Solana to Get Prediction Markets Lift, Say Crypto Experts

  • Solana is already one of the most used cryptocurrencies in the prediction market ecosystem.
  • Prediction markets seen lifting Solana blockchain revenue.
  • Growth of event contract platforms could boost Solana user growth.

Solana’s long-term outlook is highly tethered to prediction markets with expansion of the latter seen as pivotal in bringing new users to the cryptocurrency’s ecosystem.

Kalshi Solana
The Solana logo. Prediction markets could boost the digital currency in 2026. (Image: CoinMarketCap)

Data indicate the rapid 2025 expansion of prediction markets was integral in boosting usage of Solana blockchains with some experts forecasting a sequel to that movie in 2026.

Solana dominated all major blockchain networks by revenue in 2025. It is projected to repeat the same feat in 2026, driven by emerging trends such as prediction markets,” reports CoinMarketCap.

Prediction market-related expectations for the seventh-largest digital currency by market value arrive amid an increasing intersection between the cryptocurrency and event contracts industries. For example, cryptocurrency brokers Coinbase Global (NASDAQ: COIN), Crypto.com, and Gemini Space Station (NASDAQ: GEMI) are operating prediction markets with Kraken slated to join the fray next year.

Solana Could Be Dominant Crypto in Prediction Markets

Solana is already present in the prediction markets space in significant fashion as both Kalshi and Polymarket allow clients to fund accounts with that cryptocurrency. It’s a more efficient avenue for opening accounts on those platforms than traditional wire transfers.

Some experts see the Solana/prediction markets relationship growing anew in 2026. Helius Labs CEO and Solana investor Mert Mumtaz recently said the digital asset will be the best chain for prediction markets by mid year (2026) and it won’t be close.”

Indeed, the Solana/prediction markets union is growing. As just one recent example, Phantom, a marquee Solana wallet and trading platform, rolled out an eponymous prediction markets offering earlier this month. Through a partnership with Kalshi, Phantom users can access event contracts directly from their wallets on the company’s mobile application. Deals like that could spur Solana use cases and, potentially, its price.

“This will bring more users to Solana, and its effect will be like SOL’s run-up to an all-time high when President Trump launched his meme coin on the network,” adds CoinMarketCap.

Solana Natural Fit for Prediction Market Users

As many retail participants in prediction markets and sports bettors know, Solana may well be an ideal fit for event contracts. Solana is widely known for being the cryptocurrency on which many memecoins are based, meaning traders most have Solana wallets in order to transact in the highly speculative coins based on internet memes, politics, and pop culture.

The network process 2,749 transactions per second, has 50 million monthly active addresses and processes more than 3.5 billion transactions per month. It also has partnerships with established financial services giants, including Franklin Templeton, PayPal, and Visa, cementing its credibility and utility.

The digital currency is also familiar to some sports bettors because some figures with ties to the industry, including David Portnoy and “Hawk Tuah Girl” Hailey Welch, have launched memecoins.

Todd Shriber
Todd Shriber Financial Reporter

Todd Shriber is a senior news reporter covering gaming financials, casino business, stocks, and mergers and acquisitions for Casino.org.

Todd got his start in financial markets as a reporter with Bloomberg News. Later, he became a trader at a Southern California-based long/short hedge fund, where he specialized in the trading sector and international ETFs leading up to and during the financial crisis. He joined Casino.org in 2019.

Currently, Todd analyzes, researches, and writes on ETFs for various web-based publications and financial services firms. Shriber has been featured and quoted in Barron's, CNBC.com, and The Wall Street Journal. His work can also be found on Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and Nasdaq.com.

He currently resides in Las Vegas, where he enjoys golf and taking his black lab to the dog park. He's also an avid sports fan and likes to wager on college football and the NBA. You can also find him at the three-card poker and roulette table, even though he knows better.

Contact Todd at todd.shriber@casino.org.

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