XRP Declines 3% Despite Gemini-Ripple Credit Card Launch
- XRP fell 3% due to market decline.
- Gemini-Ripple credit card increases XRP utility.
- Institutional sell-offs affected XRP prices.
XRP fell 3% following the Gemini-Ripple credit card launch on August 25–26, 2025, driven by institutional selloffs and a broader market downturn.
The new credit card aims to enhance XRP utility with up to 4% cashback, but immediate market reactions reflect challenging recovery efforts amid volatility.
XRP Declines Amid Gemini-Ripple Credit Card Launch
The cryptocurrency XRP experienced a notable decline of 3% recently. Broader market declines contributed to this drop, despite improved utility from the newly introduced Gemini-Ripple credit card.
Ripple and Gemini collaborated to launch the credit card, aiming to boost XRP adoption. This move faced challenges due to institutional sell-offs impacting XRP’s market performance.
The launch of the Gemini-Ripple credit card did not immediately reverse XRP’s value loss in the market. Broader market challenges further compounded the asset’s decline.
The rising utility from the credit card is aimed at improving XRP’s functional use. However, the overall market downturn affected its efficacy in the short term.
Institutional sell-offs contributed to the recent price movements. The challenge lies in balancing the increased utility from the new credit card with investor sentiment. No direct statements from key leaders were reported.
The Gemini-Ripple initiative could enhance XRP’s real-world application, potentially stabilizing prices long-term. However, market volatility remains a significant barrier, with events like institutional sell-offs historically affecting cryptocurrency values.
“Based on the provided information, there are no direct quotes from executives or leadership of Ripple and Gemini regarding the XRP price changes or the credit card launch during August 25–26, 2025.”
