Polymarket data shows that Trump's election probability rises to 61%, Solana and Bitcoin usher in positive news

This article is machine translated
Show original

According to ChainCatcher's message, recent data from the decentralized prediction market platform Polymarket shows that the probability of former President Donald Trump winning the 2024 US presidential election has risen to 61%, attracting widespread attention in the crypto community. At the same time, a large number of tokens and prediction activities related to Trump have emerged rapidly on the Solana (SOL) blockchain.

As a decentralized prediction market, Polymarket reflects the market's expectations for various events through user bets. Unlike traditional polls, these platforms focus more on changes in capital flows and market sentiment, and have attracted over $30 billion in support.

Recently, many Trump-themed coins created by users on the Solana chain have seen significant price increases, attracting a lot of attention. Additionally, as a US-based blockchain platform, Solana (SOL) is expected to further increase its influence in the capital markets if Trump is elected, with the potential for a SOL ETF application.

Therefore, in the past week, the net inflow of Bitcoin ETFs has reached $2.3 billion, which may indicate the market's optimism about Trump's election and Bitcoin.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments