Kalshi partnered with Solana to migrate its prediction market on-chain.
TL;DR
Kalshi partners with Solana to move its prediction market on-chain, enabling permissionless monetization and tokenizing markets to attract crypto users and boost liquidity, intensifying competition with Polymarket on Polygon.
Tags
According to ChainCatcher, prediction market platform Kalshi has partnered with Solana to migrate its prediction market on-chain and enable permissionless monetization of its global liquidity pools.
Kalshi plans to tokenize its thousands of prediction markets to attract crypto-native users and enhance liquidity. This move further intensifies the competition between Kalshi and Polymarket, which is natively deployed on Polygon. The competition is becoming increasingly fierce as both platforms continue to grow their user base and trading volume.
.