The Prediction Market Sets Weekly Trading Record Despite Selling Pressure on Crypto

Although the recent sell-off pressure in the crypto market has caused panic selling, prediction platforms are experiencing a historic week as trading volumes surge to all-time highs. According to data from Dune, speculators have eagerly turned to these tools to express their views, creating an interesting picture of market behavior amid widespread bearish sentiment.

Polymarket Dominates with Record Trading Activity

Polymarket continues to assert its leading position in the prediction space with $13.34 million in trades this week, accounting for over 50% of total market activity. The platform recorded a trading volume of $2 billion, a sharp increase of 18.4% compared to the previous week. Kalshi ranks second with 11.88 million trades and a volume of $1.4 billion, up 8.5% week-over-week, while Ideanomics reported 379,300 trades during the same period.

Total Market Activity Reaches 26.39 Million Trades

The combined activity of the three largest prediction platforms resulted in an extraordinary week, with a total of 26.39 million trades. This figure reflects steady growth as investors seek opportunities for profit and risk management despite the volatile broader market environment.

Investors Turn to Prediction Markets Amid Market Volatility

This phenomenon is no coincidence. Although crypto asset prices are falling freely, demand for speculation on prediction platforms remains high, indicating that investors are using these tools to bet on future events and market changes. This is clear evidence that when market sentiment weakens, prediction tools become focal points for speculative activity.