Solana handles 74% of x402 transactions but data gaps cloud the full picture

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An independent analysis of a public x402 service directory, conducted on September 9, 2026, examined all 680 listed services and 90 days of transaction data to map where payments actually settle. Of the 172 services with measurable 30-day volume, Solana recorded 36,320 transactions compared to Base's 27,213, giving it roughly 74% of all counted transactions despite having fewer active services. However, the directory's measurement tools cannot track 148 of the 236 services that declare Solana support, meaning the true transaction share could shift significantly in either direction. The overall x402 economy remains modest, with measured 30-day volume totaling approximately $2,624 across all rails, or around $87 per day. Polygon stood out for higher per-transaction values at roughly $0.72, while Arbitrum had 40 service declarations but zero recorded settlements in the measured period.

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