Solana Surges Past Base in x402 Activity and App Revenue

Solana has taken the lead in x402 activity after months of Base dominating the space. According to data from Artemis, there was a significant jump in weekly x402 transactions and volume, with Solana handling the majority of activity.

This is the first time Solana has overtaken Base in both transaction count and volume for x402, which is a payment protocol that lets AI agents and apps use stablecoins for online services.

Solana's app revenue also ranked first in August, with $143 million in earnings accounting for 38% of total on-chain app earnings. This puts Solana ahead of Ethereum, Base, and Hyperliquid L1 in app revenue.