According to an announcement by a16z crypto, the weekly trading volume of the prediction market has surpassed $10.8 billion for the first time in history. Various global events such as SpaceX's IPO, the US-Iran peace agreement, the NBA Finals, and the World Cup are reported to have driven the trading volume. Regarding this, a16z crypto explained, "Just a year ago, the weekly trading volume was around $500 million, and even during active market periods, it remained below $1 billion. However, trading volume began to steadily increase from last autumn, stabilizing in the $6-7 billion range by this spring. Even in a 'low-volatility week' like the present, the market size significantly exceeds its peak level from a year ago, demonstrating that the liquidity and participation in the prediction market are structurally and continuously increasing."
