Crypto
Kalshi outpaces rivals as sports boom drives 42-fold growth in a year
Prediction market platform Kalshi has posted a record-high trading volume, riding explosive growth in sports markets and diverging from rival Polymarket. Over the past week, Kalshi processed $3.4 billion in volume, up 42-fold from a year earlier. Sports accounted for $3.0 billion, or 88 percent, led by NBA playoffs markets. Polymarket’s weekly volume was smaller but more balanced, with strength in politics and crypto.
