Bitget App
Trade smarter
The number of weekly transactions under the x402 agreement increased by 492.63% month-on-month.

The number of weekly transactions under the x402 agreement increased by 492.63% month-on-month.

CointimeCointime2025/10/25 03:36
By:Cointime

according to Dune data, the number of transactions in the x402 protocol increased by 492.63% compared to last week, reaching 156,492 transactions, setting a new historical high.

x402 is an open-source payment protocol launched by Coinbase in early 2025, implementing a blockchain-independent micro-payment system based on the HTTP 402 status code. The protocol is specifically designed for AI agents and autonomous payments, supporting instant settlement using stablecoins such as USDC, without the need for account registration, subscription, or complex signature processes.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

You may also like

Polymarket's 25% Fake Volume Poses a Risk to the Trustworthiness of Prediction Markets

- Columbia researchers found 25% of Polymarket's trading volume is artificially inflated via wash trading, peaking at 60% in December 2024. - The study attributes this to Polymarket's fee-free model and pseudonymous wallets enabling linked accounts to manipulate volume metrics. - Sports markets showed 45% artificial activity, raising concerns about prediction markets' reliability as public sentiment indicators. - Polymarket's planned U.S. re-entry under CFTC regulation faces scrutiny amid claims that 48% o

Bitget-RWA2025/11/07 15:40
Polymarket's 25% Fake Volume Poses a Risk to the Trustworthiness of Prediction Markets

Zcash Latest Updates: ZEC Reaches Highest Level in 7 Years as $18.8M Gets Liquidated, Yet Derivatives Indicate Weakness

- Zcash (ZEC) surged to a $586 seven-year high, driven by institutional interest and 30.41% shielded pool adoption. - $18.8M in ZEC perpetual futures liquidations highlight market volatility, with a $14.5M short loss on Hyperliquid. - Derivatives data shows $713M open interest and $30.27M long liquidation risks, signaling fragile bullish momentum. - Analysts warn of potential correction below $450 despite strong privacy-driven adoption and spot wallet inflows.

Bitget-RWA2025/11/07 15:40
Zcash Latest Updates: ZEC Reaches Highest Level in 7 Years as $18.8M Gets Liquidated, Yet Derivatives Indicate Weakness

BTC breaks $102,000

Cointime2025/11/07 15:36

Bitcoin News Today: Bitcoin’s $106K Floor Turns Into Key Battle Zone Between Bulls and Bears Amid Diverging Derivatives

- Bitcoin fluctuates near $100K as price drops 2.7% in 24 hours, with 14% decline from its $126K all-time high. - Derivatives data shows 62.6% higher trading volume but falling open interest, signaling short-term uncertainty and position closures. - Binance's CVD indicator drops to 0.777 from 0.91, suggesting waning demand from large traders despite stable BTC prices. - Technical indicators highlight $106K support and $111K resistance, with risks of stagnation if CVD falls below 0.70. - Institutional deman

Bitget-RWA2025/11/07 15:18