Svmuu News: Despite recent regulatory scrutiny, activity in prediction markets has not slowed down, with daily trading volume reaching approximately $701.7 million (about $702 million) on Monday, setting a new record high. Data sources indicate that Kalshi accounted for approximately $465.9 million of this total, representing roughly two-thirds of the volume, while rival platforms Polymarket and Opinion collectively contributed about $100 million in trading volume. Prediction markets have remained a hot topic in recent years, emerging as a rapidly growing category of infrastructure products in the crypto space, with trading volume and adoption set to increase significantly by 2025. Kalshi is one of the leading prediction markets in the U.S., with contracts for traditional sports events accounting for the bulk of its revenue, and the platform has established partnerships with mainstream media outlets. Despite regulatory scrutiny (such as discussions regarding insider trading), prediction markets continue to attract traders and institutional participants, driving the total volume to new heights. (Cointelegraph)