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Data: a16z Crypto reveals that the weekly trading volume of the prediction market has hit a record high

MarsBitNews
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Mars Finance News: Data disclosed by a16z crypto shows that the prediction market’s weekly trading volume first reached $10.8 billion, setting a new all-time record. This record-breaking growth has been driven by a combination of multiple global events, including the SpaceX IPO, the U.S.-Iran peace agreement, the NBA Finals, and the World Cup. a16z crypto noted that the prediction market’s size has expanded rapidly over the past year. A year ago, weekly trading volume was about $500 million; even during periods when the market was active, weekly trading volume remained below $1 billion. Since last autumn, trading volume has risen steadily, and this spring it has been stable in the $6 billion to $7 billion range. Even in the current “low-volatility week,” the market size is already significantly above last year’s peak level, indicating that liquidity and participation in prediction markets are continuing to rise structurally.
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