Prediction markets, which have gained recognition because of international curiosity within the 2024 US presidential election, proceed to extend their cryptocurrency integrations.
At this level, Kalshi, the preferred prediction market platform, can also be accelerating its cryptocurrency integrations.
Kalshi, a US CFTC-regulated prediction platform, built-in Solana (SOL) assist in Could, permitting customers to fund their accounts with USDC and different crypto property, enabling a seamless transition from conventional finance to blockchain.
Talking at a Solana occasion, John Wang, head of cryptocurrency at Kalshi, defined why they selected Solana.
John Wang stated Solana was perfect for Kalshi’s high-volume occasion contract buying and selling wants, highlighting Solana’s high-performance and low-cost buying and selling capabilities.
Wang emphasised that integrating Solana into the platform was vital resolution for Kalshi, saying:
“Integrating Solana (SOL) was positively a choice that needed to be made.
Solana is virtually the most important consumer-focused blockchain and has all of the foundations wanted for person enter, corresponding to pockets infrastructure and knowledge.
The developer setting and assist has improved tremendously in comparison with the previous.
Due to this fact, Kalshi plans to additional collaborate with Solana to encourage the emergence of recent prediction markets and assist the developer bounty program.”
*This isn’t funding recommendation.
