Forecast market trading volume hit a record high, reaching approximately $702 million in a single day.

Despite recent regulatory scrutiny, prediction market activity has not slowed, with daily trading volume reaching a record high of approximately $701.7 million (about $702 million) on Monday. Data shows that Kalshi accounted for approximately $465.9 million of this, roughly two-thirds of the total, while competing platforms Polymarket and Opinion contributed a combined $100 million. Prediction markets have remained popular in recent years, becoming one of the fastest-growing infrastructure products in the crypto space, with significant growth in trading volume and adoption expected in 2025. Kalshi is one of the major prediction markets in the US, with traditional sports betting contracts accounting for the majority of its revenue, and the platform has established partnerships with mainstream media. Despite regulatory focus (such as discussions regarding insider trading), prediction markets continue to attract traders and institutions, driving the overall volume to climb. (Cointelegraph)