Polygon Flips Ethereum in Every day Charges 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? Round $211,700. That’s nearly double.

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

Key Takeaways

• Polygon generated $407,100 in day by 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 Charge Flip?

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

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

In comparison with Polymarket, the following greatest 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 slim vary.

The reason being sensible. Value. Polygon transactions common round $0.0026. On Ethereum, you’re looking at roughly $1.68. If you’re inserting a number of small bets or making fast strikes, that distinction issues. So much.

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 issues. So whereas Ethereum stays dominant structurally, Polygon is proving that client pushed exercise can shift income flows rapidly.

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