The Coinbase-backed payment protocol, x402, has experienced a notable increase in transactions, attributed to a resurgence in user activity and on-chain interest. According to Dune Analytics data, total transactions reached 932,440 in the week ending October 20, 2025. This surge marks one of the busiest weeks for x402 in recent months. From May to mid-October 2025, x402 recorded steady but subdued transaction levels, which began to rise significantly in late October, indicating a shift in user behavior.
Rising On-Chain Activity
Beyond the overall increase in x402 transactions, Dune's data reveals a broader upward trend this month. In early May, the protocol saw only six active buyers and sellers making 47 trades. This number doubled within a week, with transactions climbing to 158. By late May, activity further accelerated, reaching 433 transactions involving 15 buyers and 20 sellers. In early June, participation grew again, with 39 buyers completing 246 trades.
The most significant turning point occurred during the week of October 20, when activity spiked sharply. More than 61,290 buyers and over 372 sellers participated in transactions. This substantial increase suggests a growing number of individuals are actively utilizing the blockchain, likely driven by increasing interest in AI-based payment systems.
The AI Payments Revolution
Popular X user Cygaar highlighted the power of x402, stating, "This is why x402 is so powerful: it simplifies and standardizes payments for AI agents." He explained that, unlike traditional payment systems which can be slow and unreliable, x402 facilitates instant and secure crypto transactions without requiring trust between parties.
This is why x402 is so powerful: it simplifies and standardizes payments for AI agents.
— cygaar (@0xCygaar) October 26, 2025
Traditional payment rails are slow, have chargeback risks, and require manual intervention to work.
Instead, x402 leverages crypto to enable AI agents and API providers to trustlessly settle… pic.twitter.com/JLZcjcGXrS
BNB Chain also commented on X, noting that traditional online payments frequently encounter delays, high fees, and dependency on intermediaries. The post elaborated that x402 introduces an agent-to-agent model that supports direct stablecoin transactions, enabling faster settlements and reducing human involvement in processing.
Furthermore, Web3 developer Niels explained the complementary roles of x402 and Brevis. He stated that while x402 has addressed payment solutions, Brevis is focused on verification using zero-knowledge proofs. "x402 built the payment rails. Brevis is building the proof rails," Niels observed.
Everyone’s hyped about x402: AI agents paying each other in real time.
— Niels (@Web3Niels) October 27, 2025
But @brevis_zk is the piece that makes it trustworthy.
Payments are solved. Verification isn’t.
When one AI agent pays another for something critical, like a medical diagnosis or model inference, how does it…
This surge in activity underscores a significant shift in blockchain utilization. x402 is demonstrating the capability of AI systems to manage payments securely and efficiently, signaling advancements toward more transparent and automated digital transactions.