Kalshi, the first CFTC-regulated prediction market platform, has expanded its crypto offerings by adding Solana (SOL) as a deposit and withdrawal option. The move comes as demand grows for alternative crypto assets beyond itcoin">Bitcoin and Ethereum on trading platforms. Kalshi users can now fund accounts with SOL to trade event contracts on politics, economics, and other real-world outcomes.
The integration highlights Solana’s increasing mainstream adoption, particularly in financial applications requiring fast transactions and low fees. “Adding SOL aligns with our mission to provide accessible, innovative markets,” said a Kalshi spokesperson. The platform maintains its unique regulatory status while embracing newer digital assets – a balance few prediction markets have achieved.
While Kalshi doesn’t currently offer crypto price prediction contracts, the SOL integration suggests potential future market expansions. The move follows Solana’s growing institutional acceptance, including recent ETF filings and CME futures listings. Analysts note this could further validate SOL’s position as a top-tier crypto asset beyond just DeFi and NFT use cases.
