Gemini taps Ripple to launch limited edition credit card with 4% XRP cashback

  • The exchange has partnered with Ripple to launch a limited edition credit card.
  • Users will enjoy up to 4% XRP cashback on their day-to-day purchases.
  • Ripple’s RLUSD stablecoin to simplify crypto access.

As cryptocurrencies integrate with our daily financial undertakings, trading platform Gemini has collaborated with Ripple to release an XRP-powered credit card.

The limited-edition metal card aims to simplify transactions for the Ripple community, enabling cardholders to receive instant crypto incentives each time they swipe.

While traditional reward models pay in monthly cash or points, Gemini offers up to 4% cashback in XRP immediately after transactions.

Notably, the limited-edition card is currently available for users in the US alone, with applications starting today.

Spending in the digital era

The Gemini XRP credit card turns daily purchases into seamless opportunities to earn cryptocurrencies.

Imagine earning XRP tokens each time you buy groceries.

You can pay bills in dollars and receive instant crypto rewards in your account.

The incentives model comprises:

  • 4% back in XRP on EV charging, rideshare purchases, and gas.
  • 3% XRP reward on restaurants and dining.
  • 2% XRP back on groceries.
  • 1% back in XRP on all other daily purchases.

Crypto enthusiasts can leverage this setup to stack XRP tokens passively.

The digital card converts routine expenses like running errands, taking lunch, and filling up tanks into crypto investments.

RLUSD to simplify trading

The XRP credit card comes with a key update within the Gemini ecosystem.

The crypto exchange has officially integrated Ripple’s RLUSD stablecoin to support US spot trading.

Individuals can access a stable token without incurring extra conversion fees.

That streamlines how users move RLUSD, XRP, and other digital assets on the exchange.

The stablecoin enriches Gemini’s trading platform with simplified stable values and crypto-backed incentives.

Gemini’s XRP gift card and stablecoin support underscore the broader trend to make digital assets practical for daily activities.

Why timing is crucial

The move comes after Ripple gained regulatory clarity after finalising its prolonged battle with the US SEC.

Also, the United States has introduced regulatory policies to support the cryptocurrency sector.

Donald Trump signed the GENIUS law, which provided the sought-after clarity for digital assets innovations, especially stablecoins.

The XRP credit card reflects the crypto market’s maturity.

The industry that began as an experimental niche has evolved into a mainstream financial instrument with traditional offerings comprising crypto benefits.

Recently, SBI Holdings inked a deal to distribute RLUSD in Japan.

XRP price outlook

Ripple’s native token traded in the red amidst a broad market bloodbath.

It has lost 2% over the past 24 hours to $2.95.

While bears dominate short-term trends, analysts forecast impressive performance for XRP in the coming months, citing its real-world utility in global payments.

Also, the Ripple vs SEC conclusion increased XRP’s institutional appeal.

Enterprises looking for a legitimate asset to join the digital assets bandwagon will possibly choose XRP.

Analysts expect XRP’s price to rally to $5 in 2025 and further in the coming years.

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INJ price eyes $20 as Republic expands RWA with Injective

  • Injective (INJ) price outlook as Republic expands RWA integration with Injective.
  • The INJ token trades around $13.38 after dipping from highs of $16 amid crypto sell-off.
  • ETF anticipation, tokenization growth and other catalysts may help INJ bulls.

Injective price hovers around $13.38 on Thursday evening, about 3% down in the past 24 hours and over 12% down in the past week, but could Injective’s integration with Republic help INJ price bounce to $20?

Over the past week, Injective has dipped from highs of $16, with sell-off pressure across the market adding to the declines.

This is despite the finance-focused layer 1 blockchain’s notable milestones across the ecosystem.

Now with Republic, a leading tokenized investments platform, bulls may fancy higher marks if markets flip bullish.

Injective integrates with Republic

While the crypto market bleeds, platforms are taking time to build.

Integrations are among the critical elements, and Injective has added to this with its official integration with Republic.

The platforms announced the collaboration on Aug. 21 and aim to bring Injective’s Layer 1 ecosystem into Republic’s on-chain investment infrastructure.

Specifically, the goal is to enable Injective-based projects to fundraise via Republic’s Launchpad, utilize Republic Wallet for asset management, and benefit from Republic’s validator support.

Why is this integration notable?

Republic and Injective are building on an earlier collaboration that saw Republic become an INJ validator.

However, and notably, the integration is a step forward in expanding private markets on-chain.

“With 3 million+ community members across 150+ countries and a portfolio that includes 27 unicorns such as SpaceX, Robinhood, Carta, and Dapper Labs, Republic’s integration with Injective represents a pivotal moment in bridging traditional finance with onchain innovation,” Injective wrote.

INJ price outlook: Can bulls reclaim $30?

The technical outlook for INJ is leaning bearish in the short term, with RSI and MACD both handing bears the upper hand.

Currently trading near $13 means the Injective price is closer to the lows of $6.90 seen in April 2025 than the recent peak of $34 hit in December 2024.

The sell-off that has hit Bitcoin and altcoins does not help bulls.

Injective price chart from CoinMarketCap

However, if sentiment flips, a breakout to $20 could allow bulls to target the $30 level.

Other than the Republic integration, other significant upward drivers will be overall institutional interest and demand amid tokenization and real-world assets.

Injective’s quest to dominate with new financial primitives designed to expand its DeFi capabilities, and the Nvidia GPU derivatives market add to the positives.

Also bullish for Injective price is anticipation around ETF filings and expected approvals and whale accumulation will be key.

Bulls nonetheless need to hold above $13 and potentially $10 so as not to hand greater initiative to bears.

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Verb Technology confirms $713M TON stake after $558M private placement

  • Its treasury has surpassed $780M, comprising $713M in Toncoin and cash worth $67M.
  • The milestone comes after a $558M private placement completed early this month.
  • Verb aims to accumulate 5% of Toncoin’s circulating supply.

Institutional players dominate market trends with dib-buying activities after the current broad market decline.

NASDAQ-listed Verb Technology, which will soon rebrand to Ton Strategy Company, has revealed a key milestone that aligns its vision with the Telegram-based blockchain.

The livestreaming firm has disclosed that its treasury assets have surpassed $780 million, with the Open Network’s native token accounting for the most at $713 million.

It holds the remaining $67 million in cash.

The development has attracted attention as it follows Verb’s $558 million private placement early this month.

The fundraising drew crypto-oriented investors and over 110 institutions, confirming trust in Verb’s digital asset strategy and the Toncoin project.

Commenting on the milestone, Verb’s Executive Chairman Manuel Stotz stated:

Crossing $780 million in assets just days after our private placement reflects the conviction behind $TON. This is more than building a balance sheet; it’s about contributing to the security of TON blockchain – where participants can build, transact, and benefit directly from the underlying financial protocols.

Verb eyes 5% of Toncoin’s supply

Verb Technology plans to be the central player in the Open Network ecosystem.

It plans to acquire over 5% of Toncoin’s circulating supply (currently at 2.56 billion tokens).

That would make Verb a top participant in securing the TON blockchain.

Moreover, the company plans to add its Toncoin balance on a per-share basis over time, leveraging staking rewards, disciplined market activity, and cash flow reinvestment.

That would ensure Verb’s active participation in supporting the platform’s infrastructure while benefiting from maximized returns.

Stotz added:

By becoming the first and largest publicly traded treasury reserve of TON, VERN is not just holding TON on its balance sheet – we are helping to strengthen the economic foundation of the network itself.

TON and potential

Verb Technology isn’t zeroing in on a random digital asset.

Toncoin remains the first coin to receive support from a leading social site.

Dogecoin appears to have failed in its fight to become X’s (formerly Twitter) payment token.

Telegram, the leading messaging platform with around 1 billion active users per month, collaborated with the Ton Foundation to make Toncoin the sole asset powering its ecosystem.

The integration enriched the alt’s utility, now the backbone for payments, wallets, and emerging decentralized applications (dApps) within Telegram.

The use cases likely elevated TON’s institutional appeal.

Recently, Coinbase Ventures endorsed Toncoin as the ideal token for fueling cryptocurrency adoption.

Toncoin price action

The alt trades at $3.30, reflecting the prevailing broad market declines.

Meanwhile, the minor 0.71% price increase signals a possible momentum shift as the community digests Verb’s updates.

Toncoin Price Chart on Coinmarketcap

TON could see brief gains in the near term, but the broad market outlook suggests short-lived gains.

Nonetheless, institutional interest positions Toncoin for impressive growth and price performance in the coming months and years.

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Morpho price jumps 12% to lead market gainers

  • Morpho price rose 12% to hit a six-month high of $2.38.
  • Ecosystem developments and market sentiment has helped MORPHO up.
  • Bulls could target the peak of $4.17 reached in January.

Morpho (MORPHO), native to the decentralized lending protocol, has climbed more than 12% in the past 24 hours to emerge as one of the top gainers in the crypto market.

The uptick has pushed MORPHO to price levels seen in early March, with daily volume rising as key network developments catalyze bullish movement. MORPHO traded to highs of $2.38 and its market cap reached over $773 million..

Morpho surges to 6-month high

The MORPHO token has reached its highest value in six months, with bulls strengthening since hitting lows of $0.85 in April. Morpho price hovered around $2.38 and the zone in early March.

With buyers pushing higher after a period of consolidation, MORPHO has struck upward momentum amid heightened market interest.

Largely, traders see the token’s strong fundamentals and the protocol’s innovative approach to lending as a bullish factor.

Morpho price chart by CoinMarketCap

After hitting lows of $0.7 in November, MORPHO has jumped over 230% to its current levels. Gains also put the altcoin about 44% of its all-time peak of $4.17 reached in January 2025.

The token’s performance, which comes amid a 47% spike in daily volume, has MORPHO outpacing most top gainers on the day.

Key ecosystem developments buoy MORPHO price

Several recent developments within the Morpho ecosystem are believed to be the catalysts behind this price jump.

Centrifuge, a platform specializing in real-world asset (RWA) tokenization, has announced key integrations with Coinbase, Aerodrome Finance and Bitget among others. This integration, announced on Aug. 20, 2025, will also offer collateral support for Morpho.

According to Morpho Labs, the move allows the protocol to expand its offerings by incorporating decentralized RWA tokens, enhancing its lending capabilities and attracting new users.

MORPHO also surged after industry players launched Ascend.

Why is this important?

Centrifuge’s announcement emphasized the potential for Morpho to unlock liquidity for tokenized assets, a move that has sparked optimism among investors.

Additionally, Gauntlet, a risk management firm, shared insights about Morpho’s updated risk parameters, which were refined to optimize lending efficiency.

The confluence of these technical enhancements, partnerships and integrations are creating a positive narrative for MORPHO.

Price is likely to jump higher as retail and institutional holders bid to increase their stakes.

As the DeFi sector continues to evolve, Morpho’s ability to leverage RWA integration and robust risk management could solidify its position as a key player.

For now, the 12% price jump serves as a testament to the project’s resilience and potential, drawing significant attention in today’s market.

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XRP price forecast as bulls and bears face off near $3

  • XRP price hovered around $2.88 after this week’s dip.
  • After a broader market downswing, XRP losses have hit 10% for the past seven days.
  • Bulls face pressure near $3 but tailwinds could help them rip to a new peak.

XRP trader around $2.88 with buyers trying to flip positive amid downside pressure, with sellers having taken out bulls near the $3 mark.

As the Ripple token grapples with bearish sentiment that cuts across a volatile cryptocurrency market, weekly losses have jumped to over 10% and XRP risks further losses.

But could positive developments, including regulatory clarity and growing institutional interest, provide tailwinds for XRP’s potential rebound?

XRP price dips as weekly losses mount

XRP has declined by about 10% in the past week, and is trading around $2.88 as of writing on August 21, 2025.

The dip sees the Ripple cryptocurrency extend its drift from recent highs of $3.40, with downside action over the past week exceeding -10%.

Notably, this sees XRP form a downtrend line and slip below its 50-day simple moving average. As a critical technical indicator, this slip under the 50 SMA signals weakening momentum.

While this drop aligns with broader market dynamics, which has seen Bitcoin drop to $113k and Ethereum pare gains, XRP faces downward pressure amid notable whale selling.

Onchain data indicates whales have dumped about 460 million XRP in a little over a week, with bulls facing off with bears near the $3 mark.

XRP price forecast: tailwinds and technical outlook

Risk-off sentiment has engulfed a large part of the market as investors become jittery amid macro headwinds.

Inflation data, including a surprise surge in the US producer price index in July, added to the uncertainty. Geopolitical events and the upcoming Jackson Hole symposium, where Federal Reserve Chair Jerome Powell is expected to speak, are key events this week.

For the latter, XRP holders are as upbeat as the rest of the market.

Investors are braced for any potential signals that the Fed will cut interest rates, a likely boost for risk assets like cryptocurrencies. However, a hawkish Fed could further depress XRP.

Despite the current bearish tilt, XRP is still largely bullish amid notable tailwinds. This includes Ripple’s march to a resolution of its legal hurdle from the SEC lawsuit.

Additionally, Ripple’s RLUSD stablecoin is seeing growing integration and partnerships, as is XRP Ledger’s traction in payments and tokenization of real-world assets.

Potential XRP ETF and Ripple banking license approvals, expected in late 2025, provides further optimism.

On the charts, XRP faces immediate support at $2.80, with a deeper safety net in the $2.58 to $2.32 zone. However, if bulls reclaim the $3.00 to $3.40 area as support, a breakout could bring a new ATH into play, with targets of up to $10.

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