x402 volume is starting to pick back up to Q4/2025 level

Key driver to the increase is $VIRTUAL

Majority of the demand (99%+) comes from agent-to-agent services from Virtuals ACP (e.g. data queries, swaps, workflows, and inferences)

The increase in volume came 2 weeks after the announcement of $1M monthly incentives supporting productive agents within the ACP network.