OP Mainnet captures 29% of crypto card spending, led by ether.fi Cash migration
OP Mainnet captures 29% of crypto card spending, led by ether.fi Cash migration
馃彟 OP Mainnet's quiet takeover
OP Mainnet now processes 29% of all crypto card transactions, with ether.fi Cash accounting for the majority of this volume.
The platform migrated to OP Mainnet in April, citing infrastructure advantages:
- $0.00001 median transaction fees
- Sub-250ms finality with Flashblocks
- 99.99% uptime year to date
- 20M gas/second maximum throughput
The move reflects a broader trend of applications choosing OP Mainnet for cost-effective, high-performance operations. MetaMask Agent Wallet also recently launched with OP Mainnet support, enabling AI agents to execute multiple transactions without significant cost overhead.
Agents on OP Mainnet are having a moment. MetaMask Agent Wallet launched with OP Mainnet support, giving agents a new way to transact on the network. With a median transaction fee of $0.00001, execution costs stay low even when strategies require dozens of transactions.
Your agent finally gets its own wallet. MetaMask Agent Wallet is now live for everyone.
About 29% of crypto card spend settles on OP Mainnet, and most of it is @ether_fi Cash. In their words, migrating in April was about "providing the best possible service to our users": $0.00001 median fees, sub-250ms finality, 99.99% uptime.
In early 2024, crypto card spending was concentrated in a single chain: Gnosis, home of Gnosis Pay (the first Visa card connected directly to a self-custodial wallet). As new card programs have launched, the number of card settlement chains has expanded. As of July, Optimism
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