Polymarket, a cryptocurrency-based prediction market platform, has just announced support for deposits using Solana (SOL), marking an important step in expanding payment methods.
Previously, Polymarket users mainly had to use USDC on the Polygon network to make deposits. The addition of SOL, the sixth-largest cryptocurrency by market Capital, not only increases convenience but can also attract more users from the Solana ecosystem.
This move is likely aimed at boosting activity on Polymarket, a platform that once reached a peak of 450,000 active traders per month in January this year, thanks to vibrant prediction markets around the US presidential election. However, the number of users has slightly decreased recently, according to data from The Block Data Dashboard.
The integration of SOL could help Polymarket further expand its customer base and improve trading experience, especially in a context where market prediction demand remains high.
