s partnerships and real-world use cases. The card introduces a tangible utility for XRP in everyday spending, which could attract new users and provide a stable foundation for price appreciation. Analysts and investors will be closely watching the market’s reaction to the launch, particularly whether it can sustain a bullish momentum and differentiate itself from other crypto-linked payment solutions [2].

Source:

[1] title1 (https://crypto.news/will-xrp-price-rally-on-gemini-xrp-mastercard-launch/)

[2] title2 (https://coincentral.com/xrp-mastercard-launches-august-25-gemini-supports-solmining-xrp-contracts-earning-9800-a-day/)

[3] title3 (https://www.kraken.com/learn/best-crypto-exchanges)