x402 Tokens Create $180M Market as Ethereum Takes Lead
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Developers are rapidly building around Coinbase’s x402, launching x402-powered tokens and memecoins that have grown into a $180 million market, per CoinGecko.
KuCoin Ventures says these projects are driving a new ecosystem that CoinGecko now tracks separately.
Coinbase engineers note Ethereum is the best fit for HTTP 402, citing its trustless settlement and programmable payments — essential for seamless, AI-driven transactions.