Polygon Daily Fees Double Ethereum as Prediction Markets Surge

Published at 2026-02-17 07:00:14

On Friday Polygon generated $407,000 in daily fees, nearly twice Ethereum’s $211,000, according to on-chain fee data. The jump coincided with a sharp increase in prediction market volume on Polygon, suggesting users are moving certain high-frequency, low-fee activities to Layer 2s to save costs and speed up settlements.

The development matters because fees are a direct revenue signal for chain activity and token sinks tied to burn mechanisms—good news for MATIC holders if sustained. That said, experts caution the surge could be episodic: a concentrated market event can temporarily inflate fee totals. Still, the trend underscores how composable, low-fee environments are attracting new DeFi primitives and shifting some economic activity away from Ethereum (ETH).

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