Polygon earned more in daily transaction fees than Ethereum, reaching over $407k per day.
The increase in fees was largely driven by activity on Polymarket, a blockchain-based prediction market on the Polygon network.
Polygon, a blockchain network built to scale Ethereum, has recorded higher daily transaction fee revenue than Ethereum for the first time ever, according to data from Token Terminal. The figures show that on Friday, Polygon earned $407.121K in transaction fees, while Ethereum generated $211.790K in the same 24‑hour period, marking a notable shift in network activity.
(Source: Token Terminal)
Over the following day, the trend continued until Sunday with a record of $303.9923K volume. On the latest close, Polygon’s daily transaction fees slightly slipped to $186.508k compared with about $262.710k on Ethereum.
Analysts and blockchain data observers attribute the surge in Polygon’s fee revenue mainly to heavy usage of Polymarket, a prediction market pl
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