On Polygon, the weekly USDC trading volume reached 28 million transactions, surpassing Solana to become the most active USDC chain.

SOL-4,78%
BNB-2,51%
ETH-4,3%

Odaily Planet Daily reports that data analyst Peter posted on X platform that last week, Polygon network stablecoin data performed significantly. Polygon’s USDC weekly trading volume reached 28 million transactions, setting a new weekly high and surpassing Solana’s 22 million transactions, making it the most active USDC chain in the ecosystem. USDC transfer counts reached 103 million, a weekly record, accounting for 46% of the market share.

Among all USD stablecoins, Polygon recorded 32.6 million transactions, a 67% increase, trailing only Solana’s 600,000 transactions. Polygon processed 120 million USD stablecoin transfers, surpassing BNB for the first time. In payment transfers, the number of transfers in January approached 2 million. Additionally, Polygon’s x402 weekly native transfer volume reached $1.2 million, with a transaction volume of 358,000, ranking first across all chains.

Other developments include Polygon joining the Enterprise Ethereum Alliance; Polygon will provide USDC tax refund services at Milan, Rome, and Venice airports during the 2026 Winter Olympics; Polygon proposed PIP 82, planning to recover up to $1 million in Gas base fees through PIP 65 to support agency commercial activities.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Solana Reclaims $90 as Golden Cross Signals Renewed Momentum

Solana has surpassed the $90 resistance, aided by a golden cross indicating positive momentum, despite low trading volume. Strong on-chain growth supports price stability, and sustained support above $89.50 could push Solana towards $96, though higher volume is crucial for confirming a breakout.

CryptoNewsLand1h ago

Solana Activity Surges Past Rivals as SOL Price Lags Below $100

Key Insights Solana processes over 100 million daily transactions and $650 billion in monthly stablecoin volume, outpacing major blockchain networks in activity metrics. Institutional demand strengthens as spot Solana ETFs attract up to $1.5 billion in inflows, with growing participation

CryptoFrontNews2h ago

Bitcoin, Ethereum, and Solana ETFs Report Mixed Flow Data on March 26

Gate News bot message, according to the March 26 update, Bitcoin ETFs recorded a 1-day net inflow of +86 BTC (+$5.92M), while showing a 7-day net outflow of -898 BTC (-$61.97M). Ethereum ETFs experienced a 1-day net outflow of -4,439 ETH (-$9.17M) and a 7-day net outflow of -121,318 ETH (-$250.64M).

GateNews6h ago
Comment
0/400
No comments