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Polymarket Introduces Solana Deposit Support

Polymarket Introduces Solana Deposit Support

The prediction market Polymarket has introduced the option to deposit Solana. This move could invigorate activity on the platform, which reached its peak popularity during the U.S. presidential elections.

The platform operates on the Polygon network and previously required USDC stablecoin for account top-ups. Now, users will be able to deposit SOL tokens directly.

In January, Polymarket had approximately 462,000 active users per month, but since then, platform traffic has declined to around 292,000, according to The Block Data Dashboard.

Earlier this month, analyst Alex McCullough assessed the platform’s prediction accuracy at 94%, noting that Polymarket’s markets “clearly exhibit bias.” 

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