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flag Polymarket leads prediction markets with a 47% chance of surpassing Kalshi in 2026 volume, driven by a $2B ICE investment and regulatory progress.

flag As of January 26, 2026, Polymarket leads the prediction market race with a 47% chance of surpassing Kalshi in 2026 trading volume, fueled by a $2 billion ICE investment and regulatory progress including a near-certain CFTC approval for U.S. re-entry. flag While Kalshi holds strong in sports, Polymarket dominates non-sports markets like geopolitics and economics, with $33.4 billion in 2025 volume versus Kalshi’s $43.1 billion, all from sports. flag Prediction markets, now valued at $44 billion with $814 million in daily trading, are increasingly seen as accurate tools for risk management and truth pricing, backed by institutions and integrated into platforms like Robinhood and DraftKings.

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