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Predicted Record Growth in Market by 2025, Midterm Elections in 2026 Key Test

Summary: According to reports, the prediction market is expected to experience its largest year in history in 2025, with Polymarket and Kalshi emerging as industry leaders amidst a surge in capital inflow, increased media attention, and valuations in the billions of dollars. As the 2026 US midterm elections approach, the market widely views this event as ...

According to reports, the prediction market is expected to experience its largest year in history in 2025, with Polymarket and Kalshi emerging as industry leaders amidst a surge in capital inflow, increased media attention, and valuations in the billions of dollars. As the 2026 US midterm elections approach, the market widely views this event as a significant trading opportunity similar to the 2024 presidential election, but both companies will also face a key test of proving their predictive value in a scaled scenario. The report points out that despite rapid growth in trading volume and user attention, the industry still faces controversies such as the authenticity of trading volume, limited revenue scale, and unclear regulatory boundaries. Meanwhile, large platforms like Robinhood and Coinbase have entered the prediction market field, further expanding user coverage, but new contract forms like sports betting and event markets have also raised potential regulatory and market manipulation risks. (The Block)

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