Polymarket Installs Jump 1,200% as Crypto Loses $150B – Are Crypto Traders Done With Tokens?
Yahoo Finance·2026-01-26 16:32
Crypto traders are abandoning token speculation in favour of prediction markets following a brutal $150 billion altcoin crash, with platforms like Polymarket seeing app installs surge from 30,000 to over 400,000 between January and December 2025, according to Bloomberg. Source: Bloomberg Weekly trading volume across prediction platforms, including Polymarket and Kalshi, exploded from $500 million in June to nearly $6 billion in January, data from Dune shows, while crypto exchange downloads collapsed by m ...