Prediction market volume has reached a record high of $702 million, despite recent scrutiny. According to reports, Kalshi dominated trading volumes on Monday, making up two-thirds of the total. The development highlights growing interest in prediction markets, where users can bet on the outcomes of future events. These markets have gained traction in the crypto space, offering a unique way to speculate and gain insights on various topics.

Prediction market volume has reached a record high of $702 million, despite recent scrutiny. According to reports, Kalshi dominated trading volumes on Monday, making up two-thirds of the total. The development highlights growing interest in prediction markets, where users can bet on the outcomes of future events. These markets have gained traction in the crypto space, offering a unique way to speculate and gain insights on various topics.