Prediction Market Expands Network Support Amid User Growth
Blockchain-based predictions platform Polymarket has announced support for Solana deposits, citing lower transaction fees and recent user adoption growth across the network. Users can now interact with the platform using Solana-based assets, expanding beyond its traditional Ethereum support.
Polymarket hosts real-money markets on everything from elections to celebrity news and crypto prices. Current active markets include geopolitical predictions and economic data, but more unusual ones—such as the return of Jesus in 2025—also attract user attention.
Despite Legal Troubles, Platform Sees Rising Demand
With over $11 billion in cumulative trading volume and an estimated monthly user base in the hundreds of thousands, Polymarket is one of the largest active blockchain-based prediction markets. However, it has faced significant regulatory scrutiny. The platform is banned in several countries including France, Singapore, and Thailand. In the U.S., Polymarket settled with the CFTC in 2022 and officially prohibits American users.
Despite this, its visibility is rising. CEO Shayne Coplan recently attended the White House Digital Roundtable, hosted by President Trump, suggesting that regulatory attitudes may be softening. Coplan praised the administration’s openness to innovation and collaboration in the crypto space.
