Prediction markets on the BNB Chain have seen massive growth over the past 
months, with the leading platforms within the ecosystem reaching remarkable 
levels and their cumulative trading volume hitting a new milestone. Related 
Reading: Bitcoin Price At Risk Of 50% Correction As BTC’s 2022 Bearish 
Playbook Repeats BNB Chain Sees Prediction Markets Explosion On Monday, BNB 
Chain announced that prediction markets in the ecosystem reached a new 
milestone, surpassing the $20.91 billion mark in cumulative trading volume 
over the weekend. Notably, the BNB Chain has expanded its presence over the 
past few months, diversifying with key players such as Opinion Labs, Probable, 
Myriad Markets, Predict.Fun, and XO Markets. Prediction markets are one of the 
most popular ways to forecast events and manage risk at scale, the BNB Chain 
explained in a blog post, becoming “powerful tools for smarter decisions in 
finance, governance, and beyond.” “From elections and sports to AI milestones 
and macroeconomic shifts, prediction markets transform scattered knowledge 
into actionable signals. Platforms like Polymarket, which saw over $2B in 
volume in October 2024, prove that decentralized markets can even outperform 
centralized forecasters,” they added. According to Dune data, prediction 
markets within the ecosystem have seen a significant surge since Q4, 
increasing nearly 89% just in the past month. The data also shows that BNB 
Chain has taken the lead in weekly trading volume by chain, surpassing off- 
chain prediction markets, Polygon, Solana, and Base since the start of 2026. 
Moreover, DeFiLlama data indicate that three platforms in the BNB ecosystem 
are currently among the top 5 prediction markets, only behind Kalshi and 
Polymarket, signaling increasing adoption. Opinion Labs ranks third in the 
list, with its 7-day and 30-day trading volumes reaching $725.56 million and 
$3.35 billion, respectively. Meanwhile, its open interest exceeded $144 
million as of late January. Probable has seen $558 million in volume over the 
past 7 days and $1.05 billion in the last 30 days. The platform has also 
reached a $1.4 billion in notional volume and over 17,000 users just a month 
after its launch. ETF Push And Price Recovery The recent milestone comes as 
major institutional players share interest in the BNB token. Last week, 
Grayscale filed an S-1 form with the US Securities and Exchange Commission 
(SEC) to launch a spot Exchange-Traded Fund (ETF) based on the cryptocurrency. 
If approved, the Grayscale BNB Trust (GBNB) will “reflect the value of BNB 
held by the Trust, including BNB earned as Staking Consideration” and offer 
investors exposure to the token without having to hold it directly. As of this 
writing, BNB’s price has recovered from Sunday’s correction and is attempting 
to turn a key area back into support. Market observer Rose Premium Signals 
highlighted that the cryptocurrency bounced from the strong $860 demand zone 
after the sharp corrective move. Related Reading: Bitcoin Confirms Bearish 
Structure After $98,000 Rejection — Here’s The Next Potential Target Moreover, 
it held the key Fibonacci retracement area, “which increases the probability 
of a bullish reaction.” If the altcoin successfully reclaims the $900 area as 
support, the analyst suggested that a retest of the $937 and $980 targets 
could follow. Featured Image from Unsplash.com, Chart from TradingView.com

Prediction Markets On BNB Chain Explode As Trading Volume Crosses $20B

If approved, the move would let the company bypass state-by-state licensing 
and offer federally regulated crypto trading without taking deposits.

Nomura-backed Laser Digital seeks US bank charter amid crypto banking push: Report

Wheaton Precious Metals CEO Randy Smallwood says the company’s streaming model 
is built to outperform traditional miners as rising metal prices drive 
operating costs higher across the sector. “ Gold is no longer trading like a 
commodity,” Smallwood stressed during his interview. “It’s really a currency.” 
Wheaton’s $3B War Chest Sets Stage for Next Wave […]

Gold Has Outgrown the Commodity Label, Precious Metals CEO Says

Gemini said Nifty Gateway helped introduce new creative experiences during the 
height of the NFT boom. Now, it&#8217;s coming to an end.

Gemini to shut down Nifty Gateway NFT marketplace in February

Rising Ethereum layer-2 activity and a notable bump in network fees may be an 
early sign that ETH is on the verge of a recovery.

Cryptocurrency price in BTC