Odaily Planet Daily report: Data shows that the total trading volume of prediction markets reached $25.7 billion in March 2026, a 10.6% month-over-month increase, with trading activity highly concentrated among small retail users. Among the 1.29 million wallets tracked in the first quarter, 82.3% of users traded amounts below $10,000, with growth primarily driven by micro, light, and moderately active user groups. The market as a whole exhibits a structural characteristic of “high participation frequency, low per-trade volume.”
Cryptocurrency assets are the primary entry point for prediction markets, accounting for 39.6% of micro-user activity. Bitcoin-related event contracts attracted approximately 593,000 users and generated $5.42 billion in trading volume during the first quarter, becoming the most engaged cryptocurrency prediction market; Ethereum and Solana recorded trading volumes of $1.19 billion and $420 million, respectively.
From a category perspective, the sports market leads with $10.1 billion in trading volume, followed by the political market at $5 billion, of which geopolitical-related markets account for $2.41 billion. Overall, crypto-related markets reached a total trading volume of $7.3 billion.
Analysis suggests that market growth is primarily driven by category expansion rather than increased transaction size per user. Micro-users are active for an average of 2.5 days and participate in 1.45 categories, while medium users show increased activity at 9.9 days and 2.34 categories, indicating a shift from single-speculation to sustained participation across multiple markets. (The Block)