【x402 Agreement Heat Fades, Daily Ecosystem Transaction Volume Plummets 90%】
At the end of October, the x402 agreement garnered significant attention, with not only related tokens soaring but also the number of transactions and transaction volume conducted through the x402 agreement reaching new highs. However, this AI narrative that lasted for half a month is now 'fading,' with daily ecosystem transaction volume dropping 90% from its peak. According to x402scan data, the daily transaction volume of the x402 ecosystem peaked on November 3, reaching $2,840,700, and subsequently, the daily transaction volume has continued to decline, with only $283,600 on November 9. Meanwhile, the number of new websites/services supporting payments through the x402 agreement is also declining, peaking at over 10,000 new additions per day, while after November, it has fallen to less than 2,000 per day.
