Prediction markets have gained rapid and broader traction, evolving into a mechanism of consistent engagement. In this respect, Bitget Wallet, the flagship crypto wallet of the popular exchange Bitget, has issued an exclusive report in collaboration with the decentralized prediction market platform Polymarket. As per Bitget Wallet’s official report, Polymarket has hit $25.7B in monthly prediction market trading volume in March alone. Interestingly, the report indicates users’ return to trade across diverse categories.
March’s $25.7B Prediciton Market Volume Displays Significant Retail Growth across 1.29M Wallets
In line with Bitget Wallet’s report, the decentralized prediction markets have recorded a staggering $25.7B just in March 2026. Additionally, 1.29M wallets participated in the market throughout the 1st quarter of this year. So, while returning more frequently, the users are trading across additional categories, denoting an expansion beyond the crypto market into sports, real-world markets, and politics.
The majority of the consumers are still retail, while 82.8% are trading below the $10,000 mark. The market is expanding due to recurrent use and modest trades. Among the consumers studied in the report, active days jumped from 2.5 to nearly 9.9 amid deepening participation.
Additionally, sports have become a dominant category, led by several noteworthy global events. With $10.1B in the total Q1 volume, this category now occupies the biggest activity share. Keeping this in view, the market statistics underscore a structural shift in the use of prediction markets.
Report Projects $240B Target for Prediction Markets by 2026’s End and $1T in Longer-Term Expansion
Thus, the market that was once led by one-off events has presented evolution into a mechanism of consistent engagement across different categories. While reflecting on this development, Bitget Wallet’s COO, Alvin Kan, expressed enthusiasm, saying, “What we’re seeing is a behavioral shift: the market is scaling with more taps per day, not bigger trades.” This indicates a central role of prediction markets in daily life.
Polymarket’s Director of Growth & Partnerships, Elden Mirzoian, also discussed this milestone of the decentralized prediction markets. He emphasized that, “We’re seeing a shift from episodic trading to more continuous engagement, where access and usability will be key to scaling participation globally.”
Therefore, amid the more frequent participation, access becomes relatively significant. Moreover, with market projections anticipating $240B in yearly volume by this year’s end, an extended leap toward $1T, decentralized markets are expanding across sectors as participation grows.
