Polygon briefly tops Ethereum in daily fees as Polymarket activity surges

Polygon briefly surpassed Ethereum in daily transaction fees amid a surge in activity on prediction market Polymarket, highlighting shifting user demand toward Layer-2 networks ^[1][3].

Token Terminal data reported Polygon generated roughly $407,100 in fees versus Ethereum’s $211,700 on the day — the first recorded instance of Polygon exceeding Ethereum on daily fees — and outlets noted these figures represent 24‑hour totals rather than average transaction costs or protocol revenue ^[2][3].

Coverage emphasized the surge was driven by Polymarket’s explosive user activity and that the outperformance was a short‑term event, with daily transaction fees for Polygon crossing the $300,000 level during the spike ^[1][4].

Observers framed the episode as evidence of growing on‑chain demand for Layer‑2 networks, driven in this case by concentrated activity on a single application, Polymarket ^[1][2].