Dexter Surpasses Coinbase as Largest Daily Facilitator for x402 Transactions
- Market Leadership: Since December 11, Dexter has facilitated over 19.8 million daily transactions, surpassing Coinbase and establishing itself as the leading facilitator for x402 transactions, which underscores its strong growth momentum in the rapidly evolving payment protocol space.
- Market Share Shift: Coinbase's market share has fallen to 25% to 33% of daily transactions, while Dexter's share rose to 30.7%, indicating Dexter's success in attracting users and transactions, which could have long-term implications for Coinbase's market position.
- Surge in Transaction Volume: Since October, daily x402 transaction volumes have skyrocketed from negligible levels to over 2 million, with some days approaching 3 million, reflecting the protocol's widespread acceptance and the sharp increase in market demand.
- Diverse Participation: In addition to Dexter and Coinbase, PayAI and DayDreams account for 20% to 30% of the market share, indicating that a diversified ecosystem around the x402 protocol is forming, enhancing market competitiveness and innovation potential.
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Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI) As of , Sleepless AI (AI) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00937 | 0.0149 | 0.0201 | 0.0256 | 0.0308 | 0.0363 | 0.0415 |
| Fibonacci | 0.0149 | 0.019 | 0.0215 | 0.0256 | 0.0297 | 0.0322 | 0.0363 |
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