Polygon Flips Ethereum in Daily Fees as Polymarket Oscar Betting Hits $15M

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

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

Activity on Polymarket has exploded, and prediction markets are all of a sudden turning into critical income engines.

What Is Driving the Fee Flip?

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

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

Compared to 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 day by day charges earlier than the hole tightened once more, with each chains buying and selling blows inside a slender vary.

The purpose is sensible. Cost. Polygon transactions common round $0.0026. On Ethereum, you’re looking at roughly $1.68. If you might be putting a number of small bets or making fast strikes, that distinction issues. So much.

Lower charges imply extra quantity. More quantity means extra income. It is that easy.

At the identical time, Ethereum is coping with its personal narrative strain after giant whale movements added volatility considerations. So whereas Ethereum stays dominant structurally, Polygon is proving that client pushed exercise can shift income flows shortly.

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