How Kalshi's Solana Integration Could Unlock New Liquidation for SOL

Kalshi has opened the Solana deposit gateway today, allowing users to directly deposit funds into their account from a SOL wallet. This altcoin joins Bitcoin, USDC, and Worldcoin in Kalshi's cryptocurrency list. The Solana integration could deepen liquidity on both sides.

SOL holders can now transfer tokens to prediction markets without needing to convert to stablecoin first. As a result, Solana balances will circulate more actively between wallets and Kalshi, driving on-chain demand.

Could the US prediction market help Solana escape stagnation?

Over the past year, Solana's on-chain activity has primarily revolved around high-speed DEX trading and spreading meme coins.

For example, meme coins accounted for nearly 65% of Solana's trading volume in May. At its peak, daily DEX revenue exceeded $45 billion. However, prediction platform deposit channels bring a new utility.

Now, users can stake SOL on weather forecasts, election results, or even popular cultural milestones like the GTA 6 launch. This diversity promotes token movement across a broader market spectrum.

As a result, Solana's market depth could improve, as funds locked in niche event contracts will return to the broader ecosystem.

Moreover, integration with Zero Hash ensures SOL deposits are seamlessly converted to US dollars for Kalshi transactions.

This flow reduces friction compared to traditional channels and may attract native crypto traders who value fast payments and low fees.

Solana could increase Kalshi's market share in the US

This move could help improve Solana's liquidity by leveraging Kalshi's growing user base.

In 2024, Kalshi saw trading volume reach $1.97 billion, up from $183 million the previous year. Currently, Kalshi serves users in over 40 US states and recently added a mini-app for Worldcoin users.

Importantly, Polymarket—Kalshi's decentralized partner—has used Solana to trade on-chain results.

In prediction markets, users often access multiple platforms for better betting odds or niche predictions. Therefore, Solana support on Polymarket and Kalshi could create a common bridge between native DeFi markets and regulated markets.