Analyst Predicts Surge in Prediction Market Trading Volume

According to Odaily, analyst Patrick Scott shared on the X platform that last month's prediction market trading volume exceeded $13 billion, which is more than triple the volume expected during the peak of the 2024 election. The majority of this trading activity was dominated by platforms such as Polymarket, Kalshi, and OPINION. Binary options have now been applied to areas like political speeches, sports events, and corporate earnings reports, becoming a layer of probability for global events and news.