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.
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
Circle Mints 500M USDC on Solana in Two Transactions
Gate News message, April 24 — Circle, the stablecoin issuer, just minted 500 million USDC on the Solana blockchain, according to on-chain data.
The minting was completed in two separate transactions, each involving 250 million USDC.
GateNews1h ago
GSR Debuts BESO ETF With Bitcoin, Ethereum, Solana
GSR debuts BESO ETF with active strategy, adjusting Bitcoin, Ether, and Solana allocations weekly to outperform benchmarks.
ETF records nearly $5M in first-day volume, signaling early investor interest in diversified crypto investment products.
Launch aligns with growing ETF momentum as
CryptoFrontNews3h ago
OSL Group Partners with Circle to Expand USDC Access Across Trading and Payment Platforms
Gate News message, April 24 — OSL Group (HKEX: 863), a global stablecoin payment and trading platform, announced a partnership with an affiliate of Circle Internet Group, Inc. (NYSE: CRCL) on April 22 to expand USDC access across its payment and trading platforms.
Through OSL Global, users can conv
GateNews4h ago
Solana Spot ETFs Record $7.33M Net Inflows on April 23
Gate News message, April 24 — Solana spot ETFs posted net inflows of $7.33 million yesterday (April 23), according to SoSoValue data.
Bitwise Solana Staking ETF (BSOL) led inflows with $6.20 million, bringing its cumulative net inflows to $825 million. VanEck Solana ETF (VSOL) added $1.13 million i
GateNews16h ago
XRP Expands to Solana as wXRP Drives DeFi Access
Key Insights
Wrapped XRP on Solana surpasses 834,000 tokens, enabling new DeFi access while strengthening cross-chain liquidity and expanding XRP utility beyond its native ledger.
Ethereum and Solana dominate DeFi activity, while XRP Ledger trails significantly, driving the need for
CryptoNewsLand23h ago
XRP Expands to Solana as wXRP Drives DeFi Access
Key Insights
Wrapped XRP on Solana surpasses 834,000 tokens, enabling new DeFi access while strengthening cross-chain liquidity and expanding XRP utility beyond its native ledger.
Ethereum and Solana dominate DeFi activity, while XRP Ledger trails significantly, driving the need for
CryptoNewsLand23h ago
