Polygon daily fees surpass Ethereum's, driven by Polymarket surge

Polygon has surpassed Ethereum in daily transaction fees for the past three days, Cointelegraph reported. According to data from Token Terminal, Polygon recorded $407,100 in fees on Feb. 13, exceeding Ethereum's $211,700 and marking the first time it has overtaken the leading blockchain in this metric. The gap narrowed on Feb. 14, with Polygon generating approximately $303,000 in fees compared to Ethereum's $285,000. Matthias Seidl, co-founder of the Ethereum analytics platform growthepie, stated that the recent increase in Polygon's activity was "entirely driven by Polymarket." Data shared by Seidl showed that Polymarket generated over $1 million in fees on Polygon in the last seven days, far surpassing other applications on the Layer 2 network.