#SocialFi - Web3Africa

X Money Beta Testing: From Tweet to Mobile Banking Reality

KenMichaelsMay 28, 2025July 29, 202608 mins

Elon Musk has officially confirmed the commencement of the X Money beta testing phase for his ambitious global payment platform. In Brief X Money beta testing positions Musk’s platform to merge social media with crypto-friendly banking, rivaling PayPal and Venmo. Securing 41 U.S. licenses underscores X Money’s regulatory groundwork for global peer-to-peer and crypto transactions….

Solana dApp Revenue Dominance Signals New DeFi Era

KenMichaelsMay 16, 2025May 17, 202509 mins

Decentralized applications are the future of tech with ecosystems competing for which provide better tools, lower gas fees, and broader ecosystems. However, in an unexpected twist, Solana dApp revenue outpacing the reigning king, Ethereum, by commanding over 50% of total dApp revenue. Key Takeaways Solana dApp revenue now captures 50% of global decentralized income, driven…