#密码资产动态追踪 Your information feed should have already shown — the prediction market's single-day trading volume hitting a record high of $701.7 million. This is not just a numerical jump; it’s more like a concentrated release of the entire market sentiment.

As someone who has been tracking on-chain data long-term, I want to be honest: this surge is no coincidence.

Most people are still watching candlestick charts, but the real opportunities are often hidden in the details of on-chain activity. Specifically: Kalshi alone contributed $460 million in trading volume, and Polymarket’s sports prediction accounts for up to 55%. The logic behind this is straightforward — real users and funds are flowing in, and the driving force isn’t virtual concepts but actual events (like NFL playoffs, World Cup). This indicates that crypto applications are shifting from “speculative tools” to “practical scenarios.”

Once a trend starts, it’s hard to reverse. Since August last year, it has been growing exponentially, and now mainstream platforms are competing to integrate such features. The giants’ instincts are always the sharpest, and every step they take now is laying the groundwork for the next wave of large-scale applications.

My view is very direct: the popularity of prediction markets essentially reflects the shift in the crypto ecosystem from “pure speculative finance” to “driven by real applications.” When on-chain activity is driven by real events, producing sustained and massive trading volume, the underlying logic and capacity of the entire market are undergoing a qualitative change. This makes me more confident about future developments.

The bull market is not just supported by ETF and halving stories; it also requires this solid application demand as a foundation. Moving forward, I will focus on prediction platform-related tracks, the oracle opportunities brought by data demand explosions, and public chains that can benefit from this traffic dividend.

Ultimately, the market rewards those who are the first to perceive the trend. The data is here, the logic makes sense, and now it’s up to time to verify. $ETH