CZ’s YZi ramps up prediction market bet as Opinion claims 40% share
Overview
The YZi Labs-backed prediction market known as “Opinion” has achieved significant traction shortly after its launch, recording notable weekly trading volume. This milestone highlights the growing interest in prediction markets within the crypto space.
What Happened?
The prediction market platform “Opinion” has logged $1.5 billion in weekly trading volume. This impressive figure comes just weeks after the platform’s launch. Notably, “Opinion” has outperformed other established prediction markets, such as Kalshi and Polymarket, indicating a robust demand for its offerings. The rapid growth of “Opinion” is a clear sign of the expanding market for prediction platforms, which allow users to speculate on various outcomes.
Impact on the crypto market
- The significant trading volume of “Opinion” suggests a rising interest in prediction markets among crypto users.
- The performance of “Opinion” relative to competitors indicates a competitive landscape within the prediction market sector.
- The rapid rise of prediction markets could influence the development of new financial products and services in the crypto space.
- The success of “Opinion” may encourage further investment and innovation in prediction market technology.
- Increased participation in prediction markets could lead to greater market liquidity and engagement in the crypto ecosystem.
Updated: 12/4/2025, 11:23:24 AM
