diff --git a/backend/app/cache/redis_client.py b/backend/app/cache/redis_client.py
new file mode 100644
index 00000000..a78b19c0
--- /dev/null
+++ b/backend/app/cache/redis_client.py
@@ -0,0 +1,77 @@
+import redis
+import threading
+import logging
+from redis.exceptions import RedisError
+from backend.app.core.config import settings
+
+logger = logging.getLogger(__name__)
+
+class RedisClient:
+    _instance = None
+    _lock = threading.Lock()
+
+    def __new__(cls):
+        if cls._instance is None:
+            with cls._lock:
+                if cls._instance is None:
+                    cls._instance = super(RedisClient, cls).__new__(cls)
+                    cls._instance.client = cls._instance._initialize_redis_client()
+        return cls._instance
+
+    def _initialize_redis_client(self):
+        try:
+            client = redis.Redis(
+                host=settings.REDIS_HOST,
+                port=settings.REDIS_PORT,
+                db=settings.REDIS_DB,
+                password=settings.REDIS_PASSWORD,
+                decode_responses=True
+            )
+            client.ping()
+        except RedisError:
+            logger.warning("Redis unavailable, caching disabled", exc_info=True)
+            return None
+        else:
+            return client
+
+    def set_cache(self, key: str, value: str, ttl: int = 3600):
+        """
+        Sets a key-value pair in Redis cache with an optional time-to-live (TTL).
+        :param key: The key to store the value under.
+        :param value: The value to store.
+        :param ttl: Time-to-live in seconds. Defaults to 1 hour.
+        """
+        if not self.client:
+            return
+        try:
+            self.client.setex(key, ttl, value)
+        except RedisError:
+            logger.warning("Error setting cache for key %s", key, exc_info=True)
+
+    def get_cache(self, key: str):
+        """
+        Retrieves a value from Redis cache.
+        :param key: The key to retrieve the value for.
+        :return: The value associated with the key, or None if not found or an error occurs.
+        """
+        if not self.client:
+            return None
+        try:
+            return self.client.get(key)
+        except RedisError:
+            logger.warning("Error getting cache for key %s", key, exc_info=True)
+        return None
+
+    def delete_cache(self, key: str):
+        """
+        Deletes a key-value pair from Redis cache.
+        :param key: The key to delete.
+        """
+        if not self.client:
+            return
+        try:
+            self.client.delete(key)
+        except RedisError:
+            logger.warning("Error deleting cache for key %s", key, exc_info=True)
+
+redis_client = RedisClient()
diff --git a/backend/app/core/config.py b/backend/app/core/config.py
index b7a6827c..4d77f243 100644
--- a/backend/app/core/config.py
+++ b/backend/app/core/config.py
@@ -12,6 +12,10 @@ class Settings(BaseSettings):
     TWITTER_API_KEY: str = ""
     REDDIT_API_KEY: str = ""
     NEWS_API_KEY: str = ""
+    REDIS_HOST: str = "localhost"
+    REDIS_PORT: int = 6379
+    REDIS_DB: int = 0
+    REDIS_PASSWORD: str | None = None
     USER_AGENT: str = "ChainReport-API/1.0 (https://lumintelanalytics.com)"
     REQUEST_DELAY_SECONDS: float = 1.0
     MAX_RETRIES: int = 5
diff --git a/requirements.txt b/requirements.txt
index dfe69738..9e8765ae 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -13,4 +13,5 @@ asyncpg==0.30.0
 tenacity==9.1.2
 textblob==0.19.0
 requests==2.32.5
-beautifulsoup4==4.14.2
\ No newline at end of file
+beautifulsoup4==4.14.2
+redis==7.1.0