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Kalshi's lead puts it at the center of prediction markets' expansion beyond sports, while the August surge gives event contracts a stronger adoption signal.
The fourth consecutive quarter of growth, an 18x year-over-year jump, cements prediction markets as one of the fastest-expanding corners of crypto in 2026.
Quarterly volume jumped 39% from Q1 and 18x year-over-year, making prediction markets one of the fastest-growing on-chain categories of 2026.
Kalshi alone grew 87% MoM to $31.5B, and the World Cup is pulling the second-highest prediction-market month on record after the 2024 US election cycle.
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