The Golden Age of Prediction Markets: Polymarket Rages, Kalshi Arrives From the 2024 US Presidential Election to the 2025 AI boom and sports events, prediction markets are exploding. Polymarket's trading volume surged over 300% during the election, with the on-chain "collective intelligence" pricing capability gaining unprecedented attention. According to Polymarket Analytics data, the cumulative trading volume of leading on-chain prediction markets has surpassed $1 billion, with nearly 30,000 markets created, covering diverse topics like politics, technology, sports, and crypto. Why now? On-chain prediction markets are more transparent, secure, and censorship-resistant than traditional platforms. Coupled with loosening US regulations, players like Coinbase and Kalshi are actively entering the space. These markets are attracting more users and capital, evolving beyond mere entertainment betting to become a new tool for information verification: when users put real money in, the...
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