The x402 payment protocol, a new innovation on the Base blockchain, is rapidly gaining traction by integrating crypto payments directly into web requests. This protocol, inspired by the HTTP 402 code, facilitates automatic USDC payments without the need for accounts or intermediaries. Despite not having a native token, the x402 ecosystem has witnessed significant activity, with tokens such as PAYAI, UB, and VPAY experiencing substantial gains. PAYAI alone has surged over 500% within a week.
According to data from Messari, the cumulative trading volume for these tokens has exceeded $1 million, representing a nearly 2,000% increase in just a few days. This surge highlights the growing interest and adoption of the x402 protocol within the crypto community.
x402 Payment Protocol Drives 2,000% Surge in Token Volumes on Base
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