Prediction markets are experiencing a significant surge, with $190 million processed through 72,000 wallets in just 24 hours, marking a major shift in the crypto landscape. Platforms like Polymarket have seen daily active wallets reach 72,000, with 580,000 matched orders per day, surpassing many Layer 2 decentralized exchanges. Over the past week, these markets have maintained a daily volume of $120 million, highlighting their growing influence.
The accuracy of predictions has improved dramatically, with final-hour resolutions reaching 95.2% accuracy. This shift is drawing attention away from traditional token trading, as users seek probability curves over technical analysis. As prediction markets continue to grow, they are poised to become a primary liquidity sink, potentially challenging centralized exchanges for volume dominance.
Prediction Markets Surge with $190M Daily Volume, Transforming Crypto Landscape
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