A few weeks ago, x402 was crypto's main character. And now? Pulled the data from @Dune's @hashed_official dashboard so the numbers tell a clear story ↓ 1️⃣ GROWTH The Numbers: • Nov 2-3: 3M transactions/day (peak) • Late Nov: Stable at 1-2M daily • Total volume: ~$600K-2M per day 2️⃣ FACILITATORS Market Share Evolution: • Early Oct: Dexter 100% • Late Oct: PayAI, DayDreams capture 40-50% on some days • Late Nov: Dexter ~40-50%, DayDreams ~20-30%, 15+ others split the rest 3️⃣ CHAINS The Breakdown: • @base: 37.2M transactions (95%) • @solana: 1.4M (3.8%) • Everyone else: <300K (rounding error) But Solana's Late Move: • Mid-Nov: 10K daily • Nov 21: 250K daily (25x in 10 days) 4️⃣ TOKENS The USDC Story: • EVM chains: 98.6% USDC • Solana: 96.5% USDC • Everything else (ETH, SOL, USDT): <2% 5️⃣ TRANSACTION SIZE Average Payment: • EVM: ~$0.90-1.00 • Solana: ~$0.60 6️⃣ BOTTOM LINE x402 in 2 months: • 40M+ total transactions • 1-2M daily (stable) • 95% on Base • 98.6% USDC • $0.60-1.00 avg payment • 15+ facilitators competing The landscape is clear: x402 is becoming the payment layer for AI agents.

Stacy Muur
@stacy_muur
10-28
x402 Alignment map: Key players to watch ↓ The x402 protocol experienced a 10,780% surge in transactions over one week in October 2025, processing nearly 500,000 payments. Before x402: • AI agents needed API keys (security risk) • Subscription models (inefficient for
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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