Polygon Surpasses Solana in USDC Transaction Activity with 28 Million Weekly Transactions

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Polygon’s USDC transaction volume reached 28 million in the latest weekly market report, surpassing Solana’s 22 million. USDC transfers totaled 103 million, accounting for a 46% market share. Polygon’s total dollar-denominated stablecoin transactions rose to 32.6 million, a 67% increase, trailing Solana by 600,000. Stablecoin transfers reached 120 million, surpassing BNB. Other updates include joining the Enterprise Ethereum Alliance, planning USDC tax refunds at Italian airports for the 2026 Winter Olympics, and proposing PIP 82 to reclaim gas fees.

Odaily Planet Daily report: Data analyst Peter posted on X that last week, stablecoin data on the Polygon network showed significant performance. Polygon’s USDC weekly trading volume reached 28 million transactions, setting a new weekly high and surpassing Solana’s 22 million to become the most active USDC chain within its ecosystem. USDC transfers totaled 103 million times, setting a weekly record and accounting for 46% of the market share.

In terms of USD stablecoins, Polygon recorded 32.6 million transactions, a 67% increase, trailing only Solana by 600,000 transactions. Polygon processed 120 million USD stablecoin transfers, surpassing BNB for the first time. In payment transfers, the number of transactions in January approached 2 million. Additionally, Polygon’s x402 weekly native transfer volume reached $1.2 million with 358,000 transactions, ranking first across all chains.

In other developments, Polygon has joined the Enterprise Ethereum Alliance; Polygon will provide USDC tax refund services at Milan, Rome, and Venice airports during the 2026 Winter Olympics; and Polygon has proposed PIP 82, aiming to recover up to $1 million in gas base fees via PIP 65 to support agent commercial activities.

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