TREE NEWS reports: Coinbase’s x402 payment protocol recorded about 138.5 million transactions on the Base blockchain by the end of Q3 2026, up from 58,800 in Q3 2025. 15. The surge comes as crypto networks and payment teams build infrastructure for AI agents to pay for services on-chain, with Pharos Network outlining an Agent Native roadmap that targets end-to-end agent workflows by 2028.
x402 Payment Protocol Hits 138.5M Transactions on Base in Q3 2026
AI take
The scale of the x402 jump matters less than what it implies: agent-to-agent payments are moving from experiment to recurring on-chain volume, and Base is capturing that flow. This affects payment teams and networks positioning for machine-driven commerce, where the competitive question becomes which chains and protocols become the default settlement layer for AI agents. Pharos's roadmap shows the race is now about full workflows, not just transactions. Whether x402 volume sustains as more agent infrastructure ships, and whether it broadens beyond a single chain, is the open question.
Generated by AI for reference only.
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