From December last year to January this year, the popularity of crypto-native payment cards has significantly increased. Data shows that the number of daily transactions has directly risen to nearly 60,000, a 22-fold increase compared to before. The daily transaction amount also fluctuates around $4 million.
The market landscape looks like this: Etherfi performs the best, accounting for almost half of the transaction volume. But this slice of the pie is far from exclusive to it. Gnosis, MetaMask, Solayer, and other participants also hold their own positions, indicating that the payment card sector is attracting more and more players. Many projects are also using DeFi protocols to optimize user experience, making the market gradually more interesting.
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AlphaLeaker
· 12h ago
22x increase? Etherfi is so strong, the remaining players are going to be wiped out...
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zkProofGremlin
· 12h ago
It's already 22 times higher. Payment cards are indeed gaining popularity, but the fact that Etherfi has taken half of the market share is still quite shocking.
MetaMask and Gnosis are also competing, indicating that this sector isn't dominated by a single player. It should be more interesting this month.
Really? A daily trading volume of 4 million dollars. Is this genuine demand or just arbitrage armies moving in?
Is the widespread adoption of payment cards really happening? It still feels a bit like a ceiling.
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GasGuzzler
· 12h ago
These numbers are unbelievable, 22 times? Is it real... But Etherfi dominating alone still feels a bit uncomfortable.
Finally, someone is entering the payment card track; it was really too cold before.
4 million USD a day, sounds like a lot but still just a little brother.
Big players like MetaMask are also involved, indicating real potential in this area.
Etherfi has taken half, how will the remaining players survive? Competition will definitely heat up.
DeFi experience optimization? Please first bring down the gas fees before talking.
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WenMoon42
· 13h ago
22x growth is truly outrageous. Etherfi is being a bit greedy by eating such a big slice of the cake. Other projects need to quickly find a breakthrough.
From December last year to January this year, the popularity of crypto-native payment cards has significantly increased. Data shows that the number of daily transactions has directly risen to nearly 60,000, a 22-fold increase compared to before. The daily transaction amount also fluctuates around $4 million.
The market landscape looks like this: Etherfi performs the best, accounting for almost half of the transaction volume. But this slice of the pie is far from exclusive to it. Gnosis, MetaMask, Solayer, and other participants also hold their own positions, indicating that the payment card sector is attracting more and more players. Many projects are also using DeFi protocols to optimize user experience, making the market gradually more interesting.