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Prediction markets hit 53 billion dollars in monthly volume as courts split on state versus federal control, CCN reports
- Prediction markets hit 53 billion dollars in monthly volume as courts split on state versus federal control, CCN reports — Combined monthly trading volume across Kalshi and Polymarket more than doubled from about 25.7 billion dollars in May 2026 to 53 billion dollars in July, according to a Pew Research Center analysis of The Block data cited by CCN. Courts are split, with the Third Circuit backing Kalshi against New Jersey while the Ninth Circuit rejected key parts of its federal preemption argument in Nevada. (CCN)
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