2026-02-26 06:06:59

After reviewing Polymarket's recent on-chain data

I think the most noteworthy point is:
User numbers increased by nearly 50% in two months
As of October 2025, Polymarket's monthly active users are approximately 478,000.
By February 2026, this number reached 688,000 — a new all-time high, up 44% in two months.
There is currently no evidence to suggest these are just "wool" users, and in the bearish crypto market environment, I don't believe "wool" users can grow so rapidly.
One inference is that by the end of 2025, the CFTC will approve Polymarket to return to the US market, with an official reopening in January 2026. US users, who have been banned for nearly three years, will finally be able to trade legally, and a large influx of new wallets will flood in during the first month.
During the harshest winter of crypto, I still believe Polymarket is very likely to become the biggest airdrop in 2026.

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