Polymarket, the popular prediction platform, has announced its launch on Solana, now allowing users to make SOL deposits.
Previously, the platform primarily operated on the Polygon network and required deposits to be made in USDC stable coins. With this new integration, users can deposit SOL directly, making transactions more seamless for those in the Solana ecosystem.
This move is likely aimed at boosting activity on Polymarket, which gained significant traction during the U.S. presidential election. While the platform reached an impressive 450,000 monthly active traders earlier this year, activity has dipped slightly in recent months.
By enabling SOL deposits, Polymarket is tapping into Solana’s growing popularity—SOL is currently the sixth-largest cryptocurrency by market cap, just ahead of USDC.
Whether you're a seasoned trader or new to the world of blockchain predictions, this update makes it easier than ever to participate in Polymarket’s diverse range of markets.
