Coinbase’s x402 Protocol Sees Massive Surge in Transactions Amidst AI Payments Boom

A surge in transactions for Coinbase-backed payment protocol ‘x402’ has marked a significant turning point. Data from Dune Analytics reveals an increase of over 932,000 transactions in the week ending October 20th, 2025, indicating user activity and on-chain interest rebounding after a period of subdued trading. This recent surge coincides with growing adoption of AI-powered payments systems, reflecting a broader shift towards faster, secure, and automated transactions. Experts suggest this increase in activity signals a positive trend towards the integration of blockchain technology into the payment infrastructure for AI agents.