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cryptoJun 9, 2026, 2:55 PM

Onchain Crypto Card Payment Volumes Hit Record $833M in May, Up 180% YoY

Total onchain crypto card payment volumes reached a record $833 million in May 2026, surging 180% year-over-year, with cumulative volumes exceeding $9 billion for the first time.

OPSOL

Onchain crypto card payment volumes hit an all-time high of $833 million in May 2026, according to data cited by The Kobeissi Letter. The figure represents a 180% year-over-year increase, driven by rising adoption of high-performance networks such as Optimism and Solana.

These networks have outperformed the broader crypto market since 2025 and now command a combined ~22% market share in payment-related activity. Key players like Jupiter Spend are accelerating adoption through localized payment options, including QR integration, which has seen month-over-month payment volume growth of over 60%.

Cumulative onchain crypto card payment volumes have now surpassed $9 billion for the first time, underscoring the rapid expansion of onchain adoption in the payments space.

Source: The Kobeissi Letter