Polygon Flips Ethereum in Each day Charges as Polymarket Oscar Betting Hits $15M

Polygon simply pulled off one thing nobody noticed coming. It flipped Ethereum in each day transaction charges. For the primary time ever.

On Friday alone, Polygon introduced in about $407,100 in charges. Ethereum? Round $211,700. That’s nearly double.

Exercise on Polymarket has exploded, and prediction markets are immediately turning into critical income engines.

Key Takeaways

• Polygon generated $407,100 in each day charges, surpassing Ethereum’s $211,700 for the primary time.
• Polymarket drove the surge with $15 million wagered on a single Oscars betting class.
• The platform accounted for over $1 million in generated charges on the Layer 2 community in simply seven days.

What Is Driving the Payment Flip?

The reason being easy, Polymarket. Oscars pulled in critical retail movement, with greater than $15 million wagered on a single class over the weekend.

Polygon didn’t climb the payment charts by chance. Virtually the entire current progress got here from Polymarket exercise, which generated over $1 million in community charges in only a week.

In comparison with Polymarket, the subsequent largest app on Polygon barely made a dent.

Polygon vs Ethereum: The Numbers Behind the Shift

Over the weekend, Polygon briefly pulled forward in each day charges earlier than the hole tightened once more, with each chains buying and selling blows inside a slender vary.

The reason being sensible. Price. Polygon transactions common round $0.0026. On Ethereum, you’re looking at roughly $1.68. In case you are inserting a number of small bets or making fast strikes, that distinction issues. Loads.

Decrease charges imply extra quantity. Extra quantity means extra income. It’s that straightforward.

On the identical time, Ethereum is coping with its personal narrative stress after massive whale actions added volatility considerations. So whereas Ethereum stays dominant structurally, Polygon is proving that client pushed exercise can shift income flows rapidly.

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