Agentic Payments Cross the Threshold: Inside x402's Path to Meaningful Adoption

Agentic payments on Base crossed 100 million transactions in approximately three quarters, surging from near-zero in Q3 2025 before moderating in early 2026. Much of the growth was driven by meme coin farming activity, while transactions of $1 or more now represent 95% of total volume transferred, up from 49% in early 2025. This analysis previews Chainalysis’s forthcoming report on how digital assets are reshaping the foundations of finance.