Gemini Overtakes Coinbase in App Store Rankings Following XRP Mastercard Launch

Gemini has climbed past Coinbase in the U.S. Apple App Store’s finance category after unveiling a new XRP-rewards Mastercard in collaboration with Ripple Labs.

According to data from Sensor Tower, Gemini ranked 16th in the finance category as of publication, while Coinbase sat in 20th place. The development marks a major leap for Gemini, which was positioned at 117 earlier this month. Coinbase, by comparison, has consistently ranked higher and maintains a significantly larger share of global trading activity.

Coinbase currently handles over $4.5 billion in daily trading volume, ranking third among cryptocurrency exchanges. Gemini, in contrast, records around $382 million in daily volume and ranks 24th globally, according to CoinMarketCap. Despite the disparity, the launch of the XRP Mastercard appears to have boosted Gemini’s visibility and user acquisition.

The card offers crypto rewards in XRP, underscoring the growing trend of digital assets being integrated into mainstream financial products. App Store rankings are influenced by factors such as downloads, retention, reviews, and performance, suggesting Gemini’s partnership has driven a surge in new sign-ups and engagement.

The milestone comes shortly after Gemini filed for an initial public offering with the U.S. Securities and Exchange Commission. The exchange plans to list its Class A common stock on the Nasdaq Global Select Market under the ticker symbol GEMI, with the IPO managed by a consortium of leading investment banks.

The combination of the credit card launch, rising app store momentum, and upcoming IPO highlights Gemini’s push to expand its footprint in a market still dominated by larger players such as Coinbase.