Prediction market daily volume hits record high of $814M

Daily trading volume in major prediction markets has surpassed $814 million, setting a new all-time high, The Block reported. The outlet noted that this marks the sixth consecutive month of growth and that the monthly record is also poised to be broken. So far this month, cumulative volume has reached approximately $10.5 billion, nearing the $11.5 billion recorded last December. The Block added that barring any sudden market changes, it is highly likely that this month's volume will set a new record.