Prediction markets exceed $20 billion monthly volume

Prediction markets have surged past $20 billion in monthly trading volume, a significant leap from $1.2 billion in early 2025, according to TRM Labs. This growth is largely driven by geopolitical events, macroeconomic trends, and political developments, which now constitute the majority of trading activity. Previously, crypto-native markets dominated these platforms, but the focus has shifted dramatically. The number of unique wallets participating monthly has also tripled to over 800,000, indicating a substantial increase in user engagement and the broadening appeal of these markets beyond cryptocurrency speculation.