Solana’s DeFi vertical has witnessed significant growth in the last month.Solana’s TVL is at its highest level since October 2022.The chain’s DEX trading volume recently touched its year-to-date high.Solana’s [$SOL ] decentralized finance (DeFi) ecosystem has experienced a surge of activity in the past two months, with its total value locked (TVL) reaching its highest point since the year began, according to data from DeFiLlama.At press time, Solana’s TVL was $1.30 billion. The last time the network’s TVL was this high was in October 2022.For context, as of 1st January, the network’s TVL was a mere $210 million, showing that Solana’s TVL has witnessed a year-to-date (YTD) growth of 519%. Over the past month alone, Solana’s DeFi vertical has witnessed an impressive 130% growth. This is in tandem with the network-wide growth that the Layer 1 (L1) blockchain network has seen within that period.Leading DeFi protocols on Solana, such as Marinade Finance, Jito, and Marginfi, have witnessed respective TVL growths of 87%, 55%, and 165% in the last 30 days.Solana aims to close the year with a bangThe month so far has seen a remarkable uptick in the demand for the network. An assessment of the chain’s network activity revealed that its daily count of active addresses climbed to a YTD high of 1.26 million on 17th December. While this has seen a slight retracement, Solana’s daily active address count has increased by 157% since the beginning of the month.When a network’s user count increases, it sees a corresponding transaction increment. On Solana, the total number of transactions registered on-chain daily has gone up by 23% since 1st December.As for the decentralized exchanges (DEXes) on Solana, the trade volume executed through them touched a YTD high of 2.61 billion on 22nd December, according to data from Artemis.This marked a whopping 17,000% in DEX trading volume on Solana so far this year. As a result of the increased activity on Solana in the last 30 days, monthly fees generated from users currently sit at its highest since the year began. According to data from Token Terminal, so far this month, Solana’s transaction fees have totaled $3.7 million.The monthly revenue derived from the same has also been at its highest since January. With a week left till the close of the 2023 trading year, the network has seen a monthly revenue of $1.9 million.#Sol #SolanaGems #Solana.blockchain #solanaphone #sol

Revolutionizing Web3 Adoption in Emerging Markets with the JamboPhone

In the rapidly evolving world of Web3, Jambo is a company that's making waves by promoting financial inclusion and driving adoption in emerging markets. With a focus on providing access to Web3 technologies and blockchain services, Jambo has launched a range of initiatives, including a $99 smartphone called the JamboPhone.

In this article, we'll delve into the world of Jambo, exploring their mission, partnerships, and the features of the JamboPhone.
Jambo's Mission
Jambo's primary mission is to enhance access to Web3 technologies and drive adoption in emerging markets. They believe that Web3 technologies have the potential to unlock financial freedom and provide opportunities for people in these regions. By partnering with various companies and launching the JamboPhone, Jambo aims to bridge the gap between Web3 technologies and emerging markets.
Partnerships and Collaborations
Jambo has partnered with several prominent companies in the Web3 space, including:
* Solana: A fast and scalable blockchain platform
* Tether: A leading stablecoin issuer
* OKX: A popular cryptocurrency exchange
* OverProtocol: A decentralized finance (DeFi) platform
* Aptos: A blockchain platform focused on scalability and usability
* Injective: A decentralized exchange (DEX) and DeFi platform
* Galxe: A blockchain-based identity verification platform
These partnerships enable Jambo to provide users with a comprehensive suite of Web3 services, including access to decentralized finance, gaming, and identity verification.
The JamboPhone 2

The JamboPhone is a Web3 mobile phone that comes with the JamboApp, a gateway to the Jambo universe.

The phone allows users to earn rewards, discover new experiences, and immerse themselves in a decentralized ecosystem.
The JamboPhone is an Android 13 smartphone that is available in over 128 countries for just $99.
Some of the key features of the JamboPhone include:

* Pre-installed apps, including:
+ JamboApp: A gateway to the Jambo universe, allowing users to earn rewards and discover new experiences
+ JamboWallet: A digital wallet for managing digital assets securely and seamlessly
+ Sentz, YellowCard, and other Web3 apps
Gaming and Entertainment
Jambo has also partnered with gaming companies to deliver mobile gaming experiences to users in emerging markets. The JamboPhone comes with a range of pre-installed games, allowing users to access a world of entertainment and fun.
Conclusion
Jambo is a company that's making a significant impact in the Web3 space, promoting financial inclusion and driving adoption in emerging markets. With the launch of the JamboPhone, they're providing users with a unique Web3 experience that combines access to decentralized finance, gaming, and identity verification. The JamboPhone is an affordable smartphone that offers a range of features and pre-installed apps, making it an attractive option for those looking to explore the world of Web3.
Recommendation
If you're interested in exploring the world of Web3 and want a affordable smartphone that offers a unique experience, the JamboPhone is definitely worth considering. With its range of pre-installed apps and features, it's an excellent option for those new to Web3 or looking to upgrade their mobile experience.

#JamboPhone #Jambo #solanaphone #SolanaSagaPhones #JamboPhone2

The price of Saga, the Solana mobile phone, is more than $5,000 on the popular e-commerce platform eBay, as the move to earn BONK airdrop fuels a mind-blowing surge in price.
Read more on: https://thecryptobasic.com/2023/12/18/solana-mobile-phone-sold-at-a-premium-price-of-5000-on-bonk-hysteria/
#SolanaSagaPhones #solanaphone #CryptmasGiveaway #CryptoNews🔒📰🚫

- Solana surpasses BNB to claim the 4th spot in crypto market cap.
- Solana's market cap surges by 21.5% in the past week, overtaking BNB.
- Pre-order sellouts of Solana phones likely boosted its price.
- Pyth DAO's on-chain approval and advancing maturity may also be factors behind Solana's rise.
In the grand scheme of the crypto landscape, the recent surge in Solana's value juxtaposed with Binance's regulatory hurdles implies a potential for Solana to maintain its lead over BNB.
Emerging from the prolonged downturn that characterized much of 2021 and parts of 2022 and 2023, the cryptocurrency market appears to be on an upward trajectory once more.
Bitcoin's ascent beyond the $50,000 threshold on February 5 has reignited optimism among traders and investors, signaling a resurgence in market activity.
Yet, amidst Bitcoin's resurgence, Solana has emerged as a formidable contender, outperforming many of its competitors.
On February 12, SOL solidified its dominance by surpassing BNB, Binance's native cryptocurrency, to claim the fourth position in terms of market capitalization, as reported by CoinMarketCap.
As of February 14, SOL boasts a market cap of approximately $50.8 billion, surpassing BNB's $49.5 billion.
This recent achievement is underscored by SOL's impressive 21.5% surge over the past week, with the coin trading at $116 at the time of reporting.
In contrast, BNB has seen a more modest 9% increase over the same period, with a price of $331 per coin.
The recent price surge of SOL can be attributed, in part, to the Pyth DAO's on-chain approval on February 6, signifying a significant milestone for the Pyth Network's maturity and decentralization.
Furthermore, the successful launch of the new Solana mobile phone has bolstered SOL's popularity, with the Solana Chapter 2 device surpassing 100,000 preorders within 30 days of its launch.
Looking ahead, despite the ongoing competition for the fourth spot, both SOL and BNB remain prominent players in the cryptocurrency market.
With the crypto market poised for further recovery and expansion, both currencies have the potential for continued upward momentum.
Currently trading at $115, Solana shows resilience, maintaining its position above the 50-day moving average and aiming for the $125 high achieved on December 25 of the previous year.
Given the regulatory challenges facing Binance, Solana appears poised to maintain its lead over BNB for the foreseeable future.
As Solana sets its sights on surpassing Tether's USDT, currently ranked third with a market cap of approximately $96 billion, achieving its all-time high or rallying by another 55.74% seems plausible.
Disclaimer: While Voice of Crypto strives to provide accurate and timely information, readers are urged to conduct their own research and exercise caution due to the highly volatile nature of cryptocurrencies.

#solana #SolanaSagaPhones #SolanSAGA #BNB #solanaphone
$SOL

In the midst of the BONK meme coin frenzy, Solana Saga phones, initially overshadowed by lackluster sales, have become unexpected stars on the resale market, with one device reportedly fetching a staggering $5,000 on eBay.
According to completed listings, the Solana Saga phones, which were initially priced lower, are now consistently reselling for over $2,000.
The surge in demand reached new heights on Saturday when two phones exchanged hands for an impressive $5,000 each.
Saga phone listing. Source: Ebay
On Sunday, another phone commanded a price of $3,361.
Interestingly, these sales were completed by sellers who already possessed the device, while others are waiting for their phones to ship.
Saga phone listing. Source: Ebay
The sudden surge in popularity can be attributed to an arbitrage opportunity noticed by traders.
Originally, each Saga phone purchase included a generous airdrop of 30 million BONK tokens, a hot meme coin built on the Solana blockchain.
As the value of BONK has escalated, surpassing the initial cost of the phone itself, a fervor for the Solana Saga phones ensued.
At the time of writing on Monday, the price of the BONK meme coin was up an impressive 68% for the past seven days, and up close to 640% on a 30-day basis, trading at $ 0.00001987.
The coin is ranked as number 55 on CoinGecko’s ranking of the most valuable cryptocurrencies.
30-day BONK price chart. Source: CoinGecko
Beyond the getting access to the BONK airdrop, the Saga phone also offers additional perks, including a complimentary month of access to Helium Mobile and a free toy.
Moreover, the phone’s decentralized app (dApp) Store boasts apps that reward Saga holders with exclusive benefits and rewards, further enhancing its appeal.
$BONK $SOL #BONK #solanaphone