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Solana leads with 70% market share in x402 micropayment transactions despite overall volume drop

Protocol Fundamentals
15 Sep 2026
Crypto Briefing
View Source
Bullish
Solana leads with 70% market share in x402 micropayment transactions despite overall volume drop

Solana has become the dominant blockchain for x402, a micropayment protocol enabling AI agents to pay for APIs using USDC. As of August 2026, Solana processed about 70% of monthly x402 transactions, totaling $24.24 million in volume over 30 days. This dominance is notable given the overall decline in x402 activity since 2025. Solana surpassed Coinbase's Base network in daily x402 transactions in August, highlighting its growing role in AI-driven micropayments. However, transaction volume estimates vary widely, suggesting some measurement challenges or non-organic activity.

Solana trades at Rp1.782.047 on Pluang as of Sep 15, 2026 20:32 WIB, with a slight 0.27% decrease in the last day. Its market cap stands at Rp1.049 trillion, and 24-hour trading volume reaches Rp53.29 trillion. The asset shows balanced order activity, with equal buying and selling interest and a typical hold time of 69 days on Pluang.

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