According to @nic__carter, the prediction market sector is heating up as two key players, Polymarket and Kalshi, have reportedly achieved $1 billion unicorn valuations. Kalshi, a federally regulated platform, raised over $100 million in a round led by crypto-focused VC firm Paradigm, as reported by Bloomberg. In a parallel move, blockchain-based Polymarket is reportedly raising $200 million in a round led by Peter Thiel's Founders Fund, according to The Information. For traders, key metrics show a competitive landscape: Polymarket currently leads in active trading volume with nearly $600 million compared to Kalshi's $113 million, based on data from Kalshi's API. Furthermore, a Dune dashboard indicates Polymarket has around 186,000 active traders. Polymarket's potential future token launch, previously reported by The Information, remains a significant point of interest for crypto investors evaluating the platform's ecosystem.

According to @nic__carter, the blockchain-based prediction market Polymarket is nearing a $200 million funding round at a $1 billion valuation, reportedly led by Peter Thiel's Founders Fund. While Polymarket's growth is significant, Coinbase analysts identify stablecoins as the 'quiet winners'. All platform trades settle in Circle's USDC on the Polygon network, creating substantial, high-velocity demand for the stablecoin. This dynamic is evidenced by Polymarket processing over $14 billion in lifetime volume and clearing $1 billion in May alone with 20,000 to 30,000 daily active traders, as noted in the Coinbase research report. The report also highlights that this activity creates corresponding spikes in USDC transfers and bridge activity, cementing the stablecoin's role in real-time market infrastructure. This momentum is expected to grow following a new content partnership with Elon Musk's X.

According to @PlasmaFDN, Plasma has received a strategic investment from Founders Fund, a move retweeted by @ambergroup_io. This investment marks a significant milestone in Plasma's efforts to expand stablecoin adoption worldwide. For traders, this development signals potential increased liquidity and institutional confidence in stablecoin-related projects, which may drive higher trading volumes and innovation within the crypto market. The involvement of a major venture capital firm like Founders Fund underscores growing mainstream interest in digital assets and could positively impact stablecoin price stability and market integration (source: @PlasmaFDN on Twitter, May 22, 2025).

According to RootDataLabs, AbstractChain has become the number one hot project in the last 72 hours. The project recently raised $11 million in a funding round led by Founders Fund in July 2024.