Coinbase’s x402 Protocol Records 8,000% Transaction Surge Fueled by PING Token Launch

Coinbase’s x402 protocol has experienced a remarkable surge in transactions, soaring over 8,000% following the launch of the new PING token. This explosive growth is a significant milestone for the platform’s developer ecosystem and signals promising potential for broader blockchain adoption. The PING token’s debut marks a pivotal moment for developers using Coinbase’s open-source tools, with its impact on transaction volume and market capitalization likely extending beyond the protocol itself.