Crypto Markets and Polymarket Moves on Election Eve
While the election results may impact the short-term trend of digital assets, the industry will remain on a path for sustained, long-term growth as market uncertainty fades.

While the election results may impact the short-term trend of digital assets, the industry will remain on a path for sustained, long-term growth as market uncertainty fades.
Prediction markets like Polymarket have emerged as traditional polling methods and mainstream media face increasing skepticism due to concerns about bias and lack of transparency.
In the interview, Domer talked about his professional background, the framework for predictive market trading, and trading psychology.
As long as you are a crypto player, you have probably heard of the myths of Pump.fun and Polymarket.
The crypto market is known for its huge volatility, and prediction markets allow users to participate in the prediction of the outcomes of major events in a more stake-based way. This chart summarizes the prediction events with large trading volumes for investors to more accurately grasp the current market context.
As the crypto industry moves into the consumer application phase, Polymarket’s success in temporarily replacing existing prediction markets is significant.
Polymarket’s recent success is almost entirely a result of the election.
ParaFi Capital, the largest investor in prediction markets, said first-time users are mostly participating in markets not related to the election.
The prediction market is an open market where anyone who knows about future outcomes can contribute their knowledge in the form of bets.
As the expectations of $ETH ETF passing heat up, the market’s attention is gradually returning to the EVM ecosystem. As the largest prediction market on the chain, Polymarket has attracted much attention because of whether $ETH ETF can pass smoothly.