Kalshi partners with Solana, is the prediction market sector going to heat up?

[Block Rhythm] At the beginning of December, an interesting piece of news came out - the prediction market player Kalshi is moving its market on-chain, and its partner is Solana.

They plan to tokenize all those “thousands” of prediction markets in hand, with a clear goal: to attract the native inhabitants of the crypto space and conveniently boost liquidity. The official statement is to create a “global liquidity pool,” and it is of the permissionless kind, which sounds quite ambitious.

This move is actually somewhat aimed at Polymarket. The latter has been performing quite well on Polygon, and now Kalshi is also going to make efforts on-chain. Both platforms are seeing increases in user numbers and trading volumes, so the battlefield for prediction markets is likely to get even more lively. The technical routes are different, with one betting on Solana's high performance and the other deeply cultivating the Polygon ecosystem; it’s hard to say how things will play out.