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I just noticed that Polygon has recently surpassed Ethereum in daily transaction fees, which is quite surprising. According to data, last weekend, Polygon accumulated about $407,100 in fees, while Ethereum was only around $211,700. The next day, that number decreased, but Polygon still remained ahead with $303,000 compared to Ethereum's $285,000.
The main reason is Polymarket — a prediction market platform on Polygon — has been very active lately. I saw that Polymarket alone generated over $1 million in fees on the network last week. Bets on major events like the Oscars have exceeded $15 million, showing the platform's strong appeal.
Another interesting point is that USDC transaction volume on Polygon also surged. Recently, the network hit a new high with 28 million USDC transactions in a week. Polymarket uses USDC based on Polygon for transactions, so the recent activity there is driving the entire network's growth. It seems Polygon is effectively leveraging this opportunity from the prediction market boom.