As per Bijing.com, Ethereum founder Vitalik Buterin has expressed optimism about prediction markets as tools for 'truth-seeking.' Following key partnerships with Intercontinental Exchange (ICE) and X, decentralized platform Polymarket recorded a daily trading volume of $179 million. However, Polymarket remains banned in the U.S., allowing Kalshi to capture 73% of the market share. Polymarket is working to resolve regulatory issues and plans to re-enter the U.S. market, with its upcoming POLY token and Layer-2 migration expected to aid its market recovery.
Ethereum Founder Vitalik Buterin Backs Prediction Markets as 'Truth-Seeking' Tools
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Summary
Ethereum news highlights Vitalik Buterin’s support for prediction markets as 'truth-seeking' tools. Polymarket, after teaming up with ICE and X, hit $179 million in daily volume. The U.S. ban favors Kalshi, which holds 73% of the market. Polymarket aims to return with a POLY token and Layer-2 upgrades. Price prediction tools remain key for traders tracking market shifts.
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