Prediction Platforms Boom — Polymarket & Kalshi Lead the Pack

[bonk]

Trading activity in prediction markets has skyrocketed this year, with Polymarket and Kalshi far ahead of all competitors.

Data shows Kalshi hit ~$4.4B in trading volume in October, while Polymarket followed closely with over $3B. Smaller platforms like SX, BetSwirl, and Azuro trail far behind.

The US relaunch could push Polymarket to new highs — and some investors say the company may jump to a $15B valuation if it continues expanding at its current pace.

Prediction markets are no longer niche — they’re becoming mainstream financial tools.

[Abdul Khan]

Prediction markets are becoming mainstream as user demand grows.

[Nahid Hossen]

Polymarket and Kalshi dominating early shows strong momentum.