Ripple CEO brad Garlinghouse unveiled a real-world XRP rewards card, while XRP hovers near the critical $2.73 support, suggesting a potential inflection point.
Key Takeaways:
- XRP recently announced their new utility milestone, which is a Gemini-issued, Mastercard-powered rewards card offering up to 4% back in XRP.
- XRP trading near $2.91, with key support at $2.73, where either holding or breaking could significantly determine direction.
- Support still holds, with downside risk near $2.33. Breakout above resistance could open a run toward $3.40 or even the $3.65 ATH.
Ripple CEO Brad Garlinghouse officially revealed the Gemini XRP Edition rewards card on his recent X (formerly Twitter) post earlier today, August 26, 2025, noting “An XRP rewards credit card out in the world?! What a time to be alive, XRP family”, capturing the community’s attention.
The card, issued by WebBank and powered by Mastercard, gives users up to 4% back in XRP on purchases such as gas, EV charging, and rideshare; plus 3% on dining, 2% on groceries, and 1% on other spending. Gemini also teased exclusive benefits: no annual fees, no foreign transaction fees, and even a "whale limit" quip from Gemini’s Tyler Winklevoss. In a CoinDesk report, Gemini said it partnered with Ripple to launch the XRP-edition card. Gemini also announced the partnership on X.
Market Analysts Weigh In on Adoption
Experts view the card as a practical way to bring crypto into daily life, allowing users to passively accumulate XRP without exchanges. Some, however, note the card is U.S.-only and rewards already existed for Gemini users, tempering novelty. Community reactions ranged from excitement to skepticism.
XRP Balances Between Support and Resistance
As of this writing (10:45 AM UTC), XRP is trading around $2.91, a modest drop of approximately 0.6% in the past 24 hours while fluctuating between $2.84 and $2.97, according to CoinGecko and TradingView’s latest market statistics.
The $2.73 level has emerged as key support. Analyst Hype Dyor warned that a break below $2.73 might trigger a fall toward $2.33 (Coinpaper). Resistance is at the 20-day EMA (~$3.04). RSI remains neutral.
Source: Hype Dyor
Should XRP break above the descending-triangle’s downtrend line, it could swiftly move toward $3.40, a known liquidity zone; sustained strength above that might even retest the all-time high near $3.65.
What’s Next
The Gemini XRP rewards card marks a stride toward mainstream crypto utility, turning everyday spending into XRP accumulation. Near-term direction depends on whether XRP holds $2.73 support. A break lower risks $2.33, while reclaiming resistance could drive rallies toward $3.40–$3.65.
Summary
Brad Garlinghouse revealed the Gemini XRP rewards card, offering up to 4% back in XRP, as the token trades near $2.91. Technicals highlight $2.73 support as pivotal: holding it keeps upside alive toward $3.40–$3.65, while breaking risks $2.33. Community reactions range from hype to caution, but the launch reinforces XRP’s push into real-world utility.
