The prediction market has reached a weekly volume of $2 billion.

Although some states in the US, such as Texas and New York, still face regulatory challenges, trading volume on leading platforms like Polymarket, Kalshi, Limitless, and Myriad has already exceeded $2 billion per week.

Analysts draw parallels between the current state of the prediction market and the early stages of decentralized finance (DeFi) development.

They claim that by 2035, the prediction market could reach $95.5 billion with an average annual growth rate of 47%.