Trading Activity Reaches New Record High
Prediction markets are starting 2026 strong, even as regulators take a closer look. Trading activity across major platforms jumped to about $702 million in a single day, setting a new record for the sector.
Data from Dune Analytics shows prediction market volume has been climbing fast since late 2025. Kalshi led the surge, handling roughly two thirds of total trades, while Polymarket and Opinion also saw heavy use. The new record beat the previous day’s high, showing that interest is not slowing down.
Prediction markets let users trade on the outcome of real-world events, from elections to economic data. Over the past few months, they have become one of crypto’s fastest-growing use cases.
Industry Investment and Integration
Big crypto companies are paying attention. Platforms like Coinbase and Gemini are exploring integrations, while wallets such as MetaMask are adding access to these markets. This growth has helped push leading prediction market firms into multi-billion dollar valuations.
Regulatory Challenges and Market Response
Despite strong numbers, prediction markets are facing more legal pressure. Recent attention followed a high-profile trade on Polymarket that raised concerns about possible insider information. Lawmakers in several US states are now reviewing whether certain prediction markets should be restricted, especially those linked to politics, sports, or financial assets.
Some states, including New York and New Jersey, have already tried to limit these platforms. In response, operators have pushed back in court. This week, a federal judge paused action against Kalshi in Tennessee, giving the platform temporary relief.
Outside the US, Ukraine blocked access to Polymarket late last year, calling prediction markets a form of gambling. Even with these challenges, trading data shows users are still active, suggesting demand remains strong for now.
Embedded Content
Prediction markets are not slowing down in early 2026.
On Monday, total trading volume reached a new ATH of $700M
Kalshi was the clear leader. It made $460M, Kalshi alone controlled 66.4% of the market, while Polymarket, Opinion, and @trylimitless each held about 14% share.… https://t.co/KB8w4GUbwGpic.twitter.com/zdn51LsbOf
— Jonaso (@Jonasoeth) January 15, 2026