Polymarket Hits Record 314.5K Active Traders in December 2024 with $9B Trading Volume

Quick Summary:

Polymarket, a leading decentralized prediction market platform, closed 2024 on a high note with a record-breaking 314,500 active traders in December.

According to data from The Block, the platform also surpassed $9 billion in cumulative trading volume, marking a significant milestone in the Web3 prediction market space.

The 79% probability reflects users’ optimism about regulatory approval, highlighting Solana’s increasing relevance in the crypto ecosystem and the SEC’s shifting stance on crypto ETFs.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Polymarket Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-04 @ 13:03:12 (2 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 393 words

Reading Time: 3 minutes read

Sentences: 30 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 24887408

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 12 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 12 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

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