Polymarket’s just made a move that’s got everyone in the crypto world talking. They’ve integrated Solana into their prediction market platform, allowing users to deposit using SOL.
Development
With Solana’s speed and low fees, Polymarket’s wanting to cut costs and boost user experience, something that’s been missing from platforms stuck on Ethereum’s pricey network. Now, you might be wondering why this matters.
Starting today, you can now make deposits into your Polymarket wallet using Solana.https://t.co/3sBK0ai3VU
— Polymarket (@Polymarket) March 24, 2025
Well, Polymarket’s been on fire lately, especially with political betting during the U.S. presidential race last year.
They hit 450,000 monthly active traders in January, but since then, things have cooled off a bit. This Solana integration is their play to reignite the spark and attract more users beyond just stablecoin fans.
Wisdom of the crowd?
Many say Polymarket’s not just about betting, but it’s about better accuracy. They’ve been spot-on with predictions, outperforming traditional polling methods by a landslide.
In fact, they’re correct about 90% of the time when predicting events a month out, and 94% accurate in the final hours before an event settles.
And if you’re thinking about the future, Polymarket users are placing their bets on a big one, a Solana ETF approval in 2025.
They’re giving it a 78% chance, which is pretty optimistic considering the SEC’s been a bit of a wild card lately.
But hey, with the momentum from Ethereum ETF approvals and Solana’s growing ecosystem, maybe this isn’t just a pipe dream.
The competition never ends
So, Polymarket’s making moves to stay ahead of the game. They’re expanding their reach, improving user experience, and predicting big things for Solana.
Whether you’re a seasoned trader or just starting out, this is a story you don’t wanna miss. And if you’re smart, you’ll be keepin’ an eye on this space
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