On September 4th, fresh signals emerged in the payment network space, with digital payment services now integrated into the Mesh network, allowing users to directly leverage their exchange balances for purchases or account top-ups without the need to transfer assets beforehand.

OEXN noted that the sustainability of this phase shift hinges on whether participation breadth expands in tandem. The network currently connects over 300 wallets, exchanges, and financial services, while merchants gain the ability to configure programmable settlement methods tailored to different markets.

From OEXN's perspective, supply-demand dynamics, costs, and liquidity are inherently interlinked, meaning any shift in one component could prompt the market to reassess valuations. Observing the payment network can be broken down into three layers: scale, frequency, and participation structure. Without the reinforcement of usage frequency and widespread participation, the impact of scale expansion often fails to endure over the long term.

The next phase will shift toward continuous data validation. OEXN assesses that only when demand remains stable, execution runs smoothly, and risk indicators stay under control can the current changes establish a more durable foundation; otherwise, the market may revert to its previous trajectory.