As reported by TheMarketPeriodical, prediction market platform Kalshi recorded $5.8 billion in spot volume for November, surpassing Polymarket’s $3.7 billion. Kalshi is now launching tokenized contracts on the Solana blockchain to attract crypto users and increase liquidity. The platform is also facing legal challenges over its sports betting contracts, with lawsuits from states and Native American tribes. Kalshi’s volume growth has been driven in part by its presence in the U.S. and partnership with Robinhood. The company recently raised $1 billion in a funding round, valuing it at $11 billion.
Kalshi Launches Contracts on Solana as Spot Volume Hits $5.8 Billion ATH
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