BETTING BIG ON CRYPTO: POLYMARKET SEES $300 MILLION MONTHLY VOLUME AS PREDICTION MARKETS GAIN TRACTION

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  • Crypto prediction market Polymarket hit a key milestone with $300 million monthly volume. 
  • The new all-time high in crypto betting history comes at a time of peak interest in US Presidential elections. 
  • Polymarket was a use case featured in the Ethereum whitepaper and the crypto betting marketplace took over a decade to turn mainstream. 
  • The crypto betting market is built on Polygon, the native token of the platform erased nearly 2% in value on Sunday. 

Polymarket, a crypto prediction platform built on Polygon has observed the highest volume month in its history, as interest in US Presidential elections and the Olympics peaks. Crypto traders are betting on the 2024 US Presidential election forecast and the Paris Olympics. 


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