A recent Messari report reveals significant growth in prediction markets, with Polymarket's trading volume skyrocketing 3,268% from $62 million in May 2024 to $2.1 billion in October. The report suggests that enhancing accessibility, user experience, and incorporating gamified social features could attract more retail speculators, further boosting the sector's expansion. Platforms such as Flipr are utilizing existing liquidity to improve trading experiences, while major exchanges like Hyperliquid and Coinbase are also venturing into the prediction market space.