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I've noticed that Kalshi has really taken control of the crypto prediction market in the United States right now. They control 89% of the sector, which is huge. It's crazy to see how one player can dominate like that when it comes to crypto predictions.
What’s interesting is that it shows how regulated trading is really starting to take hold in the crypto prediction space. Before, it was much more fragmented, but now Kalshi has clearly found the right formula with the legal and regulated approach.
The crypto prediction market had long remained in a gray area, but now we see serious players with licenses really making a move. This is a major change for the entire crypto prediction industry in the United States. It shows that users are beginning to prefer regulated platforms over less transparent alternatives.