As speculative trading in altcoins, DeFi, and meme tokens cools, blockchain-based prediction markets are experiencing exponential growth. Since October 11, interest in traditional crypto tokens has waned, with major exchanges shifting focus to tokenized stocks and TradFi products. However, blockchain's utility is expanding beyond token incentives, with prediction markets leveraging blockchain settlement to achieve significant growth.
In 2024, the prediction market's total trading volume was $2 billion, which skyrocketed to $50 billion in 2025. Projections suggest it could exceed $150 billion by 2026. Currently, 95% of this volume is dominated by three platforms: Kalshi, Polymarket, and Opinion. Opinion, in particular, has rapidly captured a 30% market share within five months, thanks to its diverse prediction themes and blockchain settlement advantages.
Opinion's unique approach includes a wide range of prediction topics, from politics and sports to pre-token launch events and esports. Its token, $OPN, has gained traction across major exchanges like Binance and Coinbase. With the upcoming World Cup, Opinion's strategic position as the only major prediction platform issuing a token could further boost its market influence and reshape the prediction market landscape.
Blockchain Prediction Markets Surge Amidst Crypto Token Lull
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