Prediction Markets Close Gap With Solana Memecoins as Trading Volume Shifts Toward ‘Truth Capital’
The post Prediction Markets Close Gap With Solana Memecoins as Trading Volume Shifts Toward ‘Truth Capital’ appeared on BitcoinEthereumNews.com.
Key Insights: Prediction markets represented 55% of weekly trading activity of Solana memecoins between Sept. 22-28. Kalshi dominated with $854.7 million in weekly volume, surpassing its November 2024 US election week peak. Solana memecoins registered $2.8 billion in trading volume, the smallest since early September 2024. Prediction markets registered $1.54 billion in trading volume between Sept. 22 and 28, narrowing the gap with Solana memecoins. The four leading prediction market platforms captured 55% of the weekly trading activity compared to memecoins on Solana, according to data shared by X user MovieTime on Sept. 29. Solana memecoins registered $2.8 billion in trading volume for the same period, the smallest volume since early September 2024, according to Blockworks data. Solana Memecoins In Focus as Prediction Markets Grow Amid the Solana memecoins hype, Kalshi dominated weekly volumes with $854.7 million, its all-time high in weekly volume, according to data from DefiLlama. The figure surpassed the previous peak of $750 million seen during the US election week of Nov. 4 and 10. Kalshi’s Weekly Trading Volume Since Nov. 4 | Source: DefiLlama Data from DefiLlama showed that Polymarket registered $355.6 million in weekly volume, the second-best week since the last week of December 2024, bested only by the previous week of Sept. 15 and 21. Together, Polymarket and Kalshi accounted for 78.6% of the prediction market’s weekly trading volume. MovieTime assessed the movement: “Truth capital markets. More capital in these markets makes it more accurate. When we get more volume, then we get bigger players. Which causes more volume. positive feedback loop. I think prediction markets are here to stay.” Starting the week of Sept. 29 to Oct. 5, prediction markets generated more volume Solana memecoins on Sept. 29, according to data shared by Kalshi’s growth team member, ultra. Solana Memecoins Activity since January…
Filed under: News - @ October 1, 2025 9:20 am