The Evolution of Prediction Markets: From 'Casino' Label to Mainstream News Tracking
The prediction market landscape is undergoing a significant transformation, shifting from sporadic, event-driven bets to platforms characterized by daily user interaction, according to a joint report by Bitget Wallet and Polymarket. In March, Polymarket's trading volume reached $25.7 billion, but the report highlights a more profound behavioral change. An analysis of 1.29 million wallets in the f…