Kalshi, a U.S.-regulated prediction market, has achieved a significant milestone by surpassing Polymarket with a monthly trading volume of $1.3 billion. This surge in trading activity is largely attributed to Kalshi's regulatory clarity and its substantial access to the U.S. market, which have bolstered investor confidence and institutional backing. The development underscores a pivotal shift in the decentralized betting landscape, emphasizing the critical role of regulatory approval in attracting investment. Experts believe Kalshi's regulatory status could set a new benchmark for prediction markets, potentially shaping future regulatory frameworks and investment trends.